New Delhi: Jio News - Reliance Jio has signed a trade agreement with Google to jointly develop affordable entry-level 4G and possibly 5G smartphones in the future with the goal of making India "2G-mukt" or free of 2G technology.
The two firms said on Wednesday that under this partnership, Google will provide optimizations to its Android and Play Store for smartphones that Jio will launch in the market according to Jio News. Google also aims to take affordable smartphones and services developed out of its partnership with the rest of the world. Analysts said Jio could finally end up releasing the cheapest 5G device in the world.
Jio News - The pact came in the context of Google's investment plan of Rs 33,737 crore in Jio’s parent, Jio Platforms, for a 7.73% stake. "We believe we can design entry-level 4G... or even 5G for a smartphone for a fraction of its current cost. Mukesh Ambani, chairman of Reliance Industries, said in a speech at the annual shareholders meeting to power such a value-engineered smartphone, we also need an engineering operating system... This operating system must be designed from grounds-up.
Ambani said that Google and Jio are jointly building a smartphone operating system in India, adding that there is a need to accelerate the migration of 350 million Indians, who currently use a 2G feature phone, to an affordable smartphone.
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