Yota Devices declares bankruptcy following legal fights with display manufacturer
In an era where most smartphones all look and function mostly the same, it's always a shame to see more interesting designs fall flat. Russian-based phone manufacturer Yota, best known for its line of Yota Phone devices with rear e-ink screens, has declared bankruptcy and all its assets will be liquidated.
As a report from iGuides explains, Hi-p Electronics (the manufacturer for the e-ink screens used in the Yota Phones) sued Yota Devices for $126 million, after Yota failed to meet the minimum number of component orders, following the company's exit from the North American smartphone market.
Read MoreYota Devices declares bankruptcy following legal fights with display manufacturer was written by the awesome team at Android Police.
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Corbin Davenport
In an era where most smartphones all look and function mostly the same, it's always a shame to see more interesting designs fall flat. Russian-based phone manufacturer Yota, best known for its line of Yota Phone devices with rear e-ink screens, has declared bankruptcy and all its assets will be liquidated.
As a report from iGuides explains, Hi-p Electronics (the manufacturer for the e-ink screens used in the Yota Phones) sued Yota Devices for $126 million, after Yota failed to meet the minimum number of component orders, following the company's exit from the North American smartphone market.
Read MoreYota Devices declares bankruptcy following legal fights with display manufacturer was written by the awesome team at Android Police.
http://bit.ly/2Dqfzvl April 20, 2019 at 07:13PM
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