Home> Blog> Millet will buy a hammer phone? Hammer Technology: Fake!

Millet will buy a hammer phone? Hammer Technology: Fake!

April 08, 2023

In the early hours of this morning, there were industry chain sources, such as the mobile phone chip maker, who broke the news on Weibo and said Xiaomi wants to acquire a hammer mobile phone.

@ Mobile phone chip microblogging people said: "The industry rumors, millet to buy a hammer phone! Hammer feelings, but do still need money for cell phone!" He also revealed that hammer technology in May and June this year, and Ali. Baba negotiated the acquisition, but later it left nothing.

After Lei Feng network (search "Lei Feng network" public number attention) contact confirmation at the first time, Hammer Technology responds to this: "The thing is nothing."

In fact, this is not the first time that rumours about hammer technology will be acquired.

In May this year, there was news that Lenovo ZUK would acquire Hammer Technology. Then Luo Yonghao responded on Weibo: "1. It's fake. 2. I wish Zuk everything is going well."

In June, it was reported that Luo Yonghao had pledged his 205.38176 million shares in hammer technology to Alibaba. Online there will be rumors that the hammer will be acquired by Ali. However, some industry insiders later analyzed that Ali’s claim for hammer technology was mainly for the layout of Alibaba Cloud, which has nothing to do with the mobile phone business.

In August, at the Cool 1 conference of LeTV and Coolpad, sources revealed that LeTV will have a purchase after the acquisition of Coolpad. The protagonist of the acquisition is Luo Yonghao’s hammer technology. However, Luo Yonghao subsequently denied it on Weibo.

The reason why similar news continues to spread is that it is related to the performance of Hammer Technology, in addition to the industry’s doubts about the delay in launching new products. A few days ago, Hammer Technology reported a net loss of 462 million yuan in 2015 and a loss of 192 million yuan in the first half of 2016. At the same time, the total assets of Hammer Technology also shrank from 825 million yuan at the end of 2015 to 296 million yuan as of June 30, 2016.

Hammer Technology will hold a new product launch in the near future. According to the information released by Luo Yonghao on Weibo a few days ago, the specific time will not be later than December.

In the face of delays in the issuance of new products, frequent acquisitions of rumors, and the fact that the company’s performance has suffered serious losses, the time left for Lao Luo may not be much longer.

Related Reading:

It is said that Luo Xixiong, director of Hammer Technology VR project, will also come to this technology

Reading from Niubo to hammer

Contact Us

Author:

Ms. Anna

Phone/WhatsApp:

8618554601089

Popular Products
You may also like
Related Information
Asia's Top 10 Hydraulic Grapple For Excavator Brand List

Introducing our latest innovation - the Hydraulic Grapple for Excavator! Designed for heavy-duty tasks, this powerful attachment allows you to easily handle and sort various materials with precision....

China Top 10 Single Tooth Ripper For Excavator Potential Enterprises

1. Increasing demand for single tooth ripper attachments for excavators due to their versatility and efficiency in various construction and mining applications. 2. Growing adoption of advanced...

Top 10 Popular Chinese Hydraulic Breakers Manufacturers

Introducing Hydraulic Breakers - the ultimate powerhouses for demolition and construction projects. With unmatched strength and precision, our breakers effortlessly crush rocks and concrete, making...

Top 10 Most Popular Chinese Hydraulic Guillotine Brands

A hydraulic guillotine is a powerful cutting machine that uses hydraulic force to slice through various materials effortlessly. With its precision and strength, it ensures clean and accurate cuts,...

Related Categories

Email to this supplier

Subject:
Email:
Message:

Your message must be betwwen 20-8000 characters

We will contact you immediately

Fill in more information so that we can get in touch with you faster

Privacy statement: Your privacy is very important to Us. Our company promises not to disclose your personal information to any external company with out your explicit permission.

Send