Nothing makes CMF an independent Indian brand

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…