LYF handset in India

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May 20th, 2016 2:26 PM 2 COMMENTS

Indian mobile shipment drops 8.2% in Q1 2016, Reliance Jio’s LYF shows a fast growth: IDC

According to a recent report released by International Data Corporation's (IDC), Reliance Jio’s LYF branded smartphones has replaced Lava as the 5th largest smartphone vendor in Q1 2016. The report also predicted the Jio’s shipments will continue to grow in the coming quarters owing to launch of its service offerings. “This year is expected to unfold many transitional phases in the mobile phone ecosystem as more vendors begin local assembling/manufacturing and... Read More

May 16th, 2016 10:11 AM 16 COMMENTS

Reliance’s Lyf may become a $1 billion brand by year-end: CLSA

CLSA, in a recent note, said that Reliance's Lyf handset brand could well become a $1 billion brand in India by the end of the ongoing fiscal year, if it continues to manage 7% market share. The brokerage said that the 7% market share of estimated 137 million smartphone sales in the ongoing financial year will result in sales of 10 million units, which could make LYF a $1 billion... Read More

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