The Economic Times has reported that Salman Khan is all set to enter the smartphone business by launching high-end mobiles, named 'Being Smart' and is looking out for investors and scouting for a factory in China to assemble the devices. The phones will be priced around 20,000 Rupees and will compete with Xiaomi, Oppo, Lenovo and Vivo in the same market price range. The specifications of the phones have not been revealed.
Salman Khan is building a robust team to drive the technology aspects and is looking to poach senior officials from large mobile phone companies to join his team. It is also reported that Salman has selected a Chinese factory which will assemble the phones and we'll have to wait and watch for an official confirmation.
Executives revealed that Salman had contacted several mobile companies two years ago but they backed out due to high royalty charges. He said, "But this time, Salman is himself driving the show and searching for an investor. He expects to launch the devices in the next two quarters and definitely before the festive season."