Upmarket toaster maker Balmuda launches smartphone in iPhone-dominated Japan

Balmuda CEO Gen Terao holds the company’s new smartphone at a news conference in Tokyo, Japan November 16, 2021. REUTERS/Sam Nussey

TOKYO (Reuters) - High-end Japanese toaster maker Balmuda Inc unveiled a stripped back smartphone on Tuesday, aiming for a toe-hold in a market dominated by Apple's iPhone.

Chief Executive Gen Terao said at the launch event that the 5G enabled Android device is expected to contribute 3 billion yen ($26 million) to Balmuda's sales in the current financial year.

The "Balmuda Phone" costs 104,800 yen ($920) and has a small 4.9 inch screen and a curved back.

It is built by industrial ceramics firm Kyocera Corp and offered by wireless carrier SoftBank Corp, which first brought the iPhone to Japan.

"The iPhone has become too much the standard," said Terao, who was a high school dropout and in a rock band before founding Balmuda.

The device has a custom designed home screen with Balmuda's version of basic apps like the calendar and clock and fits in the hand, Terao said.

Balmuda, which listed last December, has carved out a niche selling minimalist household appliances at premium prices such as "The Toaster", priced $225, and a $520 coffee machine named "The Brew".

Its smartphone will face stiff competition from Apple, which notched up iPhone sales in Japan of $28.5 billion in the year to September. The 5.4 inch iPhone 13 mini is almost 20% cheaper in Japan than the "Balmuda Phone".

($1 = 114.1900 yen)

(Reporting by Sam Nussey; Editing by Muralikumar Anantharaman)

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights


Next In Tech News

U.S. appeals court upholds California net neutrality law
French court upholds 100 million euro fine against Google for breaches linked to cookie policy
French justice ministry hit by cyberattack, investigation ongoing - AFP
Valereum buys Gibraltar Stock Exchange to create crypto hub
UK tycoon Lynch ready for fraud verdict in epic HP court fight
U.S. FAA says Verizon, AT&T can turn on more towers for 5G deployment
Explainer-The regulatory and legal headwinds facing Robinhood
The big rotation: European tech in biggest monthly drop in 13 years
Robinhood climbs back from lowest level since IPO
Apple's stock racks up biggest one-day gain since July 2020

Others Also Read