- The Rs 10,000-20,000 price segment was the best selling for the company in the third quarter
- Vivo recently announced to expand its manufacturing capacity at its Greater Noida plant
According to a report by IANS, Vivo is all set to develop Artificial Intelligence (AI)-enabled 5G devices in 2020 to match the fast-paced lifestyle of consumers.
Nipun Marya, Director Brand Strategy, Vivo India told the news daily that 2019 has been a good year for Vivo in India. Their endeavour is to constantly give industry-first innovations to our customers, continually expand our distribution footprint, and announce more investments as part of their commitment to the India market. They are focused on bringing new innovations to stay ahead in the smartphone segment.
Bullish on 5G smartphones
Marya further stated that Vivo will launch unique products with stylish design, latest technology and powerful performance to match the fast-paced lifestyle of Indian consumers. They are equally bullish on 5G smartphones for the Indian market. The onset of 5G services in the country presents itself as a lucrative opportunity that most mobile phone manufacturers are likely to bank on in the upcoming year.
Marya told IANS that as a front-runner for new camera technology developments in the industry, our aim is to continue surprising our customers with exciting camera innovations in 2020 as well.
According to him, the Rs 10,000-20,000 price segment was the best selling for the company in the third quarter and it will double down on this ever-growing segment. The company believes that the combination of 5G and Artificial Intelligence (AI) will be the key trend for the 5G-embedded smartphone era.