Karbonn Targets To Sell 1 Lakh Titanium S5 Phones By June

Karbonn Targets To Sell 1 Lakh Titanium S5 Phones By June

Thursday, 28 March 2013, 10:00 Hrs
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Karbonn Targets To Sell 1Lakh Titanium S5 Phones By June

Bangalore: Mobile handset firm Karbonn is targeting to sell over one lakh units of its newly launched quad-core smartphone Titanium S5 by June this year.

"We hope to sell a few hundred thousand phones of Karbonn Titanium S5 in our first quarter (ending June 2013)," Karbonn Mobiles' Executive Director Shashin Devsare told PTI.

The month of March has seen a series of announcements of Smartphones with quad core processors. This type of processor has four different processors embedded on a single chipset and promises access to around four functions simultaneously.

Karbonn launched Titanium S5 model, one of lowest price models in quad-core Smartphone segment, at Rs 11,990 early this week. The company's announcement followed launch of quad-core phone from its competitor Lava's Xolo for Rs 12,499.

"The strategy behind the launch of the Titanium S5 Karbonn Mobiles is to position the cutting-edge features and price bracket of this phone. Also we are aiming to reach 5 million approximately Smart phone devices sales with Titanium S5 by the next financial year (2013-14)," Devsare said.

Early this month, Sony announced the launch of its water proof quad-core phone Xperia Z for Rs.38,990. Samsung has also showcased its quad-core smartphone Galaxy S4 but the company is yet to announce launch date and price for the Indian market.

Karbonn's Titanium S5 has a 1.2 GHz Qualcomm Snapdragon quad-core processor, dual sim to support 3G and 2G connection, 8 megapixel auto focus camera with flash light, a 2MP front camera that can be used for video calling and three external sensors to automatically control functions of the phone.

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Source: PTI