Automotive giant Geely will produce smartphones

Volvo and Llike grass Incorporating brands that have made a name for themselves in the automotive industry, geelywill produce smartphones. One of the biggest reasons for the company, which includes many automobile brands, to enter this sector is its in-vehicle systems. customize want.

In addition, the company has already announced its ambitious sales figure. Especially in the Chinese market It looks like we will watch an automotive giant join this caravan while there are too many smartphone manufacturers.


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Geely plans to launch a smartphone in 2023

Things may get even hotter when Geely joins the already highly competitive Chinese market. According to the company’s chairman, Eric Li, Geely’s new subsidiary will produce phones, not cars. Premium first year in the market target called segment 3 million sales is aimed.

According to a company with no experience in the smartphone industry sell 3 million phones big target. But Geely already has a web of trust. If they offer high-end features at a good price, they can hold on to the Chinese market.

The company’s secondary purpose of automobile brands in-vehicle systems customize Automobile companies, including Volvo, outsource their in-car systems to other companies. This means that the company spends more money than its own production.

We wonder how an automotive giant will perform in a market it has no previous experience with. There is still a lot of time to 2023, what kind of a company is the company? development process We are wondering if you will follow.

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