Geely Founder Li Shufu makes foray into smartphone business
On September 28, Hubei Xingji times Technology Co., Ltd., founded by Li Shufu, chairman of Geely holdings, signed a strategic cooperation agreement with Wuhan Economic and Technological Development Zone, officially announcing its entry into the field of mobile phones.
It is reported that the headquarters of the project is located in Wuhan Economic and Technological Development Zone, positioning high-end smart phones, integrating global technologies and resources and serving the global market.
In this regard, Li Shufu said: in the future, it has become a general trend to build a cross-border user ecological chain and build an enterprise moat according to law. Mobile phones can link the Internet of vehicles and satellite Internet, create rich consumption scenes and strengthen the ecosystem.
See also
How Eric Li Shufu plans to reinvent Geely
EV maker Polestar to go public at $20 billion valuation