Geely founder's venture bets big on smartphones after Meizu stake buy

Geely founder's venture bets big on smartphones after Meizu stake buy

REUTERS/Damir Sagolj

A venture run by the founder of Chinese automaker Zhejiang Geely Holding said on Monday it will look to break uniformity in the smartphone industry, as it completed a purchase of a majority stake in handset brand Meizu.

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