Nothing confirms layoffs, but calls market exit rumors ‘fake news’
Last month, Evangelidis announced that Nothing’s budget CMF brand won’t release a new phone this year due to ongoing component shortages. Nothing CEO Carl Pei also said last month that memory costs for the Phone 4A have doubled since its launch earlier this year, and claimed that RAM can now account for half the cost of a new phone.FAKE NEWS... Inaccurate reports are being circulated; Phone (4b) sold 29,537 units on Day 1 only, breaking records in its price segment.What we are doing is reorganising our teams to prepare for our next phase of growth.
- ▪Last month, Evangelidis announced that Nothing’s budget CMF brand won’t release a new phone this year due to ongoing component shortages.
- ▪Nothing CEO Carl Pei also said last month that memory costs for the Phone 4A have doubled since its launch earlier this year, and claimed that RAM can now account for half the cost of a new phone.FAKE NEWS...
- ▪Inaccurate reports are being circulated; Phone (4b) sold 29,537 units on Day 1 only, breaking records in its price segment.What we are doing is reorganising our teams to prepare for our next phase of growth.
2 outlets in our directory ran this story, first to last over 1 hour. All of the coverage we found sits in one bucket: centre. That one-sidedness is itself worth noticing.
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TechCloseTechPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All TechGadgetsCloseGadgetsPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All GadgetsNewsCloseNewsPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All NewsNothing confirms layoffs, but calls market exit rumors ‘fake news’ A Nothing cofounder said Phone 4B sales broke records in the price segment on day one.
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