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Reliance Industries has announced to hold its 2nd virtual and 44th AGM beginning June 24. The company, in a letter, addressed to stock exchanges announced that it will live-streamed the entire Reliance AGM through JioMeet for shareholders and via the YouTube channel to the general public on YouTube.
Reliance, the country's most valuable company, like always will announce its new business ventures and unveil a lot of new products. It will announce the company initiative during the second wave of COVID and some spectacular number from the balance sheet. But the company highlight for the tech industry will be the Jio 5G phone, its plans for 5G rollout at the Reliance AGM and the company's affordable laptop - JioBook
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A notice by us on:
• date of next AGM (June 24, 2021)
• cut off date for determining eligibility of members voting on the resolutions/attend AGM (June 17, 2021)
• record date for eligibility on dividend in 2020-21 (June 14 2021)
For your kind support.#RILAGMpic.twitter.com/6nsGAizTay
— Flame of Truth (@flameoftruth) June 1, 2021
What all can possible be announced on 44th Reliance AGM?
Jio Phones and Smartphones range
At the last Reliance AGM, the company announced that Google has invested Rs 33,737 crores for a 7.7% stake in Reliance Jio. This deal included a plan to create an Android-based OS for affordable 4G and 5G smartphones in the future. Since the company already own another OS-KaiOS, it will likely call this one - JioOS.
Reports suggest that the Jio 5G phone will run on a different OS version for Android and will be among the cheapest 5G phones in the country. Early reports also suggest that the Jio 5G phone price in India would be as low as Rs 2,500.
About Jio 5G trials, spectrum and network
Last year, the company also announced that it has designed and developed a 5G solution from scratch. “This is a dedicate 5G solution to Prime Minister Narendra Modi’s vision of Aatma Nirbhar Bharat,” said Mukesh Ambani. The product was ready with a world-class 5G solution and the company announced field deployment snd trial possibility in 2021 upon the availability of spectrum.
According to a VoicenData report, DoT approved 5G trials with Ericsson, Nokia, Samsung and C-DOT. Bharti Airtel applied to conduct trials in Delhi, Mumbai, Kolkata and Bengaluru. Similarly, Reliance Jio applied for trials in Delhi, Mumbai, Gujarat and Hyderabad.
About the JioBook
The JioBook, which will run not on Windows, but Jio OS, comes with Qualcomm Snapdragon 665. Further, like our phones, it will come in two variants; one with 2 GB RAM and 32 GB of storage and 4 GB RAM and 64 GB of storage. The Jio Laptop will also have preloaded Jio Content like JioStore, JioMeet, JioPages, and Jio’s ad services.
Reports suggest that there are also several apps from Microsoft pre-installed, including Microsoft Teams, Edge, and Office. The laptop will probably come with a mini HDMI connector for video output, dual-band Wi-Fi, Bluetooth, a three-axis accelerometer and a Qualcomm audio chip. It is basically everything that our android phones have, plus the size of a laptop. Thus, what the laptop is, we probably will know at the Reliance AGM.