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Meizu's Reclusive Founder Returns to Run the Company

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Note -- this news article is more than a year old.

The reclusive founder and former CEO of the Chinese smartphone manufacturer, Meizu, Jack Wong has made a surprise announcement that he is returning to run the company.

In a Q&A session with employees and product fans, he confirmed a few of the rather more bizarre rumours that have circulated in recent years, such as only leaving home once a month for a haircut, but says that is all behind him now.

He blamed chronic exhaustion for the behaviour as the 40-year old founder announced that he would return to run the company again.

The current CEO, Aber Bai has stepped down, but is remaining with the company to advice Wong during his return to the top job.

Wong's first task though is to secure U$165 million in funding from investors to develop new products and prepare the company for a stock market listing. Investors may seek significant reassurance that the turmoil at the top of the company is over and wont be returning though.

The company, which sells smartphones based on a customised version of Android they called Flyme OS is reported to ship 300,000-400,000 handsets per month.

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Tags: meizu  China