In the past months, we reported that automaker Geely would acquire Meizu to start smartphone production. Now this purchase is complete. Geely completely bought Meizu.
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Meizu sold to Chinese company Geely
Chinese automaker Geely ventured into the smartphone industry. A new news came today from Geely, which announced that it started working to buy Meizu last January. After 4-5 months passed, Geely bought Meizu completely and owned a smartphone company.
In recent years, things have not been going well on the Meizu side. Geely, which also owns many brands such as Volvo and Lotus, is a company that believes it can improve Meizu’s situation. With this purchase, Geely, which is expected to bring a new breath to Meizu smartphones, seems to catch up with Meizu smartphones as well as in cars like Volvo.
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