New Delhi: Reliance Industries Limited (RIL) is all set to host its 44th Annual General Meeting (AGM) on June 24 (Thursday), leading to discussions among Jio customers, company shareholders and investors.
RIL chief Mukesh Ambani is expected to come up with a slew of announcements that show how the oil-to-telecom conglomerate is redoubled its efforts to become a tech-first brand. Read also: Twitter India MD Manish Maheshwari to appear before Ghaziabad Police on June 24
Here are the top 5 expectations:
1. Jio 5G Smartphone
It is no secret that Google and Reliance Jio are working on an affordable 5G smartphone that could be officially revealed at the annual meeting to be held tomorrow. Jio may inform investors and shareholders along with the likely price and timeline of the upcoming smartphone.
The Android-based smartphone is expected to help Reliance Jio bring over 200 million 2G feature phone users to 5G technology. The device is expected to be launched at a price of around Rs 4000.
2. GeoBook Announcement
Reliance Jio is rumored to be working on a low-cost laptop that could be named JioBook. The upcoming device is expected to run on Android OS. Qualcomm’s 11-nm Snapdragon 665 chipset can power the laptop which can be launched with 4G connectivity feature.
3. JioPhone 3 Launch?
It is expected that Reliance Jio can launch an upgraded version of its popular JioPhone. The affordable feature phone with 4G connectivity didn’t get the update last year. So it is likely that a possible upgrade could be seen in 2021.
4. More Clarity on JioMart-WhatsApp Integration
Apart from Google, Facebook is also among the major investors who have invested billions of dollars in Jio Platforms, the digital arm of RIL. Taking the partnership forward, Ambani is expected to announce how JioMart’s integration of WhatsApp is going for both the companies.
5. Update on Saudi Aramco Investments
One of the most significant announcements that investors and shareholders have listened patiently is Saudi Aramco’s investment in Reliance’s Oil to Chemicals (O2C) business. The deal was first announced by Ambani in August 2019, but was delayed due to the pandemic. Read also: Apple iPhone 13 launch date out? Check out the expected price and everything we know so far!
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