Business Intelligence on Retailing, Franchising, and Consumerism in China


Huawei Makes Indian Inroads With New Smartphone Launch

Chinese telecom equipment maker Huawei will reportedly invest INR1.75 billion, which is about USD30 million, in the Indian market to establish its own brand.

Meanwhile, Huawei launched a new 6.1-inch Android smartphone named Ascend Mate in the country, with a retail price of USD430.

According to a report in The Hindu, a Indian local newspaper, Huawei's goal is to sell one million smartphones and tablets in India over the next six months.

Victor Shan, president of device business development division of Huawei India, said that about 8% to 10% of their operating revenue from mobile devices in India will be used in investment. The investment will be mainly used to enhance their retail network and brand establishment. In 2012, their operating revenue in this marketplace is USD300 million.

The report also revealed that Huawei has reached cooperation with Indian local e-commerce giants like Flipkart and Snapdeal. Via those partners, Huawei will realize the online sales of its Ascend Mate smartphones and other devices.






Be the first to comment on "Huawei Makes Indian Inroads With New Smartphone Launch"

Leave a comment

Your email address will not be published.


*




  Other China News

ChinaTechNews.com:

AutoNavi, Delphi Reach Deal

Hisense's Net Profit Down 47.39% In First Three Quarters Of 2017

Airbnb China Head Resigns

DMG To Buy China Rights Of Forbes Brand


GreenChinaTech:

Chinese Electric Bus Manufacturer Lands USA Deal

American Electric Car Manufacturer To Build In China

U.S. Clean Water Company Makes Chinese Inroads

GE Will Promote Wind Power Through New Chinese Education Center


ChinaSourcingNews.com:

JD To Build Global Logistics Headquarters In Xi'an

Wumart, AGS Sign Agreement For Seafood Direct Procurement

India Gains Second Factory From China's Xiaomi

85% of Indian Staff To Lose Jobs At China's LeEco