IT Home January 21 news, according to 36 and other media reports, Geely Group's mobile phone company is talking to the mobile phone manufacturer. A number of people close to the transaction said: "The transaction is still in progress, is doing DD (due diligence)." In the acquisition price, since the transaction has not ended, the price is not clear. In this regard, Meizu official replies: "Thanks to the attention of Meizu".
Geely Holdings official response indicated that the market rumors did not comment. At present, the high-end mobile phone research and development business in the Star Times is in order, hoping to build an open-fused ecological partnership.
According to media reports, Geely wants to create mobile phones. Li Shufu, chairman of Geely Holdings Group, said that it will invest 10 billion yuan in the mobile phone field. Investigation App Short, in September 2021, Hubei Star Technology Co., Ltd. was established to position high-end mobile phone fields. Geely Group (Ningbo) Co., Ltd. is a major shareholder, holding 32.3077%, Li Shufu holds 6.1538%, and is the chairman of the company. Wang Yong served as the CEO of the Stars. It is reported that after the vice president of ZTE, Wang Yong has also joined the Deputy General Manager of China.
In December last year, the company applied for a registration of two trademarks, "UPUPHONE" and "Portable Big screen", trademark international classification involved in scientific instruments, and current state is in the registration application.
IT House learned that Meizu Association was founded in 2003 by Meizu Association Company, Meizu, was founded in 2003. The company is based on the design and development of elegant, simple and easy to use intelligent equipment and systems, and is committed to building an open win-win mobile Internet ecology. The official website shows that Huang Xiuzhang (Huang Shang) put forward network communication and fan culture, and created the first domestic mobile phone manufacturers. When the Meizu just founded the MP3 business, in 2007, Huang gave up the MP3 market that has taken up the leadership, and put into the intelligent tide of smartphones. The first mobile phone in Meizu is Meizu M8. It is reported that Meizu M8 has exceeded 5 billion sales in nearly 5 months. Investigations app show that Meizu has received investment in Alibaba and Haitong in 2015, with a financing amount of 650 million US dollars, and after 2016, you got friends investment, Tianyin Holdings, buildings and other agencies. 200 million yuan investment. Since then, the Meizu has no financing message.
It is worth mentioning that in recent years, in the intense domestic mobile phone market competition, Meizu sales have fallen. According to IDC data, the fourth quarter of 2018, China's smart machine market has sold 398 million units, and Meizu only sold 40.5 million units, only 1% of the market share, a big drop of 79%.