Sunday, June 30, 2013

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ZTE to launch 5 smartphones

Aiming to become one of Indias top three handset vendors, Chinese company ZTE announced a tie-up with an Indian firm Calyx to launch its smartphones in the domestic market. As a part of the partnership, Calyx will be responsible for distribution, sales and marketing of ZTE phones in India."We will initially focus on five states - Maharashtra, Goa, Gujarat, Madhya Pradesh and Chhattisgarh. ZTE devices will be available pan-India by October," Calyx Telecommunications Executive Director Gaurav Somani said. He added that the company will invest about Rs 500 crore in getting the
inventory, marketing and distribution of ZTE products.
ZTE, which supplies handsets to Indian handset-makers such as Micromax and Karbonn and telecom operators Reliance Communications and Idea Cellular, MTS has set a target of selling one million smartphones in the first year. ZTE is going to introduce five models, priced between Rs 5,799 and Rs 14,999, followed by the introduction of tablet PCs by Diwali.

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