To improve its position in India, the US smartphone maker Motorola plans to bring affordable 4G smartphones to India next year along with Brazil.
“India is absolutely essential (for global turnaround). India and Brazil are countries that we think first when we think about our business because that’s the future. The market here is growing incredibly quickly,” Rick Osterloh, President and Chief Operating Officer at Motorola Mobility told ET.
As per an IDC report, Motorola is now the fourth largest smartphone vendor worldwide after being acquired by China’s Lenovo for USD 2.91 billion. The report shows that Samsung leading with 23.8 percent, followed by Apple with 12 percent, Xiaomi with 5.3 percent and Lenono following with 5.2 percent. While, LG occupied at fifth position with 5.1 percent share.
In August, the company had also announced that it developing 8 new devices which it is planning to launch by end of the year. The devices may be successors to the Moto X & Moto G along with DROID handsets by its partner company, Verizon.
Image Source: Motorola Website