August 7 2019: Leading global smartphone brand Coolpad, says it will be first in India with a 5G phone -- as soon as the required network is in place.
Coolpad India has already filed over 800 patents in the name of 5G. It has also been granted 120 device-to-device 5G patents which puts the brand in the position to gain an early-mover’s advantage as far as 5G technology is concerned. The brand is in discussions with Qualcomm and Mediatek on the integration of 5G technology in its smartphones.
Says Fisher Yuan, CEO, Coolpad India: “Since its inception, Coolpad India has aimed to satiate the needs of the value-conscious Indian consumers who expect remarkable specifications at budget-friendly prices. In line with our constant endeavour to exceed customer expectations that we have accelerated the development and launch of our 5G ready devices in the country. Depending on the readiness of the 5G network in India, we are aiming to launch these devices early next year.”
Coolpad has recently launched the Coolpad Cool 3 Plus smartphone that features an MT6761 (Helio A22), Quad Core 2.0 GHz Clock Speed coupled with 3 GB RAM, and a 5.7” Dewdrop screen. The company has been operating in India since 2007, having starting operations as a vendor of CDMA handsets to Reliance. It became an original device maker (ODM) for some local brands before entering the Indian market as a standalone brand during 3G to 4G transition. The brand further aims to invest $500 million in India in the next five years to strengthen its presence and to take on its rivals in the 5G landscape. Coolpad Launched the world’s first CDMA/GSM dual-mode, dual-standby smartphone.
Born in 2003, Coolpad's parent company Yulong Coolpad was established in 1993 in Shenzhen, China. With over 13,000 patents in the field of innovative technology including "Dual-mode and Dual-standby Technology”, Coolpad has also been awarded the top science and technology award in China. TrendForce ranked Coolpad as the 6th largest global smartphone OEM during the 2nd quarter of 2013, beating out stiff competition like LG and Nokia and also being listed in China’s Fortune 500 for the first time ever.