New Delhi, July 21: The annual general meeting (AGM) of Reliance Industries is scheduled to begin at 11 AM on July 21. Known for his surprise announcements, Reliance Industries Limited (RIL) Chairman Mukesh Ambani is rumoured to make some big announcements today. Chances are high that the Reliance Jio 4G VoLTE enabled feature phone will be unveiled at the annual general meeting today. It is believed that the new Reliance Jio LYF-branded 4G feature phone would be priced to be as low as Rs 500.
It has been reported that Intex would manufacture the phone which will be co-developed with Jio and sold via a ‘subsidy model’ while other reports state that the device would be manufactured by Foxconn. If reports were to be believed, Jio’s 4G feature phone will be launched in two processor variants namely, the Qualcomm and the Spreadtrum chipsets inside. The Reliance Jio LYF-branded 4G feature phone will feature a 2.4-inch colour display and is backed by a 2000mAh battery. The feature phone has 512MB of RAM along with an internal storage of 4GB along with a microSD card. The connectivity features of the new Jio feature phone include Wi-Fi, Bluetooth 4.1 and GPS and will come pre-bundled with Jio services and will most likely launch in August for the Indian market.
