Sirin start-up, which is British Israel startup has planned to sell a mobile phone from next month, which will offer users an unique level of technology and security, and retail for close to $20,000.
The start-up Labs AG told that they had raised $72 million from private funds in order to launch the device, and they aim to open its first shore, in London’s Mayfair, in May.
The co – founder said that their smart phone will offer the most advanced technology available – even if it is not commercially available – and will combine it with high – grade security , which ensure the privacy of our customers.”
The phone will cost less than $20,000, which has an Android operating system, and it will run otherwise unspecified technology two to three years in advance of the mass market.
Ultra high security phones for Executives
Hogeg said that, their start-up has a belief that many people in U.S and Europe will be ready to pay this price, since the cost of being hacked is much more expensive in terms of data loss.
They had put the value of the global luxury phone market at about $1.1 billion, a fraction of total mobile phone sales. Most top end phones sold are more for status – regular phones with gold and diamonds.
They believe that their high- end technology phone along with the maximum security for the users will definitely attract the customers.
