Dear Fellow Members
FY 2018 has been a year of transformation for Telecom Sector. World is changing fasterand the Rapid upheaval of technology and storming fast internet has led to enormous growthin the number of smartphone users in India to such extend that it has become secondlargest smartphone market in the world.The strong and rapid growth of the smartphonemarket has been made possible by several liberal policies of the Indian government alongwith huge consumer demand. Your Company has always been upbeat and swift in understandingthe needs of changing market and responding to them.
Believing the strong hold of smartphone market in India and dominance of Android baseplatform your Company signed an Exclusive licensing agreement with Blackberry by virtueof which Optiemus qualified itself to design sell promote and provide customer supportservice for blackberry android based mobile devices in India Sri Lanka Nepal &Bangladesh. Under such Agreement Company has launched four (4) blackberry devices viz. KEYoneKey2 Evolve and EvolveX.
Company's latest mobile phones BlackBerry Evolve and BlackBerry EvolveXbring together the power of Android & Security of BlackBerry reinforcingOptiemusInfracom's commitment to deliver innovation-driven power-packed smartphones tothe Indian consumers. Your company is constantly working to make cutting-edge technologyavailable to consumers at a competitive price point and expects to capture 10-12% marketshare of the Rs 25000-45000 smartphone segment.
The devices are being manufactured at world class manufacturing facility in Noidawhich your company has set-up with Taiwan's leading Original Design Manufacturer (ODM)M/s Wistron Corporation which indeed underlines the Company's focus to Make inIndia'.
Finally I would like to take this opportunity to acknowledge the dedication andcommitment of our board members employees and other associates whose commitment and hardwork helped deliver another successful year. I would also like to thank you ourShareholders for your continued support.