MobileGSMArenaabout 1 hour ago
CMF Spins Off as Indian-Owned Brand
2 min read
Nothing is spinning off its budget CMF sub-brand into an independent company that will be majority Indian-owned, with headquarters and R&D based in India. Nothing will retain a minority stake. CEO Carl Pei says the goal is 100 million phones sold annually, positioning CMF as India's first homegrown global smartphone champion.
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