Coolpad Communications to Launch 15 More Models in India

Wednesday, 21 September 2011, 23:30 IST
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HYDERABAD: Coolpad Communications India, a subsidiary of Hong Kong-based mobile phone manufacturer China Wireless Technologies is planning to introduce 15 more CDMA and GSM handset models in the Indian market over the next 12 months, Managing Director of Coolpad Sami Al-Lawati told media persons. The company is also looking at setting up an R&D centre in India with an investment of 100 crore, he informed. "We are looking at launching 15 more models - 2G and 3G-enabled CDMA and GSM phones powered by Linux and Android operating systems in the price range of 2,500 to 20,000," he said. Announcing the launch of the company's Android CDMA phone, D530, in the Hyderabad market, Al-Lawati said though the company's sales in India were small until last year, they were expecting to sell one million units of CDMA phones in the next 12 months, primarily driven by the demand for high-value, data-enabled phones in the country. D530 will be available through an exclusive tie-up with Reliance Communications as a bundled offer as well as in the open market priced at Rs 7,999. The handset for the first Android-based model from Coolpad's stable to be introduced in India comes with features like high speed data of 3.1 megabit per second, a 3.5-inch touch screen and a 2 mega pixel camera. Al-Lawati said Coolpad, which spends around 8 per cent of its annual global sales on research and development (R&D) every year, was looking at setting up an R&D centre in India at an investment of Rs 100 crore. "We are yet to decide on the location for the Centre. We expect it to be ready by the end of next year," he said adding that the company would explore plans to set up a manufacturing facility in the country once it reaches scale, in the next three to four years.
Source: PTI