Mr. Igor Kozlov director of one department of Ruselectronics Company, which is part of a state-owned company, Rostec, said that the phones will be manufactured with quality can be compared to Apple's iPhone, but there are far cheaper. Mr. Igor stated that: "In 2018 we will have our own iPhone, the local iPhone, which costs only 130 dollars."
Rostec, is a company founded in 2007 that focuses on the technology sector in Russia. This CEO is directly appointed by the Russian president.
