Smartphone Maker Lava Eyes India Venture With Chinese Partner
- Indian firm in talks with Huaqin for electronics partnership
- Companies seek to take advantage of India’s manufacturing push
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Indian smartphone maker Lava International Ltd. is in advanced talks with China’s Huaqin Technology Co. to create an electronics manufacturing venture in the South Asian nation.
The venture would aim to win contracts from US and Chinese customers for research and development, design, and manufacturing of electronics products, according to a letter from Lava to India’s technology ministry seen by Bloomberg News. Talks for the partnership are close to being completed, according to the letter.