3G Phones Face Quick Decline, Companies To Only Produce 4G Handsets

With the prices of 4G smartphones plunging and plans by large manufacturers to completely withdraw from making 3G phones in six months, it would seem that the third-generation smartphone is headed for a quick exit in India. The Economic Times reports that according to four senior industry executives, Samsung, Oppo, Vivo, Lenovo-Motorola, HTC, Micromax and Panasonic have decided that they will now launch only 4G smartphones, while some of them are even clearing out their 3G handset stocks. According to retailers, demand for 3G phones has been declining over the past two or three months, in the run-up to the launch of services by Reliance Jio.

Further, Manu Sharma, vice president (mobiles business) at Samsung India, said sales of 4G devices are picking up because there is already a large base of smartphone users using 3G/2G smartphones

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