Spice To Launch Android One, Firefox OS Budget Smartphones Before Diwali
By PTI
NEW DELHI: Domestic handset maker Spice said it will bring the much-awaited Rs. 1,500-Firefox OS and Rs. 6,000-Android One smartphones to India before Diwali.
Earlier this year, Mozilla (developer of Firefox web browser) had tied up with Indian firms - Intex and Spice - to bring smartphones priced at $25 (about Rs. 1,500) to India.
Similarly, under the Android One initiative, Google has partnered Spice, Micromax and Karbonn from India to deliver a smartphone under $100 (about Rs. 6,000).
Both the handsets are expected to fuel further competition in the world's fastest growing smartphone market.
"We will have the handsets in before Diwali. These phones are designed for driving connectivity at affordable prices. We were chosen for our innovation, we are among the chosen few to work with these global giants to bring these devices to India," Spice Retail CEO Devices T M Ramakrishnan told PTI.
Spice is aiming to grow its revenues in the country by over 40 percent to Rs. 2,000 crore this fiscal, buoyed by the strong growth in its smartphone business.
"Last year, our revenues were Rs. 1,400 crore and this year, we expect it to grow Rs. 2,000 crore (fiscal ending June 2015). We expect to grow our market share to over 4 percent from about 2.2 percent now," he said.
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