Optiemus, Wistron plan $200n Noida plant for smartphones

Optiemus Infracom along with Taiwan-based OEM Wistron Corporation will commission its first factory by march 2016.
Optiemus Infracom, the founders of domestic mobile brand Zen Mobile, on Tuesday signed a joint venture with Taiwan-based OEM Wistron Corporation to set up mobile manufacturing unit in Noida. The joint venture, in which Optiemus Infracom owns a majority stake, will bring investments of around $200 million and will create over 15,000 jobs over the next five years, the company claimed