Ex-Apple CEO Sculley launches smartphone brand - CNBC

Obi phones are currently available in India and the Middle East, and will be sold in Singapore via e-commerce site Lazada on November 11. The company aims to complete the rollout of its brand in the rest of Southeast Asia, Eastern Europe, Africa and Latin America by mid-2015.


Launch timing 'perfect'


Obi's launch comes amid intensifying competition in the smartphone market, but Sculley says the timing couldn't be better.


"The reason we're excited about Obi is that right now in emerging markets around the world smartphones are seeing very high growth adoption [as consumers] go from feature phones to smartphones," he said.


At the same, the technology for mobile devices is becoming commoditized, so the ability to offer high quality products at a very affordable cost "has never been better than it is right now," he said.


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Analysts aren't quite as convinced on the timing, however.


"I would have been more confident a year ago, if they had come with the same strategy. Now there are many options available at [a similar] price point, and consumers are spoilt for choice with options available from local, global and Chinese players in the market," said Kiranjeet Kaur, senior market analyst at IDC Asia/Pacific.






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