HFCL to produce 3G CDMA handsets

Posted on | September 26, 2006 |

Qualcomm has announced the granting of a 3G license to HFCL for the development, manufacture and sale of CDMA2000 handsets and modem cards.

HFCL will manufacture CDMA handsets in its factories in Chennai and Himachal Pradesh. The indigenously manufactured handsets will hit the market by January 2007.

The size of the CDMA handset market is expected to be to the tune of Rs 5,000 crore in India during the current financial year. LG and Samsung are the largest suppliers of CDMA handsets in the country today.

Mahendra Nahata, Chairman, HFCL Group:

“There are currently more than 36 million CDMA subscribers in India and the Indian wireless market has grown ten-fold in less than five years…

“We will manufacture close to 4m handsets during ‘07-08 and this will have an impact to the tune of Rs 600 crore to Rs 800 crore on our revenues.

Category: 3G

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