Wikiwand AI

LYF

Line of consumer electronic smartphones from Jio From Wikipedia, the free encyclopedia

Jio LYF (pronounced "life"), also known as LYF, is an Indian brand of smartphones, laptops, consumer electronics developed by Jio and headquartered in Mumbai, Maharashtra, India. It manufactures 4G-enabled VoLTE smartphones which run on Android.[1][2][3] It is a subsidiary of Jio, the telecommunication arm of Reliance Industries.[4]

FormerlyReliance LYF
Industry
Founded2015; 11 years ago (2015)
Quick facts Formerly, Type ...
Jio LYF
FormerlyReliance LYF
TypeSubsidiary
Industry
Founded2015; 11 years ago (2015)
FounderMukesh Ambani
Defunct2019; 7 years ago (2019)
Headquarters
Mumbai, Maharashtra
,
India
Area served
India
Key peopleMukesh Ambani
Products
OwnerReliance Industries
ParentJio
Close

According to Counterpoint Research, LYF was the fifth largest smartphone player and second largest LTE phone supplier in India in 2016.[5][6][7]

History

LYF was established in 2015 by the telecom operator, Jio. Marketed closely along with Jio's 4G services, smartphones under the brand were slated to launch in November 2015.[8] In January 2016, it launched its first set of 4G-enabled smartphones named after the four classical elements: Earth, Flame (Fire), Water, and Wind.[9][10]

Market

In May 2016, international market tracker Counterpoint Research reported that LYF had become the fifth-largest smartphone producer in the Indian market, capturing a 7% share in the January–March quarter of the financial year 2015-16. It was the second-largest LTE phone supplier after Samsung, surpassing Micromax and Lenovo during the quarter. "In first quarter of its inception, LYF instantly climbed to become one of the top five smartphone brands in India in terms of shipment volumes," Tarun Pathak, senior analyst at Counterpoint said in the report.[5] Reliance Digital had shipped around 1.7 million LYF branded smartphones in the first quarter of 2016.[6]

Products

An image of LYF WATER 2 phone with IPS display[11]

In October 2015, LYF tied up with another domestic handset maker Intex to supply 4G handsets enabled with voice over LTE (VoLTE) feature.[12] In January 2016, it launched its first set of smartphones - LYF Earth 1, LYF Water 1, and LYF Water 2.[13][14][15][16]

Production

LYF smartphones are manufactured by ZTE, Intex, as well as ODMs like CK Telecom Limited, Wingtech, and Wiko. As of early 2016, it has been reported that 600,000 smartphones have been supplied to LYF by ZTE.[17]

Distribution

LYF phones are directly sold through its retail outlets.[18] In February 2016, LYF tied up with app-based delivery service Grofers and online retailer Amazon to deliver its phones to users.[19][20]

References

Related Articles

Timelines

Top Qs

Fact Checks