Meizu Abandons Self-developed Chips

Meizu's subsidiary, Xingji Meizu, recently responded to the termination of its self-developed chip business. Xingji Meizu officially stated that in response to changes in the global economic market and the challenges of long-term development, the Xingji Meizu Group has made a strategic adjustment and decided to terminate its chip business. The company will properly handle the relevant matters arising from this business adjustment and will focus more on product innovation and software experience in the future, continuously creating value. Currently, the group is implementing an internal employee transfer and reassignment plan, making the utmost effort to safeguard the rights and interests of employees, especially fresh graduates, and seeking internal transfers to absorb the impact.