Vivo Communication Technology Co., Xiaomi’s rival in the cell phone sector, plans to invest 40 billion rupees (US$559 million) to set up its second plant in India, said the company yesterday. To fulfill this plan, the company has acquired 169 acres of land in northern India’s Uttar Pradesh. The new factory will be close to […]

Chinese Smartphone Maker Vivo To Invest $559M For Second Plant In India appeared first on China Money Network.