Nothing spins off CMF as independent brand with India as global base, signs $100 million JV with Optiemus
Smartphone maker Nothing has spun off its affordable sub-brand CMF into an independent subsidiary, making India its global base for operations, research and manufacturing, the company said on Thursday. Along with this move, it has also announced a USD 100 million joint venture with Indian electronics manufacturer Optiemus Infracom Ltd. According to the official statement, this partnership is…