Key Points:
- The brand is targeting on 100% growth in hearable category in 2023-24.
- Gizmore is setting a target to sell 1 million audio devices and 1.5 million smartwatches in 2023-24.
- The company is planning to launch premium TWS.
Gizmore, the very popular gadget maker has officially announced a new collaboration with another Indian brand called Staunch Electronics India in the country and the partnership will expand its presence in the hearable and wearable categories.
The new partnership will help Gizmore to strengthen its market position and the company will be launching innovative and premium products in the market. With the new collaboration, Gizmore is targeting a 5% market share in the hearable and wearable category.
It is also revealed that Gizmore is planning to sell 1 million audio devices in 2023-24 and the company will be focusing on the truly wireless earphones category. The company has confirmed to launch 5-6 new truly wireless earphones in the coming quarter and the same will feature cutting-edge technology including Active Noise Cancellation (ANC) and Environment Noise Cancellation (ENC). The devices will be coming with an affordable price.
The upcoming Gizmore products will be offering amazing experiences to the customers and the same with also arrive with long lasting battery life as well. The company is also planning to bring around half a million smartwatches in the current financial year.
So let’s wait for the upcoming products of the brand and we would like to know your expectations in the comments section below. We recommend you to stay tuned with us for more updates from the world of technology.
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