And here comes yet another Chinese smartphone in the country! Zopo has made a grand entry in India and launched flagship 4G LTE device 'Speed 7'. Priced at Rs 12,999, this phone will be available through Snapdeal.
With Gionee, Xiaomi, OnePlus already doing well, this Chinese brand would definitely initiate some whirlpool of competition in the market.
"India is a market with a huge potential. It is the fastest growing smartphone market globally and after success in Europe and other Asian countries, it was a logical step to come here," said Zopo Mobile General Manager Kevin Xu.
The company is aiming to sell about one lakh units in a month and over one million devices over the next 12 months.
"We see a lot of potential in the Indian market. While Spain is our largest market right now, in the next 1-2 years, we expect India to account for over 50 per cent of our sales," he said.
The company sells about 500,000 units a month globally.
Smartphone shipment in India grew 44 % to 26.5 million units in the April-June quarter, according to research firm IDC.
Zopo has formed a marketing, distribution and service centre alliance with City-based Adcom. Adcom sells feature phones in India under the same brand name.
"We already have a manufacturing facility for feature phones. After we reach a certain sales volume with Zopo, we will start manufacturing Zopo smartphones in India too... The timeline we see is by next year," Adcom founder and Chairman Sanjeev Bhatia said.
He added that Zopo will be available for service through 200 service centres.
'Speed 7' features Android 5.1 operating system, 3GB RAM, 5-inch frameless screen, 13.2 MP rear and 5MP front camera and 2,500 mAh battery.