The Jio feature phone[1] will likely be the centre of attention at the Reliance AGM[2] on Friday, and a new report claims that the company aims to sell as many as 200 million (20 crore) units of the handset over the next two years. This is a lofty goal, but not entirely unachievable as the 4G VoLTE-enabled Jio feature phone has previously been tipped to cost Rs. 500 and offer smartphone-like features. At this price point, the Lyf[3]-branded feature phone will be able to help Jio[4] smash the entry barrier associated with a smartphone.
A PTI report citing sources says Reliance Jio has an "initial sales" target of 10 million (1 crore) units, though the time period of that is unknown. Overall, Jio reportedly aims to sells 100 million units (10 crore) of the feature phone the first year of its launch, and another 100 million the following year. However, the forthcoming 4G VoLTE Jio feature phone will cost Rs. 1,000-1,500, says a source in the report, adding though the final unit price has not been decided yet.
Reliance AGM on Friday: What to Expect in Addition to Jio Feature Phone[5]
The report adds that process of importing handsets has already begun; likely from China if previous reports[6] are to be believed. In India, Jio is in discussions with Intex and Foxconn to manufacture the Jio feature phone units; Gadgets 360 had reported[7] earlier on Wednesday that Intex[8] and Jio are in final talks for the manufacturing.
One interesting new feature of the upcoming Jio phone, revealed by sources in the PTI report, is the option to connect the handset with a...