Chinese mobile chip company working on tech to build Rs 1,500 4G phone: Reports

A Chinese mobile chip making company has said that it will soon launch an affordable 4G mobile phone.

As per reports in The Economic Times, the company called Spreadtrum Communications "is working on reducing starting prices by at least half from the current levels".

The company is reportedly working on a technology that makes a Rs 1,500 4G feature phone viable. It has "already started concept promotions" to its partners, the ET said.

Spreadtrum Communications, which is in a two-year old partnership with Reliance Industries, powered its affordable LYF Flame 5 smartphone.

It has also powered Lava M14G-enabled feature phone.