News about JiaYu has been on and off this past few months, and were not sure if this latest is good or bad news.
Last year JiaYu was rumoured to be in serious trouble and at want point there was even talk that the factory had shut down for good. We were put at ease at the end of 2015 though with the release of the JiaYu S3+ and news that the company was working on 2 new (but unspectacular) phones.
2016 has seen very little movement from the brand, but perhaps this news is why.
Rumour has it that Filipino brand Cherry Mobil has bought a controlling stake in JiaYu. Cherry had already worked with JiaYu in the past who was the ODM for the Flare X range of phones last year.
Apparently Cherry bought their stake in the company in the middle of last year, but kept the news hush hush until today.
A this stage the rumour is unconfirmed and as JiaYu have gone on an early Chinese New Year vacation we won’t be able to confirm the details for a few weeks.
Thanks to Batt for the tip.