 "Reliance Jio in talks with Flex, UTL for ultra-low cost smartphone")
Reliance Jio is in talks with Singapore-based electronics company, Flex, and home-grown UTL Neolnycs (makers of Karbonn mobile phones), amongst others, to make them contract manufacturers for its new, ultra-low cost android smart phone named Jio Next, according to sources.
Mukesh Ambani in his AGM speech recently, announced that the smart phone would be launched on September 10. If the discussions with Flex and UTL Neolnycs fructify, the phones would be made in India, as both the firms have plants in various locations in the country.
A Flex spokesperson declined to comment on the matter, and a query to Sudhir Hasija, chairman
