Ahmedabad, Aug 21 : India's second largest cell phone selling Chinese handset maker Vivo is making quick progress with regard to 5G technology readiness, said Mr Nipun Marya.
Brand Strategy Director Marya also said that the company follows all the security and safety norms and rules of the government of India with regard to its handsets and there should be no concern about data safety with Vivo phones.
Talking to newsmen here today on the occasion of the launch of its S1 smartphone, Director Brand Strategy, Vivo India, Nipun Marya said, 'the company is moving ahead quickly in 5G technology. It has already tested a few handsets in China. It has also collaborated with leading 5G technology company Qualcomm.'
'But technology readiness was just a part of the 3 pronged strategy because 5G will not be for mobile phones alone. It would be more for Internet of things. So we are also collaborating with other companies like TLC and Midea etc who made 5G aided consumer durables like refrigerators, televisions and air-conditioners, so that we would be able to provide a whole 5G ecosystem to them along with our phone. The company was also working on variables, he added.
To a query he said that there should be no data security concerns about Vivo phones as the company fully abide by the laws and rules of the government of India. He said that his company would set up its second manufacturing unit in Greater Noida near its existing one in Noida. 'So far we have invested Rs 400 crore in India and for the second plant which after completion of phase one would double our production capacity to 5 crore handsets per year, we have already committed an additional investment of Rs 4000 crore. 169 acres of land has also been acquired for it. He however could not provide a timeline regarding its completion and production etc,. He added that all the Vivo sets sold in India were manufactured in India in its single plant which was working at its full capacity of 2.5 crore units currently.
'We import some of the parts of the phones but not even a single phone sold in India is made outside India,' he said.
Notably, with a market share of 20.1% in India Vivo was the second largest mobile phone seller after Korean rival Samsung.(UNI)