Meizu MX3 to be just $326 thanks to cost-cutting measures such as closing stores and production line

Before Xiaomi appeared on the market, Meizu was China's only smartphone maker with a cult-like following. It was often referred to as China's Apple. It sold premium products for premium prices, and built up incredibly good brand recognition over the years. This has been helped in no small part by its numerous stores in the country.
Now though, things are very different. Meizu is no longer the tech darling of Chinese consumers. Xiaomi is. It's Xiaomi that's now breaking sales records with its new smartphones. That's because Xiaomi is basically offering the same promise of quality as Meizu, but with much lower prices.

Unwired View , Meizu MX3 to be just $326 thanks to cost-cutting measures such as closing stores and production line, Meizu MX3 to be just $326 thanks to cost-cutting measures such as closing stores and production line