XIAOMI BRINGS SMARTPHONE COMPONENT MANUFACTURING TO INDIA WITH HOLITECH TECHNOLOGY

XIAOMI BRINGS SMARTPHONE COMPONENT MANUFACTURING TO INDIA WITH HOLITECH TECHNOLOGY

Time:2018-12-30 Author:admin

VIJAYWADA, INDIA, 6 AUGUST 2018 – Xiaomi, India’s number 1 smartphone brand today announced that Holitech Technology, its key component supplier will start component manufacturing in India. Holitech Technology has signed an MoU with the state of Andhra Pradesh and will start local manufacturing in the city of Tirupati for Xiaomi.

XIAOMI BRINGS SMARTPHONE COMPONENT MANUFACTURING TO INDIA WITH HOLITECH TECHNOLOGY

Holitech Technology would be investing nearly 200 million USD over three years in the country and would be the first manufacturer in India manufacturing Compact Camera Modules (CCM), Thin Film Transistor (TFT), Capacitive Touch Screen module (CTP), Flexible Printed Circuits (FPC), and fingerprint sensor locally. The local manufacturing is likely to start by Q1 2019  and it aims to generate 6000 jobs in three years.

The component manufacturing plant would be spread across 75 acres of land in the city of Tirupati and start mass production with production capacity of nearly 50 million each component per year. The plant will also boast of nearly 50% clean room, an industry first which is being extended as an incentive by the state of Andhra Pradesh. A cleanroom is a contained space where provisions are made to reduce particulate contamination and control other environmental