India's richest man announced the world's most expensive 4G smartphone

Although India's rapid economic development in recent years and is also considered to be IT technology power, but the country is still a lot of ordinary people in the use of 2G networks and feature phones.

India's richest man, Mukesh Ambani, has announced plans to launch the cheapest 4G smartphone in the history of Rs 1,000 (Rmb100) for smartphones to become more popular.

According to reports, this cheap smart phone will support 4G network and VoLTE ultra-clear call technology, providing live TV and video on-demand and other digital content, but also bundled with unlimited voice and video phone services.

Sources told the Indian media, one hundred yuan 4G smartphone is expected to be officially listed in the first quarter of next year, the current telecommunications companies have started and India, China and the Chinese mobile phone manufacturers to engage in negotiations mass production issues.

According to estimates, 100 yuan intelligent machine manufacturing costs will be around 2500 rupees (about 250 yuan), then the telecommunications company will give sales subsidies, so that prices remain at between 1000-1500 rupees.

The industry said that if India really put the market price of 100 yuan or so ultra-cheap 4G smart phone, it will work hard for many years in the Chinese mobile phone brand impact. According to previously broke the news, India's hundred smart phones are not really cheap, users need to use one of the customization services, including advertising push.