Reliance Jio is India’s largest telecom operator and has managed to get onboard more than 340 million users within a span of three years. Launched in 2016, the company revolutionized 4G connections in the country and offered dirt-cheap plans to attract subscribers.
Now that the company has conquered the wireless market, it aims to establish supremacy in the fixed-line segment. It announced the launch of its fiber-based broadband service offering minimum internet speed of 100 Mbps for INR 699 (US$ 9.75) a month, a rate significantly lower than the rivals.
Dubbed “Jio Fiber”, the service will offer free voice calling anywhere in the country, unlimited data and video conferencing.
In a bid to attract users and make them use bandwidth, they’re handing out TVs to hook users on movies and entertainment shows via internet. Lifetime subscribers get a 4K set top box for streaming TV channels, while a 4K television set would be complimentary with plans with higher payouts such as ‘Gold’ and above.
Jio is offering complementary TVs to annual subscribers of broadband plans in the range of INR 2,499 to INR 8,499 (US$ 35 – 120). The company is also offering television set on two-year subscription of gold plan priced at INR 1,299 (US$ 18) per month.
Jio Fiber Platinum and Titanium plan users will also get access to Jio VR platform, Jio First-Day First-Show movies service, and special sports content.
To get a new connection, a one-time charge for installation will be applicable — INR 2,500 (US$ 35), out of which INR 1,500 will be the refundable security deposit for the Jio router. Rest will be non-refundable.
Instead of relying on hardware sales for revenue, the company is making internet bandwidth its main selling point. Higher data consumption translates into better revenues, indirectly covering up the cost of providing complimentary hardware.
Netflix co-founder Reed Hastings steps down as CEO
Names new successor
Netflix’s 2022 was rocky, to say the least. After dropping long-time subscribers for the first time in a while, the streaming platform has resorted to a variety of strategies to entice users to stay. While only a few of the new initiatives have resulted in positive change, the company is still on its uphill climb to regain its position atop other streaming giants. Now, Netflix is moving towards more drastic changes.
As revealed by the platform’s quarterly earnings, Netflix co-founder Reed Hastings has stepped down as co-CEO of the company. However, Hastings will not completely leave the company. Instead, the co-founder will assume the role of executive chairman, leaving Ted Sarandos and the newly appointed Greg Peters as co-CEOs.
Currently, neither Hastings nor Netflix has revealed why the former is stepping down from the position. Of note, the platform even posted a growth in subscriber count for the past quarter. Netflix added 7.7 million new subscribers, eclipsing a projected growth of only 4.5 million subscribers. At the very least, Hastings has confirmed that he wants to work on share value and philanthropy going forward.
Last year, Netflix added new ways for users to engage with the platform. Now, besides watching movies and series, subscribers can play a gallery of mobile games. Users can also avail themselves of cheaper subscription plans supported by ads.
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Apple is preparing to open its first stores in India
Based on new job listings
For one of the largest smartphone markets in the world, India is one of the rarer countries where Apple does not outright dominate. Undoubtedly, the company is trying to change that. Ongoing job listings in India are suggesting that Apple is ready to open its first brick-and-mortar store in the country.
First reported by Financial Times, Apple has posted job openings in India for several retail roles including for the iconic Genius Bar. Another clue even indicates that some spots have already been filled ahead of time. A few employees in the country have reportedly posted about their new jobs on LinkedIn.
Unfortunately, none of the job listings show how many stores are planned and where they will be. Narrowing things down by a bit, a few of the confirmed employees are from Mumbai and New Delhi. The report also does not indicate when the stores will open. However, since a few have already been hired, a grand opening might be coming soon.
Apple has a lot to gain by strengthening its foothold in India. The country is an important stronghold for smartphone companies. However, the company might find things harder as time goes by. The country recently dictated that brands must switch to USB-C if they want to sell their devices in India. All over the world, Apple remains the last stalwart against adopting the more universal standard.
Samsung hires Mercedes-Benz alum to head design team
Will handle Galaxy S, Galaxy Z, among others
Outside of the arms race of maximizing hardware, another important battle is the persistent evolution of design. A friendly and approachable design just adds the necessary pizzaz to make an otherwise bland device pop off the shelves. Pushing the next evolution of design for the brand, Samsung has hired a Mercedes-Benz alum to head its Mobile eXperience Design Team.
Today, Samsung has announced the hiring of Hubert H. Lee as the head of the MX team, which handles Samsung’s most popular designs. Formerly, Lee was the chief design officer of Mercedes-Benz China. During his tenure as the carmaker’s designer, Lee spearheaded several projects in both China and the United States. He also bagged awards at his former position.
Now, as part of the Samsung MX team, Lee is in charge of the designs of the Galaxy S, Galaxy Z, and Galaxy Watch series. Given the timing of Samsung’s usual product cycles, Lee’s contributions will likely affect the Galaxy S24 series, rather than the upcoming Galaxy S23 series. Samsung is already pegged to launch the next flagship series sometime in early February.
Still, a new design head sparks some optimism for the South Korean brand. The effect of brilliant design is remarkably palpable for tech companies. For example, Samsung’s primary rival Apple still relies heavily on the contributions of its former design chief, Jony Ive.
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