New Android phone to offer "most advanced technology" and security, priced under $20,000

A new smartphone is coming soon that its makers say will offer superlative technology and extraordinary levels of security - but very few people will ever be able to afford it.

British-Israeli startup Sirin Labs has secured $72 million in private funding in its aim to build a device that, according to its president and co-founder Moshe Hogeg, "brings the most advanced technology available - even if it is not commercially available - and combining it with almost military-grade security."

As Reuters reports, security will be a major focus of Sirin's plans. The device - which is called 'Solarin', and will run an unspecified version of Android - is aimed primarily at senior executives willing to pay a high price to ensure that their phones are secure, and that the data stored on them are kept from prying eyes. The project began after a major investor in the company, Kenges Rakishev, had his phone hacked in 2013.

Sirin promises to offer "tomorrow's technology, today", and says that its device will offer technology 'two to three years' ahead of the mass market, although details about the new handset are thin on the ground for now.

The phone is now just weeks away from launch, though, and Sirin plans to open its first retail store in Mayfair, a prestigious area of central London, next month. Solarin's exact price hasn't yet been revealed, but Hogeg said that it would launch for 'less than $20,000'.

Source: Reuters / Sirin Labs

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