Google's Executive Chairman Eric Schmidt today said the day was not far off when a basic smartphone with a web browser and web-client apps would be available in the market at a price of around $50 (approximately Rs 2,700 at today’s exchange rate).
At a meeting with journalists here on Wednesday during his visit to India, Schmidt declined to reveal any further details on the stage of developing such a basic smartphone model, although he admitted that Google was always encouraging phone makers to produce cheaper sets with web-browsing features so that mobile-based internet penetration gets a further fillip.
Schmidt is in New Delhi to speak at The Guardian's Big Tent Activate India event scheduled on March 21 in New Delhi.
The significance of the availability of a cheaper smartphone at that price is huge in India, where the share of mobile-based internet usage is as high as 25% compared to less than 15% globally. This share can go up manifold if smart phones with web-browsing facility can be made available at around Rs 2,700 a unit.