Chinese smartphone maker Homtom has announced to enter into Indian smartphone market with its latest series of smartphones in mid-range segment.
The company aims to capture considerable amount of market share in the first year of its operation in India. The company is going to manufacture in India to endorse in Make in India and ensure superior quality products are delivered to Indian customers by understanding local needs and usage pattern, a company release said.
Homtom also offers ODM services to various smartphones companies across the globe. It has a huge focus on R&D and holds more than 100 patents.
According to IANS, Gary Zhang, CEO, HOMTOM, said in the statement that since inception, the company has expanded their business in more than 200 countries and regions and made thier presence felt across varied geographies like South Asia, Middle East, Africa, Europe, Latin America and North America. Incepted in 2013, the name HOMTOM is derived from the Chinese word “Heng Tong,” which conveys rich wisdom.