Thursday, February 7, 2019

Further Consolidate Position Of Vivo V15 Pro, V15 Smartphones in India

Further Consolidate Position Of Vivo V15 Pro, V15 Smartphones in India

Chinese handset manufacturer Vivo, which will be set to refresh its V-Series of smartphones in India this past month using the V15 Guru and V15 smartphones, intends to consolidate its position in the highly-competitive Rs. 20,000-Rs.

"Vivo has continued to maintain leadership at the Rs. 20,000-Rs.
Further Consolidate Position Of Vivo V15 Pro, V15 Smartphones in India

Quoting German research company GfK's amounts, Marya explained that Vivo was a leader (according to value) at the aforementioned price group from the fourth quarter of 2018 and might aim to further increase in this section. GfK is believed to report the final consumption of these devices rather than just shipments.

The Chinese smartphone participant believes India as a significant marketplace and is working towards creating long-term investments from the nation.

In accord with its own"Make in India" push, the handset manufacturer set up its first production plant in India in 2015 with a yearly capacity of 25 million components.

"The plant is operating at its entire capacity and all of the handsets generated here are absorbed inside the Indian sector. As there is a growing requirement for Vivo smartphones, we've created more investments on the production front," educated Marya.

"Vivo has spent a total of Rs. 300 crore at the present manufacturing facility and additional surface-mount technologies (SMT) line also," Marya added.

The handset manufacturer had declared an additional expense of Rs. 4,000 crore over a span of four decades to open a new production plant to the Yamuna Expressway at Uttar Pradesh in December this past year, which aims to create 5,000 jobs within its first period of growth.

The 169-acre property was obtained close to the present 50-acre manufacturing center which will help enlarge Vivo's manufacturing capacities and encourage its continuing growth in the nation, the business said.

The Rs. 4,000-crore investment, that doesn't incorporate the price of the property, will also spur job opportunities in the area, additional Vivo which entered the Indian smartphone market in 2014.

At this time, there are over 70,000 merchants in India in which Vivo smartphones can be found and the firm has over 200 exclusive shops and two experience centers.

Launch scheduled on February 20, the V15 Pro smartphone is expected to include a triple-camera set up along with a pop-up selfie camera.
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