vivo X90 launch; X90 being made in India
vivo expects soon-to-be-launched X90 series to catalyse its growth in the premium segment in the Indian market and these devices will also be 'Made in India', according to the company.
The X90 series - scheduled for official launch on April 26, comprises two flagship devices, vivo X90 and vivo X90 Pro. The new devices aim to offer users a "superior" mobile photography and videography experience, a senior company official said.
The X90 handsets in India are being manufactured in its Greater Noida facility.
Earlier this month, the company had said it will invest ₹1,100 crore more by the end of 2023 to increase its manufacturing capacity in the country, and that production in its new unit in Greater Noida is expected to begin by early 2024.
vivo already has a manufacturing unit operational in Greater Noida, and every vivo smartphone that is sold in India is Made in India.
Yogendra Sriramula, Head, Brand Strategy, vivo India termed X90 a "pathbreaking product" as it takes camera capability to another level and said while the company does not give sales target, more often than not it has seen demand surpassing estimates for various devices in X series.
"We can't quote numbers but we want 13 per cent (our current share in the ₹30,000-plus premium segment in India) to go up and want it to hit a higher number. Will it turbocharge our growth...I am hopeful and confident that it will," he said.
In the year 2020, when the company launched X series products, vivo ended the year with 3.3 per cent share of volumes in the ₹30,000-plus market - a number that has since steadily risen to 13 per cent, he pointed out.
The company expects the premium segment to grow "very rapidly" in India, seeing how it has taken off in the last few years.
Sriramula
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