Meizu Exits Smartphone Hardware Market Amid Memory Shortage

Meizu announced in early 2026 that it will exit the smartphone hardware business, citing fierce domestic competition and surging memory-chip prices driven by AI infrastructure demand. The company will continue building AI software for its Flyme operating system for cars, while CAICT data show China’s January 2026 5G smartphone shipments fell 16% year-on-year to 19.9 million units, pressuring global forecasts.