Karbonn to launch Tablet PC by Oct

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Karbonn Mobiles plans to launch its tablet PC, the Karbonn K-pad by October this year, which will be priced below Rs. 10,000.

"The tablet which will be available in three sizes - 7 inch, 9 inch and 10 inch can also be used as a mobile phone. Karbonn hopes to sell about 40,000 tablets a month," Sudhir Hasija, Chairman, Karbonn Mobiles said.

It has invested about Rs. 70 crore for this product and its Android-based Smartphone. The Karbonn A1 phone, based on the Android Froyo 2.2 OS is a 3G-enabled phone and has a 2.8 inch capacitive touch screen, a 3.2 mega pixel camera, 1100mAh battery and supports up to 32 GB expandable memory. The phone will be priced Rs. 6,900.

Hasija further said, "The company has sought Private Equity funding of about $ 250 million from Indian and international investors, for all new launches in the pipeline. Karbonn Mobiles is looking at an IPO in 2-3 years. Karbonn proposes to take its new products to Africa and the Middle East in addition to Bangladesh, Sri Lanka, Nepal and Singapore where it is already present. The company expects to earn about 15 per cent of its revenue from exports by 2012. We will be using the new Lithium Polymer batteries instead of the Leon batteries that are used today. These batteries cost about 10 per cent more, and are not bulky and can be used in slim phones."

The company, which carved a niche in the mobile phone market by offering a long battery life, will also launch a phone by September this year which will have an even longer battery life of 45 days standby(2400 MH battery) compared with the 30 days standby (1800 MH battery) that several phones boast of today. The company also plans to start offering value-added services like push mail, call management services and other applications. Karbonn, under its expansions, also has a tie-up with Disney to manufacture slightly more expensive mobile phones with Disney features and packaging as part of the Disney merchandise.


For More Details See

www.varindia.com

Comments

Post a Comment

Popular posts from this blog

N Chandrasekaran appointed chairman of Tata Sons

Image
The board of directors of Tata Sons, at its meeting has unanimously appointed N Chandrasekaran as executive chairman, Tata Sons. N Chandrasekaran shall take charge from February 21, 2017. The board of Tata Sons said, “Chandrasekaran has demonstrated exemplary leadership as the chief executive officer and managing director, Tata Consultancy Services. We believe he will now inspire the entire Tata group to realise its potential acting as leaders in their respective businesses, always in keeping with our value system and ethics and adhering with the practices of the Tata group which have stood it in good stead.” Chandrasekaran was the chief executive officer and managing director of Tata Consultancy Services since 2009. A Tata lifer, he had joined the company in 1987 and was appointed as a director on the board of Tata Sons on October 25, 2016.
Read more

Fake GST invoice scam; 215 people arrested, ₹700 cr recovered

Image
Fake GST invoice scam; 215 people arrested, ₹700 cr recovered:  The   Directorate General of GST Intelligence (DGGI)   has recovered more than ₹700 crore from the arrested 215 people and in the last two months. The individuals who have been arrested for   GST fake invoice frauds   and are fly-by-night operators who fraudulently avail, pass on and utilize input tax credit (ITC) in multi-layered scams. The GST intelligence authorities have also registered over 2,200 cases and have unearthed more than 6,600 fake   GSTIN   entities. “Out of the 215 arrests so far there are 71 masterminds, 81 proprietors, 36 director/managing directors, 15 partners, 3 CEOs, 6 chartered accountants and one each of company secretary, broker, and GST practitioner,” the statement said.   The recent usage of data analytics, data-sharing and AI along with BAFTA tools has helped the agency to detect fraudsters with precise inputs. The DGGI in its statement also said that the arrested include several managing dir
Read more

Visa buys NFT based CryptoPunk and paid $150,000 in Etherium

Image
Visa buys NFT based CryptoPunk and paid $150,000 in Etherium:  Leader in the digital payments   Visa   has purchased a digital CryptoPunk for $150,000, marking the company's first ever   NFT   purchase. The deal is clearly shows that, Visa is stepping into the world of NFTs with its purchase of   CryptoPunk 7610 .   Going forward, NFTs and Visa to align and integrate them in new brand strategy to gain a sizable market share. However, NFTs have often been compared to physical collectible items like rare trading cards and works of art.   The CryptoPunk 7610, which feBlatures a female punk with a mohawk and large green eyes. "We envision there could be a future where your crypto address becomes as important as your mailing address," Visa's Head of Crypto said.   An NFT - which stands for non-fungible token - is a unique digital asset designed to represent ownership of a virtual item. Unlike bitcoin and other cryptocurrencies, NFTs can’t be exchanged like-for-like with an
Read more