Xiaomi has announced that it plans to set up a local assembly plant in the country within three to four months. In addition to generating employment opportunities for locals, this latest development will also boost smartphone manufacturing in the country. The manufacturing of smartphones locally will also attract foreign direct investment (FDI) and increase foreign exchange earnings via exports.
Xiaomi, via twitter, announced in June that the company has found a solution to make the front cameras disappear to finally get rid of notches. Similarly on the same day Oppo also announced the same technology on twitter. Xiaomi’s recent patent regarding the new technology was filed and granted by the CNIPA (China National Intellectual Property Administration) which also surfaced the internet.