HOME > CONSUMER > LeTV Le 1s overtakes K4 Note as India’s largest selling 4G phone of 2016

LeTV Le 1s overtakes K4 Note as India’s largest selling 4G phone of 2016

LETV-LE-1S

LeEco said the total number of orders received for its LeTV Le 1s smartphone has reached 2.2 lakh at the end of the third flash sale today.

A total of 65,000 units of the phone were ordered in a matter of 9 seconds today on Flipkart.

However, this does not mean that the company has sold 2.2 lakh units in India so far, because under the system that Flipkart has deviced, buyers need to pay for their purchase only after a few hours of placing the order, or when the order is actually delivered.

This means that a lot of people change their minds after clicking on purchase, resulting a lot of phones remaining unsold despite orders being placed for them.

Therefore, the total number of phones sold is likely to be around the 2 lakh mark, assuming an order cancellation rate of 10%.

However, this still means that the phone has now matched, and very possibly overtaken the Lenovo K4 Note as the biggest selling 4G phone in India this year.

Lenovo was just getting started with the sales of its K4 Note in the country when LeTV announced its entry. Lenovo had seen 1.8 lakh orders of K4 Note through the flash sale route till last week.

Assuming the same cancellation rate of 10%, total sales of the phone are likely to have been around 1.6 lakh.

This week, the company decided against holding another flash sale of 40,000 units and instead started selling it to anyone who wants to buy it since yesterday. It is still available for purchase on Amazon, indicating that demand has certainly been hit by the launch of its new competitor.

The key difference between K4 and LeTV 1s is in the processor, and to some extent in the overall build. The 1s has been crafted as a ‘near flagship’ model, while the K4 has been designed as a mid-range phone.

So the LeEco model comes with Helio X10 processor, which is about 60% more powerful than the MediaTek MT6753 found inside the other model.

However, both the smartphones will come under pressure when Xiaomi unveils its Redmi Note 3, which will come with native 4G voice support — something that is lacking in both these models.

Another model that will come with built-in support for VoLTE calling is Lenovo Lemon 3,  which should hit India end of this month or early next.

In addition, Reliance LYF will also unveil freebies that it will give along with its phones next month, which will further increase competition and customer choice in the LTE market.

