The JioPhone Next, the much-awaited smartphone designed by Google and India’s Jio Platforms to tap hundreds of millions of users in the world’s second-largest internet market, won’t launch on Friday, the Indian technology giant said Thursday midnight. In a statement issued just now, Jio Platforms said it has been testing the smartphone with a “limited set of users for further refinement” and is “actively working to make it available more widely” around the Diwali festival scheduled for . The Indian firm, which operates the largest telecom network with over 400 million subscribers, blamed global for the launch delay and said it expects the additional two months “will” mitigate that.
They are powered by an “extremely optimized Android”. At an event in June, the two firms said the JioPhone Next would feature a “fast, high-quality camera” that will support HDR and be protected by the . The two firms have said that it will also ship with a range of features, pages, apps, messages, and even photos. The two firms have said they plan to launch the smartphone in other markets as well.
Analysts have said in recent weeks that the JioPhone Next — whose price and tech specifications are yet to be revealed — could disrupt the Indian— the world’s second-largest — and help the telecom network further solidify its dominance in the country. “At present, there are 430 million , 115 million JioPhone users [Jio’s “smart” featurephone], and 320 million (2G) users in India. We believe smartphone users with devices priced above $100 are unlikely to opt for a sub $100 device,” analysts at Jefferies wrote in a report to clients this .
“That leaves 25% of smartphone users, i.e., 105, and 320 million feature phone users, as the addressable market for JioPhone Next. Assuming ra eplacement cycle of 2 years for smartphones and three years for JioPhone/featurephones, the addressable market for JioPhone Next could be 200m devices annually.” Jio Platforms operates several businesses, including telecom giant Jio Infocomm, which competes with Airtel and Vodafone Idea; and e-commerce firm JioMart, which competes with Tata-owned BigBasket, SoftBank-backed Grofers, and Amazon and Walmart’s Flipkart. The smartphone is the latest collaboration between the two firms. , Google invested $4.5 billion in Jio Platforms, ahere it first announced the plans to develop cheap smartphones with the Indian telecom operator. Facebook and scores of other firms have also bought stakes in the Indian firm.