Indian tech company Jio Platforms announced Thursday that it has postponed the announcement of the ultra-budget smartphone JioPhone Next, previously slated for Friday, September 10. The joint development of Jio Platforms and US tech giant Google, designed to reach hundreds of millions of users in the second largest mobile device market in the world, will be unveiled in early November during the Diwali festival.
Jio Platforms announced that it is currently continuing to test the smartphone with “A limited number of users for the purpose of further development” and “Is actively working to make it more accessible”…
The Indian company, which operates the country’s largest telecommunications network with more than 400 million subscribers, explained the delay in the release of JioPhone Next by the global shortage of chips, adding that an additional two months before the presentation would “mitigate” the negative impact of this factor.
The JioPhone Next smartphone was presented in June this year. Device running “A highly optimized Android mobile operating system”, positioned as “Ultra-affordable 4G smartphone”targeting approximately 300 million users in India who are still using slower 2G and 3G networks. The companies announced plans to launch smartphones in other markets in the future.
JioPhone Next, whose specs were recently leaked to the Web, could disrupt India’s smartphone market and help further cement Jio Platforms’ dominance in the segment, analysts say.
Last year, Google invested $ 4.5 billion in Jio Platforms. Facebook and a number of other large companies also have a stake in the Indian firm.