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InFocus Invest Rs 65 crores To Get a Position in India

InFocus, the company of Taiwan's Foxconn, plans to invest $10 million to get a position in India with a focus on the Rs 10,000-price segment as part of its another attempt to make a spot in the world's second largest mobile phone market.

Company  is also working on a 4G VoLTE feature phone, priced under Rs 3,000, and it is likely to be launched before Diwali. The company is working with Reliance Jio for this kind of plans  voice, data and apps that can be offered or bundled with the device

Foxconn, the world's largest contract manufacturer, also plans to launch smartphones from Sharp - the Japanese company's business it acquired last year - by the end of the year.
There is lot of attention from the headquarters on the India market now, there's been a change in team, more partners have been added and we're also getting into featurephones," Dr Zhongsheng said.

InFocus is gaze at a top five place among handset players in three years through an forceful push in both online and offline segments in the country, with eight smartphones models between Rs 4,999 and Rs 10999, and an equal number of feature phone models priced between Rs 699 and Rs 1,099.


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