Spice to re-enter mobile phone space
To strengthen its foothold in the world's fastest growing mobile market, China-based Transsion Holdings announced a joint venture (JV) agreement with Indian firm Spice Mobility.The new 'Spice' brand portfolio will offer better designed devices targeted towards the youth. Transsion has sold more than 246 million dual-SIM mobile handsets globally. In 2016, Transsion officially entered India with its brand itel.