China Auto Maker Geely Ventures Into Smartphones
Technology

China Auto Maker Geely Ventures Into Smartphones

By Kevin Colleran

HONG KONG—While smartphone makers are venturing into developing the next generation of smart electric vehicles, one of China’s biggest auto makers is going against the tide by making a foray into the smartphone market.

A subsidiary of Zhejiang Geely Holding Group said Monday it completed the acquisition of a 79% stake in lesser-known Chinese smartphone maker Meizu Technology Co. No amount for the deal was disclosed.

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Technology News Click Here 

 For the latest news and updates, follow us on Google News. 

Read original article here

Denial of responsibility! TechiLive.in is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
Kevin Colleran 84874 posts