Coolpad partners Videocon to manufacture smartphones in India

Visual from the Coolpad website. October 2015

Chinese telecommunications equipment company Coolpad Group Ltd on Friday said it plans to start manufacturing phones in India in partnership with Videocon Industries Ltd. To begin with, the company will be investing $300 million in manufacturing, research and development (R&D), and design.

Videocon will be manufacturing about half a million Coolpad devices at its facility in Maharashtra. The first made-in-India Coolpad phone is expected to be available in the first quarter of 2016.

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