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Qiku, a joint venture between Qihoo 360 Technology and China's Coolpad Group, has said that it expects to sell one million units of Qiku branded smartphones in India in its maiden year as it forays into the heavily contested domestic smartphone market.
The company has launched its first device, Qiku Terra 808, priced at Rs 19,999 onwards in India.
"India is a very important market. While the Chinese market is somewhat flat now, the Indian market is still on a growth curve. We have a differentiated offering and in the first year, we hope to sell...