Meizu is an up and coming Chinese smartphone manufacturer. This company might be relatively unknown outside of China, but their growth rate is outstanding and they really managed to leave a great impression with their devices last year. The company has released MX4, MX4 Pro and M1 Note devices last year, which were followed by the M1 in January this year. All of those devices are really capable and affordable, especially if you consider their build quality and specifications. Meizu has done so well that Alibaba Group, one of the world’s biggest e-commerce companies, decided to invest in Meizu a while back. It seems like Meizu received yet another financial injection just now, read on.
According to a new information from China, the Taiwan-based processor manufacturer, MediaTek, has invested in Meizu. According to industry analysts, MediaTek has invested in Meizu, though the exact numbers weren’t announced just yet. Meizu MX4, M1 Note and M1 are all powered by MediaTek’s processors, and it seems like Meizu will continue deploying MediaTek’s chips in its upcoming products as well, at least judging by this investment. MediaTek was relatively unknown a few years back, but today their chips are powering a ton of smartphones all over the world. They were producing low-mid range chips at first, but today their lineup actually consists out of powerful, high-end chips as well. MediaTek is trying to compete with Qualcomm, and it will definitely be interesting to see how will they fare at the end of this year.
We’ll report back as soon as we get some more information regarding this investment, at this point we really don’t have much to work on, one of the companies will hopefully release exact numbers soon. Meizu is getting a lot of financial backing from various companies in Asia and that will help the company expand, no doubt about it. Meizu currently sells their devices in Asia only, at least officially, but they’re available worldwide through various retailers. Who knows, perhaps Meizu decides to expand outside of Asia sometime soon, these investments might make them do that, we’ll see.