In a significant move towards the future of connectivity, Reliance Jio, the telecom giant, has announced a strategic partnership with smartphone maker OnePlus to establish a cutting-edge 5G Innovation Lab. The collaboration aims to be a hub for developing innovative technologies in the 5G space, allowing for the testing of new features and the expedited implementation of services for end-users.
OnePlus, in a statement, emphasized that the partnership marks a bold step towards redefining the 5G landscape in India. The 5G Innovation Lab is expected to unravel limitless possibilities for connectivity, offering users enhanced gaming, streaming, and an overall superior 5G usage experience.
A spokesperson from OnePlus commented, “This partnership signifies a bold step towards the future of connectivity, where innovation knows no bounds. Together, Jio and OnePlus India are set to redefine the 5G landscape in the country, providing users with a glimpse into the limitless possibilities that lie ahead.”
Jio’s spokesperson echoed the sentiment, stating, “It is time to unfold magical 5G experiences for our users, and this partnership with OnePlus is a step in that direction. Over the next few months, our users will experience superlative and enhanced gaming, streaming, and a better overall usage experience of 5G.”
This collaboration follows Reliance Jio’s recent partnership with TM Forum to establish an Innovation Hub in Mumbai, focusing on scaling up the development of GenAI, large language models (LLMs), and open digital architecture (ODA). Additionally, Jio’s involvement with the Indian Institute of Technology (IIT)-Bombay for the ‘Bharat GPT’ program underscores its commitment to advancing technological solutions.
The OnePlus partnership is expected to facilitate seamless integration and rigorous testing of hardware with software, allowing Jio to leverage synergies with the Chinese smartphone maker. As Jio claims to account for 85% of 5G deployment in the country, this alliance will likely play a pivotal role in enhancing the overall 5G experience for users.
Jio Platforms, the digital arm of Reliance, has been witnessing robust financial performance. In Q3 FY24, the net profit jumped over 11% YoY to INR 5,445 Cr, with revenue from operations also showing a similar rate of growth, reaching INR 27,697 Cr in the quarter ended December 2023. BofA recently valued Reliance’s digital arm at an impressive $107 Bn.
