NEW DELHI: Tecno Friday said it has commenced the manufacturing of its first foldable smartphone, the Tecno Phantom V Fold 5G, in India at its Noida facility.
According to a statement by the brand, its Noida facility at present can produce 24 million units of phones annually. The Phantom V Fold 5G smartphone will launch on April 11 in India, and early-bird sales will start on April 12, as per the statement.
"Tecno is offering an-early access to Phantom V Fold to the initial users on Amazon, for Rs 77,777. The offer is applicable only for limited stock," the statement said.
The brand said it is looking to serve the mid-to-premium segment by creating a "robust and versatile product portfolio" for customers in tier 1 and tier-2 markets.
"Having built a strong foothold in the mid-to-high segment and continued innovation in the premium segment with the launch of the Phantom X2 series, we are now focused on ultra-premium space with the entry in the foldable category. This year, we are aiming to build a robust portfolio in this segment with multiple launches scheduled under the Camon & Phantom series," said Arijeet Talapatra, CEO, TECNO Mobile India.
The Phantom V Fold is India's first foldable smartphone to be powered by MediaTek's Dimensity 9000+ processor, Tecno claimed.