Nothing has announced that it intends to remove its sub -brand CMF, which is capable of wearing cheap smartphones, airbuds and wearing in an Indian -based standstone subsidiary.
Founder and CEO Carl PE announced the move on X, claiming that it plans to create a CMF in India’s “first truly global consumer tech brand”. The CMF’s joint venture is not contributing to the local manufacturer Optimus, and in the next three years the Million announced plans to invest more than 100 million and generate at least 1,800 jobs. Nothing can afford this investment, which has raised $ 200 million in just one funding round that value the company for $ 1.3 billion.
The announcement comes at an interesting time for the CMF, which is busy moving the start of its first couple of over -air headphones on September 29. Like all CMF products, they are also expected to be in line with the budget-its top smartphone, phone 2 Pro, its American beta release has only 9 279, with its watches and airbeds less than $ 100.