Vivo has recently made a major announcement of it planning to enter the smartphone market. The company is planning to launch its products in the mid of 2017. Reportedly, the company will decide to arrange a mega event in the June 2017.

Vivo Chinese-based multinational that manufactures and design smartphone, mobile accessories, online services and software. The company started its operations back in 2009.

It is important to note that with increasing Chinese products flowing into the market, not only the issue of saturation is arising but also a predictable price-war has started in the industry.

Vivo operates at 16.7% market share in China, thereby, we expect it to have strong presence among competitors after launching in June.