Wow..Jio is giving you a 4G smartphone now!

New Delhi: Mukesh Ambani-led Reliance Jio has been making the headlines since the last six months for shaking up the telecom market by providing free data and calling services. The company also entered the smartphone market by introducing LYF smartphones. It appears like Reliance Jio is all set to introduce another low-cost 4G feature phone with useful specifications.

It was reported earlier this year that Reliance Jio is planning on launching a new 4G VoLTE-enabled feature phone that will apparently be priced around Rs 999. The device was widely expected to come in support for the company’s high-speed 4G internet, Reliance Jio digital store and Play music.

According to recent media reports, the Chinese mobile-chip maker Spreadtrum Communications had already started work on reducing the prices of the phone by at least half the rate. Currently, 4G feature phones are priced around Rs 3,000. If what the company said will actually work out, then the feature phones would actually start at a price of Rs 1,500.

Spreadtrum Communications and Reliance Industries Ltd have a two-year-old partnership wherein the Spreadtrum is responsible for powering the Reliance's Android-enabled smartphones including the LYF Flame 5.

Moreover, it is further reported that Reliance Jio is also in talks with other Chinese contract manufacturers such as Techchain FortuneShip and Uniscope.

Currently, the market is flooded with 4G feature phones by Lava and Micromax, which start at Rs 3,000.