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‘Nothing’ is being closed in several countries. This is what has been heard everywhere for the past few days. Various posts are circulating on social media. Finally, the company opened up about it. What did you say?

A recent report by Digit claimed that smartphone maker Nothing has decided to close its business from more than 12 countries. There were also reports of massive layoffs in various departments, including research and development centers in London and China. The report also questioned the performance of the new ‘Nothing Phone (4b)’. It is claimed that only 20,000 units of this phone have been sold around the world after it came into the market.

Akis Evangelinidis, the co-founder of Nothing, denied all these claims. He said on the X handle, ‘Fake news. We are not stopping selling in any market. Misinformation is spreading, the latest phone sold 29,537 units on the first day alone, a record for its price category.’ Evangelinidis said that the organization is reorganizing its activities for the future. In his words, ‘We are reorganizing our teams. Building ‘regional hubs’ by bringing together different countries to conduct work more efficiently.’