Yandex is reportedly in talks with Russian retail stores about the sale of its rumored smartphone
The Russian tech company Yandex is reportedly in talks with Russian retail stores about the sale of its rumored smartphone, according to the newspaper Vedomosti. Yandex hasn’t yet revealed the device’s technical specifications or its price, but sources say it’s expected to sell for between 17,000 and 20,000 rubles ($255 to $300). The company is reportedly insisting that stores impose a minimal markup on the product, which has apparently stalled negotiations.
In July, a device called “Yandex.Telephone,” model YNDX-000SB, appeared on Russia’s registry of cryptographic tools, where Yandex needs to register its smartphone, in order to sell it within the Eurasian Economic Union.