Meizu Exits Smartphone Production, Shifts Focus to AI and Electric Vehicles

Chinese smartphone veteran Meizu is discontinuing phone production after more than two decades, pivoting its entire strategy to artificial intelligence (AI) development and automotive software. This significant shift comes amidst soaring component costs, particularly for RAM and processors, and intense competition in the global smartphone market. Meizu plans to transform into an “AI Terminals” company, leveraging its Flyme OS as an open AI platform and becoming a leader in software for electric vehicles through its partnership with Geely.