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Nothing to stop selling phones in many global markets
9to5Google • • general
Key Points:
- Nothing has denied reports that it plans to exit 12 or more global markets, including Japan, parts of Europe, and the Middle East, but confirmed it is undergoing a company reorganization involving some job losses.
- Reports indicate that Nothing is laying off around 40% of its workforce, with significant cuts in its R&D teams based in China and London.
- The latest Nothing Phone (4b) has reportedly sold only 20,000 units since its recent launch, while the Phone (4a) series has sold approximately 150,000 units globally since March, both figures suggesting a slowdown compared to previous years.
- Despite challenges in some markets, Nothing continues to perform well in India, and its audio product line remains steady, highlighting mixed success amid broader industry difficulties.
- The situation reflects wider struggles in the Android smartphone market, exemplified by competitors like OnePlus scaling back global ambitions amid market pressures.