Follow ULTRA.news
SBI waives processing fee on car loans till Dec State Bank of India, India's largest commercial bank, has waived processing charges on car loans till the end of the year, while halving the charge on some personal loans till Sep 30.The bank did not specify the new rates.It already has zero processing fees when someone t...
Xiaomi sells half a crore Redmi Note 4 so far Even as attempts are made to lower the consumption of Chinese products in India by a section of the population, Xiaomi said it has sold 50 lakh units of Redmi Note 4 smartphone in India in six months.A total of 100 mln smartphones are expected to sell in India in 2017, and go...
Yes Bank launches impulse buying app ‘Tap To Shop’ Trying to differentiate itself from regular ecommerce websites and apps, Yes Bank has launched an impulse buying app known as Tap To Shop.Unlike regular online shopping apps, Tap To Shop will be focused exclusively on delivering deals that are not available at most times. The...
India achieves only 14% of rooftop solar power target Even as India more or less sticks to the target on adding large solar farms under its ambitious Solar Mission project, the other leg of the plan -- rooftop solar -- remains woefully behind target.Under the solar mission, India is supposed to have put in 5,000 megawatt of sola...
Is the Reliance Jio’s JioPhone really free? The latest entrant to India's telecom market, Reliance Jio, has announced an unprecedented offer -- a 4G enabled phone with support for apps and videocalling for free.According to Mukesh Ambani, customers do not have to pay anything for the phone as the cost of the phone will...
WATCH HERE: Mukesh Ambani speech on Reliance Jio at AGM today Mukesh Ambani, chairman of Reliance Jio will make a 'significant announcement' about the 4G wireless service provider's offerings at 11 AM on Friday while delivering his annual speech at its parent's annual general meeting.A live webcast of Mukesh Ambani's speech at the AGM, a...
BSNL halves 2Mbps unlimited plan to Rs 599 from 1,199 Faced with a slowdown due to the emergence of the pan-India competitor Reliance Jio, state-owned Bharat Sanchar Nigam Ltd has halved the price of its unlimited 2 Mbps DSL broadband plan to 599 per month.BSNL NEW UNLIMITED BROADBAND PLANThe player was earlier offering unl...
Reliance Jio to offer 5 GB/day for Rs 999 per month Users of the JioFi, the personal hotspot device from Reliance Jio, will be able to get a new plan that takes the free data offered per day to 5 GB.At present, the highest amount of free data that any user on the 4G service can get is 2 GB, for a payment of around Rs 500 for 2...
SpiceJet enters offline retail, offers free tickets to Goa, Bangkok Airline SpiceJet said it has opened its first physical store under its new ‘SpiceStyle’ retail brand at Galleria Mall in Gurgaon, near Delhi.The launch of its first physical store marks SpiceStyle’s entry into the offline segment besides its ecommerce portal and a brand sto...
Etihad Airways, Abu Dhabi offer free hotel stay to boost tourism In an effort to boost tourism in its home town of Abu Dhabi, government-controlled Etihad Airways announced a set of freebies and packages for passengers transiting through the Gulf city.The biggest freebies are for first class passengers. They will get two free nights at an...
SpiceJet enters e-commerce business with Amazon SpiceJet, arguably the most aggressive low-cost carrier in India, has entered the e-commerce business with a new venture named 'SpiceStyle!' and also tied up with online giant Amazon.SpiceStyle.com mostly offers fashion itemsProducts from the company will be available vi...
SpiceJet starts UDAN services starting at Rs 2,250 SpiceJet, which was the most aggressive in pursuing the affordable airfare plan called UDAN, today started its services under the scheme.The airline started flights on the Mumbai-Porbandar route with at Rs 2,250 including all taxes and levies, while the fare on the Mumbai-Ka...
Reliance Jio launches extra data offer on some LYF handsets Reliance Jio, the 4G operator is now offering 20% extra data to those who are using its services using a LYF branded handset.Jio offers 20% extra data on certain LYF modelsIn other words, if you are eligible to get 1 GB of data per day, you will get 1.2 GB per day on a L...
Xiaomi to launch Redmi Note 4X in India this Friday? Chinese smartphone maker Xiaomi indicated that it is going to launch the Redmi Note 4X, the slightly modified version of the 'non-X' model, in India on Friday.64 GB Redmi 4XIt released a teaser video indicating the launch (see below).The model was launched in China i...
Samsung Galaxy J2 beats Redmi Note 3 & 4 as most popular smartphone in India Samsung J2 is the most widely used smartphone in IndiaThe humble Samsung Galaxy J2, launched two years ago, is the most widely used smartphone in India, beating hot-selling models like Xiaomi Redmi Note 3 & 4 CyberMedia Research said.Samsung J2 is the most widely used smartp...
SpiceJet announces anniversary sale starting at Rs 12 SpiceJet announced its ‘12th Anniversary Sale’, offering one-way base fares starting as low as Rs 12 plus taxes for travel on its domestic and international network. "The starting base fare of Rs 12, excluding applicable taxes and surcharge, is applicable on all direct do...
Xiaomi at No.2, overtakes Vivo, Oppo in Indian smartphone market Xiaomi has emerged as the second biggest smartphone brand in India after Samsung as its smash hit Redmi Note 4 broke sales records, according to market share numbers for the first three months of the year.The numbers also revealed that for the first time in eight years, t...
Redmi 4: Has Xiaomi forgotten the value-for-money proposition? Xiaomi today launched the Redmi 4 -- its 'entry level' model with a 5-inch display, but a deeper look at the phone's pricing reveals that the company may be moving away from its initial positioning as a value for money brand.At first glance, the device appears to be a true-bl...
AirAsia offers 15% off to Reliance Jio customers AirAsia said it will offer a 15% discount to all customers of Reliance Jio for flights booked this month for travel between Jun 20 to Sep 30."All Reliance Jio customers get 15% off on domestic and international flights," the airline tweeted.The booking has to be done us...
Micromax Evok Note is no competitor for Redmi Note 4 Micromax Evok NoteMicromax has unveiled an online-only, affordably priced mid-range phone in the form of Evok Note, and comparisons are already been drawn between the 5.5-inch phone and the highest-selling phone of 2017 - Xiaomi Redmi Note 4.While the two phones do indeed ha...
Reliance Jio launches Dhan Dhana Dhan offer with three times validity as Summer Surprise Reliance Jio is all set to relaunch its earlier 303 and 499 plan, but with three-times the earlier validity, according to sources.This would help it side-step issues around continuing with free services.UPDATE: The new offer will be called Dhan Dhana Dhan and will have ...
Reliance Jio Summer Surprise plan capped at 1GB/day till Apr 15 Many of those who were looking forward to using more data per day than the 1 GB allotted to them under Reliance Jio's Happy New Year scheme are likely be disappointed as it looks like the 1 GB cap will remain under the Summer Surprise offer as well.Even those Prime Members wh...
Reliance Jio allows ‘queuing’ of 303, 499 recharges for 1 year Buy One, Get One offer valid till Mar 31With on four more days remaining before the start of paid services on Reliance Jio, India's largest telecom operator by volume, the company has urged its sales agents to promote the idea of 'queuing' up recharges for a year."We hav...
BSNL offers 30GB 3G data for Rs 549, 14GB for Rs 291 BSNL flyer for its 2GB/day offerBharat Sanchar Nigam Ltd is now offering 30 GB of 3G data with a validity of 30 days for Rs 549 rupees under a promotional scheme till the end of the month.The scheme is intended to coincide with similar freebies announced by new entrant R...
BSNL offers 2GB/day + free calls for Rs 339 per month Bharat Sanchar Nigam Ltd, the state-owned telecom services provider, has launched India's cheapest daily-data pack at Rs 339 per month.For the amount, users will get 2 GB of 3G data plus 25 minutes of free calls per day.The closest tariff plan to this offer is from Re...