Categories: sony

Sony plans to make Xperia phones in India



After televisions, Sony Corp plans to assemble its Xperia smartphones in India and manufacture a couple of sub-Rs 10,000 models, specifically designed for the local market. The company is in talks with Taiwan’s top contract manufacturer Foxconn to assemble its smartphones in India and the first batch is likely to roll out this calendar year, three senior industry executives said.

The Japanese consumer electronics major is finalising a new strategy for the Indian market, which is its fourth largest after the US, China and Japan. The plan includes increasing revenue by boosting mobile phone sales, with the country poised to become the world’s second largest smartphone market by 2017.

Sony has globally decided to vacate the entry-level smartphone segment, but it has realised that it needs to have a couple of handsets in emerging markets since that segment accounts for more than 70% of industry sales.




Local assembling and manufacturing of smartphones provide the makers duty benefit of 6% to 6.5%, which is aimed at encouraging the government’s Make in India initiative.
Share
Published by
Tech Updates

Recent Posts

OnePlus Nord 5, Nord CE5 to launch in India on July 8

OnePlus is all set to launch OnePlus Nord 5, Nord CE5, and OnePlus Buds 4…

4 hours ago

Realme Narzo 80 Lite 5G Launched in India for Rs 10,499

Realme has launched the Realme Narzo 80 Lite 5G smartphone in India. Realme Narzo 80…

7 hours ago

Lava Storm Lite 5G vs Samsung Galaxy F06 5G

Lava has launched Lava Storm Lite 5G with a Dimensity 6400 Processor, and 5000mAh Battery,…

3 days ago

Lava Storm Lite 5G, Lava Storm Play 5G Launched in India

Lava has launched Lava Storm Lite 5G and Lava Storm Play 5G smartphones in India.…

3 days ago

Vivo T4 Ultra with Dimensity 9300+ launched in India for Rs 37,999

Vivo just launched Vivo T4 Ultra smartphone in India. It has a 6.78-inch FHD+ 120Hz…

5 days ago

Google starts rolling out Android 16

Google has started rolling out the Stable Android 16 Update for Pixel Phones. The Update…

5 days ago