this post was submitted on 27 Nov 2023
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Have you read the article ? they are at their 5th phone this year and have been in business for a couple of years (in europe at least) so it's working. They also recently released headsets and earbuds
And let's hope they scale up slowly, their reports show that their profit margin is extremely slim despite them pricing their phones quite a bit higher than other brands. Meaning if they're to compete for price they won't make a profit
It's nice that they finally establish a communication line with Qualcomm though
That doesn't necessarily mean it's profitable, it could just mean they haven't run out of VC money runway yet.
Their financial reports are open to be read by the public.