Samsung Electronics to launch Tizen smartphone in India: Report

By: |
Seoul | Updated: Dec 11, 2014 12:55 PM

South Korea's Samsung Electronics Co Ltd plans to launch a new sub-$100 smartphone running...

Samsung Electronics Co Ltd plans to launch a new sub-$100 smartphone running on its own Tizen operating system in India later this month. ReutersSamsung Electronics Co Ltd plans to launch a new sub-$100 smartphone running on its own Tizen operating system in India later this month. Reuters

South Korea’s Samsung Electronics Co Ltd plans to launch a new sub-$100 smartphone running on its own Tizen operating system in India later this month, South Korea’s Maeil Business Newspaper said on Monday.

The paper, a local business daily, said Samsung will hold a press conference on Dec. 10 to launch its first Tizen smartphone, to be called the Z1. A Samsung Electronics spokeswoman declined to comment.

Samsung had initially planned to launch a Tizen smartphone in Russia in the third quarter but scrapped the plan. The firm said at the time that it wanted to further enhance the ecosystem behind Tizen. Only a handful of devices, including the firm’s smartwatch products, currently run on the platform.

The majority of Samsung’s mobile devices are based on Google’s Android platform. The South Korean firm’s push to develop its own operating system is part of efforts to reduce dependence on the U.S. firm, but delays in product launches have undercut expectations.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Google announces best games, apps of 2020; details inside
2Paytm waives charges on merchant transactions; to absorb MDR of Rs 600 crore
3Money laundering case: Court refuses bail to Deepak Kochhar