MENU × BUSINESS
Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
TECHNOLOGY
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
PLATFORM
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
LEADERSHIP
CEO ReviewCompany Review
MAGAZINE
ASIA INDIA
STARTUPS CLIENT SPEAK CONTACT US

The Silicon Review Asia

Report: Indian Phone Makers gets Contract from American Telcos

Report: Indian Phone Makers gets Contract from American Telcos

Indian smartphone manufacturers such as Lava and Micromax have started to benefit from the on-going tussle between America and China, people familiar with the matter said.

According to sources familiar with the matter, American telcocompanies such as T-Mobile, AT&T and Sprint have made smartphone orders worth about Rs 2,500crore with the Indian companies. The 4G smartphones would cost below $200.

The phones which cost below the $200 mark covers 25 percent of the global $460 billion smartphone market.

Earlier, these American telcos have been dependent on China for the handsets but now they will use devices made by Indian manufactures for the first time. The deal is good news for both the Indian phone makers as there will be some relief in terms of revenue is concerned. Since the past four years, the manufacturing plants of Micromax and Lava has been underutilised.

People familiar with the matter said ET that “Lava is believed to have bagged book size of about Rs 2,000 crore and Micromax of about Rs 500 crore”.

The person also stated that before confirming the order, an official from AT&T came to the plant and inspected it. Another person familiar with the matter said that AT&T will brand the phones, as per the contract.

The move could boost operations in the two Indian phone makers, and leave a positive impact on other phone manufactures in the country.

YOU MAY ALSO LIKE

Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...

Business Travelers to Stay at Singapore’s Changi Airport Bubble

Singapore’s open economy depends heavily on tourism and business. But its vibrant but small economy has been hurting as the circumstances due to...

Countries in Asia-Pacific are marching towards ‘green recovery’ amidst Covid-19 crisis

2020 has been an unforgettable year for many of us. The ongoing Covid crisis has reminded people that it is very important to have an uninterrupted an...

Department of Telecommunication to announce the new schedule for 5G trials

Department of Telecommunications (DoT) is all set to announce the new schedule for 5G trials. The Dot made this decision after being pulled by the par...

RECOMMENDED