China’s Homtom all set to enter Indian smartphone market

- Advertisement -

Chinese smartphone maker Homtom has announced to enter into Indian smartphone market with its latest series of smartphones in mid-range segment. 

Image for representational purpose only

The company aims to capture considerable amount of market share in the first year of its operation in India. The company is going to manufacture in India to endorse in Make in India and ensure superior quality products are delivered to Indian customers by understanding local needs and usage pattern, a company release said. 

Homtom also offers ODM services to various smartphones companies across the globe. It has a huge focus on R&D and holds more than 100 patents. 

- Advertisement -

According to IANS, Gary Zhang, CEO, HOMTOM, said in the statement that since inception, the company has expanded their business in more than 200 countries and regions and made thier presence felt across varied geographies like South Asia, Middle East, Africa, Europe, Latin America and North America. Incepted in 2013, the name HOMTOM is derived from the Chinese word “Heng Tong,” which conveys rich wisdom.

- Advertisement -

Most Popular Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

“Don’t Let Designations Become A Wild Goose Chase”

0
In his childhood, he possessed just one sweater, meant to last through many winters. He could not join IIT Roorkee because the cost of...

“Capitalise On ‘China Plus Two,’ Where Products With Higher Value Addition Become The Focus”

0
EPIC Foundation aims to transform India into an electronics hardware product nation by collaborating with governments, universities, design houses, and startups. In a conversation...

Exclusive: Electric Two And Three Wheelers In Focus For AMP 2030

0
It seems that the Indian government is going to focus on electric two— and three-wheelers. Taking these beyond Tier 1 and 2 Indian cities...

Buzz

solar panels

Tata Power Solar And Indian Bank Forge Partnership To Propel Residential Solar Adoption

0
This collaboration aims to facilitate easy access to financing for homeowners, setting the stage for a greener future. Tata Power Solar Systems Limited (TPSSL) has...

Honda plans major EV factory construction in Canada,

0
Honda's dedication to this facility reflects its wider ecological objectives, which include a target to only offer zero-emission vehicles by 2040 and to attain...

Scoop: Finayo Plans Rs 100 Cr Financing Fund For EV Dealerships

0
While EV finance is improving in Bharath (Tier 2, 3, 4 cities, and rural India), it is still one of the biggest challenges! Can...

Important Sectors

solar panels

Tata Power Solar And Indian Bank Forge Partnership To Propel Residential Solar Adoption

0
This collaboration aims to facilitate easy access to financing for homeowners, setting the stage for a greener future. Tata Power Solar Systems Limited (TPSSL) has...

Log 9 Enters EV Asset Management Via Amphion

0
Commercial electric vehicle asset management and finance is becoming one of India's biggest emerging business opportunities. Here's Log 9 joining the segment! Log 9 has...

Honda plans major EV factory construction in Canada,

0
Honda's dedication to this facility reflects its wider ecological objectives, which include a target to only offer zero-emission vehicles by 2040 and to attain...

Scoop: Finayo Plans Rs 100 Cr Financing Fund For EV Dealerships

0
While EV finance is improving in Bharath (Tier 2, 3, 4 cities, and rural India), it is still one of the biggest challenges! Can...

Macquarie Group To Invest $1.5 Billion In Indian Fleet Electrification With Vertelo Launch

0
Vertelo has entered into a long-term lease agreement with Tata Motors, committing to purchase up to 2000 electric cars within the next three years....

Manufacturing

Honda plans major EV factory construction in Canada,

0
Honda's dedication to this facility reflects its wider ecological objectives, which include a target to only offer zero-emission vehicles by 2040 and to attain...
Sona Comstar

Sona Comstar Launches Mexico Plant For North American EV Demand

0
The new facility, established to address the increasing demand for premium driveline solutions for BEVs in North America, will focus on manufacturing differential assemblies...

Sterling Tools Inks MoU With Yongin For EV Components Facility

0
Sterling Tools announced that this strategic partnership is anticipated to bring in Rs 250 crore in business over the next five years. This collaboration...

Tata Elxsi-Renesas MCU Boosts EV Cost Efficiency And Market Speed

0
The Motor Control Unit's modular, scalable design facilitates integration across various EV applications, reducing time to market by 40%, lowering design and development costs...

Ramkrishna Forgings To Supply Powertrain Parts To Top US Electric Carmaker

0
Indian producer of rolled, forged, and machined products enter the US electric vehicle market for the first time. Ramkrishna Forgings, an Indian supplier of rolled,...