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The development of YotaPhone will be moved to China

China Baoli, who bought 30% of Yota Devices at Fund Telconet, creates a joint venture with a major Chinese smartphone manufacturer Coolpad for the joint development of mobile devices with two screens. This is reported by “Vedomosti” with reference to the reporting of the China Baoli published on the Hong Kong stock exchange. According to […]

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The Chinese bought a third Yota Devices for $46.2 million

The shareholders ‘ meeting of the Chinese investment holding company, REX Global has approved the purchase of 30% share of the Russian smartphone manufacturer YotaPhone, company Yota Devices — for $46.2 million, according to documents Rex Global. Under the deal, Rex will receive exclusive Global rights to intellectual property and Yota Devices to sell the […]