Micromax May Sell 25% Stake to Chinese Company

Micromax, India’s largest home-grown manufacturer of mobile phones, is close to selling a 25% stake to a consortium led by Ant Financial Services Group, China’s leading online financial services company that owns

Asus May Set up Manufacture Unit in India

Asustek Computer, the Taiwanese company that sells handsets under Asus brand, is actively considering scope for manufacturing in India, as it seeks to tap more of the country’s fast growing smartphone market

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