Xiaomi partners Optiemus to manufacture audio products in Noida
Xiaomi India on Monday announced a partnership with Optiemus Electronics Limited (OEL) to manufacture its audio products in the country.
Through this partnership, Xiaomi has kicked off the production for its first locally-manufactured audio product at the OEL factory in Noida, Uttar Pradesh.
With this collaboration, the company is targeting a 50 per cent increase in smartphone domestic value addition over the next two years.
The move signifies a larger initiative in the artificial internet of things (AIoT) domain, commencing with the localisation of wireless audio products, the company said in a statement.