Chinese telecommunications equipment company Coolpad today announced its partnership with domestic electronics brand Videocon to make smartphones in India. Coolpad expects to roll out half a million devices from its facility in Maharashtra and the first locally made smartphone will be available in Q1 2016.
“India is a very crucial market for us and we believe that we will learn a lot from our investments in the country which will affect the company and its business globally,” said Dr. Johnson Luo, Coolpad, V.P. Coolpad Group. It ill invest $300 million in manufacturing, R&D and ID design.
The company also partnered with Amazon India to introduce an affordable smartphone with fingerprint scanner called Coolpad Note 3. Priced at Rs 8,999, the dual SIM smartphone with 4G support offers a 5.5-inch HD display screen, 13MP rear and 5MP front cameras and a 3,000 mAh battery.
The smartphone runs its custom UI based on Android Lollipop and is powered by a 64-bit 1.3GHz octa-core MediaTek MT6753 processor with 3GB RAM and 16GB internal storage with support for up to 64GB microSD cards. The device will go on sale starting October 20 exclusively on Amazon.in on prior registration.
PICTURES: Check out the Coolpad Note 3