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Chinese Automaker Geely Moves Into Smartphones With CEO’s New Venture

October 2, 2021
Source: mediantwrk.com mediantwrk.com
News Snapshot:
Chinese automaker Zhejiang Geely Holding mentioned on Tuesday its founder, Eric Li, has introduced a brand new corporate devoted to creating smartphones. The announcement marks but every other foray past vehicles for the corporate and Li, its bold founder. The new corporate, referred to as Hubei Xingji Shidai Technology, has signed a strategic cooperation settlement with the Wuhan Economic and Technological Development Zone to ascertain its headquarters within the central Chinese town the place it’ll increase good gadgets together with smartphones, in step with Geely . Public data display that Li these days owns 55 p.c of the corporate. In...
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