Chinese photo-editing software developer Meitu Mobile announced plans to close down its smartphone business on Apr. 14. The mobile phone business will be transferred to Xiaomi Corporation.
Meitu launched its new phone Meitu T9 Beauty Smartphone and a Summer Palace limited edition on June 27. Also unveiled at the launch was the image processing chip MT-AI developed by Meitu itself, a mark of its determination to enter the chip industry.
Meitu will release Meitu T9 on May 22. The new phone will support an AI slimming function.