Vertu Signs $40 Million Deal With TCL For Luxury Smartphones

Vertu Signs $40 Million Deal With TCL For Luxury Smartphones


Luxury smartphone maker Vertu has signed a $40 million deal with TCL Communication and the company will be making 30,000 handcrafted smartphones for Vert.

Vertu was purchased by entrepreneur Hakan Uzan back in March and here is what he had to say about the new deal.

Speaking from the new corporate offices of Vertu AK France in Paris, Hakan commented, “We are delighted to have signed this agreement with TCL Communication. It is the first of many, considerable investments we are making into the business. TCL Communication is a valued partner of Vertu and we hope that this will be the start of a prosperous new chapter in our relationship.”

“Customers will have access to limited, special edition Constellation X products as soon as mid-July, with full ramp up by early September. The new generation of Vertu Concierge Services will start being introduced in mid-July in limited markets, with a new wide ranging portfolio of Vertu Life Style Products becoming available in Vertu Boutiques in early September,” Hakan added.

Vertu has sold more than 500,000 smartphones worldwide and prices for the handsets start at around £7,500.

Source Vertu

Filed Under: Gadgets News

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