Luxury phone maker Vertu is in the process of being wound up after an attempt to rescue the business from administration failed. The Financial Times reports that the firm, which apparently had debts of around £138 million, will close with the loss of around 200 jobs. The news comes as a surprise, given that the outfit recently signed a technology-sharing deal with Chinese giant TCL.
Source: FT
Luxury phone maker Vertu is calling it quits posted first on http://ift.tt/1tUdcCk
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