Smartisan denies the rumors about its sale
Fresh rumors indicate that the company Xiaomi plans to acquire a little-known Chinese smartphone maker Smartisan, who works in the local market since 2012.
In the fierce competition Smartisan has difficulty to at least to stay afloat, the sources said. They add that the talks between Xiaomi and Smartisan began in may, but the agreement is not yet achieved.
Earlier it was reported that Smartisan received an acquisition proposal from such companies as Lenovo, Ali Baba and LeEco. Representatives of Smartisan argue that it’s the usual rumors that have nothing to do with reality.
Currently the company is working on a smartphone Smartisan T3, the successor to last year’s model, which should be submitted before the end of the year.