Micromax ties up with CynaogenMod, unveils'Yu' brand for youth

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Country's second largest smartphone maker
Micromax today unveiled a new range of
devices under 'Yu' brand, focussed on the fast
growing segment of tech enthusiasts.

A subsidiary of Micromax, Yu Televentures, has
partnered Cyanogen to offer customised user
experience to end users.

The first handset will be launched next month.
Details of the device and pricing were not
disclosed.

"This will be a game changer not just in India
but globally too. Yu has been envisioned for
building an ecosystem of connected devices
and offer customized experience to users,"
Micromax co-founder Rahul Sharma told PTI.
The brand will engage directly with end users,
providing them with bootlegger access to help
them come up with software upgrades that
they want on their phones, he added.

Cyanogen operating system, built on Android,
is known for delivering rich software
advancements that optimize performance,
customization, security and privacy features on
mobile devices.

Asked if the brand will eat into Micromax's
market share, Sharma answered in the
negative.

"Yu is aimed at digital natives, tech
enthusiasts who want more out of their phones
and are constantly doing that," Sharma said.
There will be a forum for them to voice out
their ideas and those will incorporate in the
software updates that will be done every
fortnight, he added.

"The product will offer the best value for
money in the world. We will line up more
products in the coming days, which will be
sold through online channels," he said.
Yu is in discussions with e-commerce players
for selling the product online.

Apart from smartphones, Yu would also focus
on bringing other smart devices to the Indian
market, he said without divulging details.
According to research firm IDC, the
smartphone market in India grew at 84 per
cent year-on-year in the quarter ended June
2014 to 18.42 million units from 10.02 million
units (in April-June 2013 quarter).

Korean handset maker Samsung led the
smartphone market with 29 per cent share,
followed by Micromax 18 per cent, Karbonn 8
per cent and Lava 6 per cent.

Micromax ties up with CynaogenMod, unveils 'Yu' brand for youth
 
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Micromax has announced its latest
venture – an online brand YU – which
looks after building software and
services to offer users a customised
experience. In addition to this, the
big news is a strategic tie up with
Cyanogen Inc., the makers of
Cyanogen Mod ROMs for Android
phones. So Micromax will be working
to build its own layer of services into
the operating system.

The YU brand, owned by YU
Televentures is a wholly owned
subsidiary of Micromax Informatics
and products associated with it will
be sold online only. YU is being
targetted at the new age users and
we will be seeing YU branded devices
launching in India from next month
onwards.

Speaking about the Cyanogen
partnership, Micromax co-founder
Rahul Sharma said, “We strongly feel
that CYANOGEN is the right partner
to help us deliver a differentiated
experience in the mobile ecosystem,
we are together committed to
challenge the limits of possibility and
create a new world.”

Kirt McMaster, CEO of Cyanogen
added, “We’re excited about this
partnership as we share a common
vision around a powerful user-
focused mobile experience.

Micromax and Cyanogen have been
in dialogue for the past one year,
under the Project Yureka. Project
Yureka was conceptualised to engage
directly with consumers and bring
innovations that solve consumer
problems, not just software or
hardware upgrades and is taking the
shape of a new brand YU.

Next month will also see the launch
of OnePlus One, which ships with
Cyanogen Mod CM11s ROM. It is a
5.5-inch full HD phone with
impressive specs and powerful
performance. We had reviewed the
OnePlus One and were quite
impressed with the overall package.

Micromax has been known to offer
customers affordable phones. If it
manages to come out with a device
having killer specs with Cyanogen
Mod ROM on it, OnePlus One may
face some heat considering the
distribution channels and methods of
both companies are quite different
and Micromax has a better brand
recall value in India as compared to
OnePlus.

Micromax introudces Yu: A new sub-brand for Cyanogen-based handsets Tech2 Mobile
 
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