Nothing’s more affordable CMF sub-brand is now turning into its own independent company, which will be majority Indian-owned, and will have its HQ and R&D in India. Nothing will stay on as a minority shareholder.
Nothing’s CEO Carl Pei thinks India will be the next country that will produce “its own global champions” in the tech space, following the likes of Japan, Korea, and China. The implication is that CMF will be one of the first such “global champions”, since it will have “real R&D” in the country, which he describes as “the ability to design, engineer, and keep improving a product…
