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RIL’s telecom arm working with partners to launch large screen smartphones: Report

26 Dec 2018 Evaluate

Reliance Industries’ (RIL) telecom arm -- Reliance Jio Infocomm (Jio) -- is reportedly planning to launch affordable large screen smartphones. In this regard, the company is working in association with its partners. The company is aiming to cater customers who seek to upgrade from feature phones to own such a 4G device.

Jio has partnered with several smartphone manufacturers such as Oppo, Samsung, Apple and Xiaomi to give offers to bring down the effective cost of a smartphone to make it affordable for first time buyers.

Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.


Peers
Company Name CMP
Reliance Industries 1177.30
Indian Oil Corpn. 126.05
Bharat PetroleumCorp 286.70
HPCL 328.20
MRPL 174.00
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