Nothing Denies Market Exit Rumours, Says Phone 4b Sold 29,537 Units on Day One

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Credit: Damien Wilde / Android Authority

TL;DR

Nothing’s co-founder denies a recent report that the company is leaving 12 markets.

He states that the company is going through a reorganization to operate more efficiently.

Akis Evangelidis also says that the Phone 4b sold 29,537 units on the first day alone.

OnePlus recently confirmed it would be leaving North America and Europe. A new report claims that OnePlus won’t be the only phone company looking to reduce its footprint this year. The report alleges that London-based manufacturer Nothing is planning to exit 12 markets. Now the company’s co-founder has come forward, strongly denying the claims made in the report.

Nothing co-founder Akis Evangelidis has taken to X (formerly Twitter) to respond to the report in question. Evangelidis calls the report “FAKE NEWS,” adding that they are not shutting down in any markets. The executive explains that the company is undergoing a “reorganising our teams to prepare for our next phase of growth.”