Qiku aims 1 million handset sales in India
A joint venture between
Qihoo 360 Technology and Coolpad Group, brand Qiku expects to sell one million units of smartphones in India.
The company has launched its first device, Qiku Terra 808, priced at Rs 19,999 onwards in the maiden year in India.
The JV sees India as one the top target market for overall brand growth.
The company also plans to expand its product portfolio in India in the coming months.
One of China’s largest mobile phone maker Coolpad, holds a marginal stake in the venture.
Earlier this year, Coolpad had launched a sub-brand of Qiku called ‘Dazen’ in India.
The device features dual 13MP cameras on the rear, one sensor captures colour while the second one is black and white sensor.