Vertu is shutting down, but there may be a second life coming.
Vertu, the luxury phone maker based in the UK is shutting down. The BBC reports that the company is now in liquidation. Vertu was a luxury phone maker, offering hand assembled phones with precious metals, gems, and luxury materials. While the phones sold in very small numbers, they sold for very extravagant prices, with some phones costing upwards of $30,000.
The company was just recently purchased in March by Hakan Uzan, a Turkish exile currently living in Paris. With the company in liquidation, and it’s UK manufacturing facility closing, nearly 200 jobs shall be lost.
But it may not be over for the Vertu brand. Uzan shall retain the Vertu brand, technology and licenses.
It was less than a month ago that we heard that Vertu had signed a deal with TCL, the company behind BlackBerry Mobile to utilize TCL tech in their upcoming run of phones. While the plan was to have these new phones hand made in the UK facility, we can only assume that this deal is no more. However, it is being said that Uzan plans to resurrect the company in the future. Maybe, just maybe, we’ll see future Vertu devices being manufactured alongside future BlackBerry devices by TCL? You never know.