Jio Platforms received a Rs.33,737 crore investment from Google in July of last year. Mukesh Ambani revealed the transaction, which was part of Google’s India Digitisation Fund, on Thursday at Reliance Industries’ 44th Annual General Meeting (AGM). It included the proposal to manufacture the inexpensive Android phone JioPhone Next.
The new Android smartphone is the outcome of Reliance Jio and Google’s relationship, which was announced last year and disclosed by Mukesh Ambani and Google CEO Sundar Pichai.
Ambani said at the Reliance Annual General Meeting, “India still has nearly 300 million mobile users who are unable to escape from inefficient and exorbitant 2G services, because even a basic 4G smartphone remains unaffordable for these users. Last year… Sundar and I had talked about Google and Jio co-developing a next-generation, feature-rich, but extremely affordable smartphone.”
JioPhone Next Specifications:
The JioPhone Next is a smartphone aimed for those wishing to upgrade from 2G to 4G while staying within their budget. The new service is based on a special Android operating system created by Google specifically for Jio. The smartphone includes a voice assistant as well as functions such as automatic read-aloud of screen text, language translation, and an augmented reality camera. It also supports Android updates on a regular basis.
“JioPhone Next is powered by an extremely optimised version of the Android operating system that has been jointly developed by Jio and Google, specially for the Indian market,” Mukesh Ambani, Chairman of Reliance Industries, stated during the virtual AGM.
JioPhone Next Availability:
JioPhone Next’s pricing has yet to be revealed, but it will be “the most affordable smartphone not just in India, but globally.” The phone, on the other hand, is set to go on sale on September 10th.