Maxx Mobile to launch tablet soon

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Maxx Mobile has plans to enter the tablet space. The company is working on features for the proposed products. Maxx tablets is said to compete with Samsung's Galaxy Tab, Blackberry Playbook, Apple iPad, Motorola's Xoom, Dell's Streak, Creative Technologies' ZiiO and HTC Flyer. While the bigger brands are selling their tablets at prices starting above Rs. 25,000, the Indian brands are looking at introducing their devices at much lower price points. Since the launch of Apple iPad, the tablet market is witnessing huge competition, with new contenders launching their devices. The report suggested that the sales in the tablet PC segment in India are expected to touch one million units over the next 12 months.

Ajjay Agarwal, Chairman & Managing Director, Maxx Group, said, "The Company is working on developing some tabs. It will take a long time. We have to do a lot of work on it. The primary raw material for these mobile phone batteries is lithium iron cells. It has a great consumption in our factory. So we plan to do a backward integration. The firm has plans to invest Rs. 320 crore during this fiscal to produce lithium iron cells and mobile phones."


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