Home Business Google-Jio smartphone deal puts Chinese phone makers at risk

Google-Jio smartphone deal puts Chinese phone makers at risk

Google investment and tie-up of $4.5 billion in Reliance Industries to make smartphones in India. The new Jio-Google smartphone will pose a major challenge to Chinese phone makers.

Mukesh Ambani announced the partnership with google at his company’s annual meeting last week. Google will build Android OS to power low-cost 4G/5G smartphones.

This poses a great threat to chinese brands like oppo, vivi, xiaomi which dominates $2 billion market in india.

History would see how Reliance will undercut other brands under the MadeInIndia wave.

Reliance executed an identical plan in 2017 with the launch of the JioPhone, a no-frills device that gave users internet access for as little as $20. JioPhone now has more 100 million users, many of whom are internet first-timers.

“They (the Chinese players) are likely to chop their price to compete and their margins could shrink,” said A Gururaj, the previous India head of contract manufacturers Wistron and Flextronics. “I see the Google-Jio phone as an enormous hit.”

Reliance’s ambition handy a smartphone to each Indian could also win subscribers from telecoms rivals Vodafone Idea and Bharti Airtel, who still have many many users with old-style feature phones on basic 2G networks.

Realme declined to comment. Reliance, Xiaomi, Oppo and Vivo didn’t answer requests for comment.

Vodafone Idea and Bharti Airtel didn’t immediately answer requests for comment.

Latest

SBI cautions against hackers; dos and dont’s to prevent fraud

State Bank of India (SBI) has cautioned its customers to guard themselves from cyber thugs. Through a video tweet, the bank has...

Delhi receives heavy rainfall overnight, aread flooded

Delhi & neighbouring areas received heavy rainfall in the night. THe weather department has predicted moderate rain and thunderstorms...

PM Modi: National Recruitment Agency will be boon for youngsters

PM Modi: National Recruitment Agency will be boon for youngsters PM Modi said on Wednesday, The National Recruitment Agency...

Nearly 11 Lakh Indians return under Vande Bharat Mission

More than 10,98,000 Indians stranded abroad in foreign countries due to the pandemic have returned to India under the Vande Bharat Mission...

Drug Makers asked to indicate the prices of Covid-19 vaccines

The development and trails of covid-19 vaccine in India are progressing good and the drug manufacturers have been asked to indicate potential...