Nothing is spinning off its budget CMF brand into its own company

1 month ago 3

Tech company Nothing is spinning off its budget brand, CMF, into its own company.

Nothing CEO Carl Pei announced the move on X, saying he plans to turn CMF into an India-based consumer tech brand.

Pei wrote on X that Nothing plans "to establish CMF as a subsidiary headquartered in India - building it into the country’s first truly global consumer tech brand." It would be "built from India, to the world," he wrote.

Source: https://mashable.com/article/nothing-cmf-brand-budget-spinoff

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