SMobility launches Spice Stellar at Rs 9,999
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SMobility launches Spice Stellar at Rs 9,999

Last Updated: Thursday, June 07, 2012, 12:18
 
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SMobility launches Spice Stellar at Rs 9,999
New Delhi: Domestic handset maker SMobility on Wednesday announced the launch of its 'Stellar' range of devices, priced sub-Rs 12,000, as it aims to garner a larger share of the burgeoning smartphone segment in the country.

"The 'Stellar' range offers security as the unique proposition, promising protection against virus and data loss or theft on these Android devices. For this, the company has partnered with NQ Mobile, a leading mobile security provider," SMobility Global Head (Devices) Kunal Ahooja told reporters here.

SMobility has launched Spice Stellar, Spice Stellar Craze and Spice Stellar Horizon. While Spice Steller will be available across the country from today, the other two would be launched soon. The devices are priced at Rs 9,999, Rs 6,499 and Rs 11,999, respectively.

The smartphone category, which has traditionally been dominated by players like Samsung, Apple and Sony, is witnessing a lot of action lately as domestic companies like Micromax and SMobility launch their devices to take on these multinational giants.

"We are focussing on evolving from a feature phone brand to a smartphone company. It will take us 2-3 years in the segment to make a mark as it will take time to assure people that our devices are as packed with capabilities as that from any other vendors," Ahooja said.

Smartphones are phones running on operating systems like Google's Android, Microsoft Windows and Apple's iOS among others.

The company had launched Android-based smartphones last year. This year, it plans to launch eight new devices under 'Stellar' as well as double its smartphones sales in the next couple of quarters.

He added that the company is eyeing sales of seven million handsets, including smartphones, this year in India from six million last year.

A company official said SMobility sells about 600,000 handsets in India a month, of which 30,000 are smartphones.

SMobility aims to double its smartphone sales to 60,000 a month over the next two quarters, he added.

According to a study by Research and Markets, smartphones are expected to account for about 25 percent (with 73.4 million units) of the total Indian mobile phone market by 2015. It estimated that about 11.2 million smartphones were shipped to India in 2011.

The research firm said sales of smartphones in India will grow at 60 percent annually on average till 2015, while overall mobile handset sales will grow at about 13 percent per year.

India is the second largest mobile handset market in the world, after China, and is estimated to have grown by 15 percent to touch USD 6.75 billion in revenues in 2010-11 from USD 5.88 billion a year back.

PTI



First Published: Wednesday, June 06, 2012, 19:32


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