Japanese tech major Panasonic expects a revenue of Rs 2,000 crore from its smartphone business this year as it revamps operations by launching new devices and undertakes aggressive marketing. The company plans to launch as many as 28 devices this year, priced in the range of Rs 6,000 to Rs 20,000.
“We ended our partnership with Jaina in April and are now pursuing the smartphone business on our own. last few months have been spent on preparing for the launch and now we are ready to bring in the best products for Indian customers,” Panasonic India Business Head Mobility Division Pankaj Rana told PTI.