Karbonn Mobiles, the third largest smartphone vendor in India plans to foray into the Indian wearable devices market.
Over the next year, the company plans to introduce one or two smart devices targeted at the wearable segment. Besides, tapping potential business opportunities offered by an emerging wearable devices market, the company is targeting 20 per cent share in the Indian smartphone market during the next financial year.
The company is targeting sales turnover of over Rs 45 billion in 2013-14. Karbonn Mobiles plans to launch 4G-enabled smartphones in partnership with Taiwan-based chip maker, MediaTek in the fourth quarter of 2014.
In addition, the handset manufacturer is also in the process of expanding its service centre network by adding another 100 service centres to its existing network of 870.
