Nothing To Spin Off CMF As Standalone Brand, Says Carl Pei
Published on: Sept. 25, 2025, 2:27 p.m. | Source: NDTV Profit
Smartphone brand Nothing has announced that it will spin off its budget-focused sub-brand, CMF, into a standalone subsidiary based in India, as part of the company's plans to scale up in the world's second-largest mobile phone market. Nothing's founder and Chief Executive Carl Pei announced the move on X, saying he intends to build CMF into India's "first truly global consumer tech brand" while also announcing a $100 million investment plan in the country.
