Meizu to get a $590 million investment from Alibaba
Alibaba Group Founder Jack Ma
Last October, we shared news about the Meizu MX4 Pro smartphone. This device is rumored to be packing heavyweight specifications, like an octa-core Samsung Exynos CPU, quad-HD display, 3 GB of RAM, and a couple of monster cameras.
One thing that really set the MX4 Pro apart was the operating system spotted on the device, YunOS (shortened from Aliyun OS), a Linux-based platform developed by none other than Chinese e-Commerce giant, Alibaba. The two companies announced a partnership about the same time we saw the MX4 Pro rise to the surface.
That leaves the door open for a well-funded company like Alibaba to make a big bet on its home market, and that is just what it is doing, by announcing it will be buying a minority stake in Meizu for $590 million.
Alibaba will have a dedicated channel to push YunOS, and Meizu will have access to Alibaba’s considerable sales and distribution channels, along with other resources. There is no indication that this will result in any push of YunOS powered devices outside of China.
source: Reuters
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