Marbridge Daily

<- March 15, 2012 ->

Spreadtrum to Invest USD 10 Mln in India's Micromax

Spreadtrum PR, 3/14/12

Chinese wireless baseband chipset provider Spreadtrum Communications (Nasdaq: SPRD) has announced that it will invest USD 10 mln in Indian handset brand Micromax Informatics Limited and become one of Micromax's preferred mobile chipset suppliers. Spreadtrum and Micromax's partnership aims to grow the market for high-value handset products in India and other emerging markets.

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