Volvo’s China-based parent company Geely has acquired Chinese smartphone maker Meizu. But why would an automaker buy a smartphone company? Here’s the behind the scenes…
There has been a development that closely concerns both the smartphone and automobile industry. The roof company of the Swedish-based automobile giant Volvo geelya Chinese smartphone manufacturer Officially bought Meizu. So why would an automaker buy a smartphone company? And while Meizu, a brand that once attracted attention, has come to the point of being deleted from the market recently…
First of all, in order to understand the acquisition process that brought together two giant industries, what companies have and we need to know what they’ve been up to now. If you wish, let’s not go further and let’s talk about this important purchase. to the details Let’s see together.
Geely seems annoyed that companies like Xiaomi and Apple are being mentioned in the auto industry
* Autonomous car named Geely Zeekr 001
In fact, Geely has been interested in the smartphone industry for a long time. There is even a smartphone manufacturing company called “Hubei Xingji Shidai Technology”, which was founded by company President Eric Li. Moreover, this company former boss of ZTE Wang Yong is sitting. Meizu is for cars “Flyme For Cardeveloped a system called “. This system is famous for its focus on child safety. The infotainment system can even repel mosquitoes says. The acquisition resulted in Flyme For Car being acquired by Geely, which already manufactures cars.
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It is obvious that the world of smartphones and the world of automobiles are getting closer. As known Xiaomihas officially launched its own electric car project. Apple has been around for a while. under the allegations within the industry. While systems such as Android Auto and Apple CarPlay are becoming more and more common, people now use their smartphones. their car key as they can use. That all explains why Geely bought Meizu. In addition to its own brand, Geely, Xiaomi and Apple, who have a voice in brands such as Volvo, Lotus and Proton, are for themselves the company’s entry into the automobile industry. thought it might be a big problem and he seems to have made such a decision.