Flexible Display Maker Royole Sees $5.3M in Assets Frozen
Former flexible display unicorn Royole Technology has recently been plunged into a new crisis, after 37 million yuan ($5.3 million) in assets were frozen by a local court.
9/8/20222 min read
Tag: #Royole
Showing 11 of 11 posts with this tag
Best Foldable Phones: Galaxy Fold, Huawei Mate X, Motorola Razr, and More
Here’s a list of the best foldable smartphones on the market as well as some upcoming ones.
11/30/20196 min read
Royole Technology Declares Bankruptcy and Is About to Face Asset Auctions
Flexible display maker Royole Technology declares bankruptcy and is about to face asset auctions.
Flexible Display Manufacturer Royole Initiates Layoffs
Flexible display maker Royole Corporation started a round of layoffs on Wednesday. This is the first round of large-scale layoffs at the company since it fell into a capital shortage crisis.
5/20/20223 min read
Chinese Flexible Screen Leader Royole Seeks US IPO
Royole Corporation is seeking a US IPO, aiming to raise $1 billion, a person familiar with the situation told Leidi.com.
12/30/20192 min read
Royole Launched a Foldable Smartphone Starting at $1290— Unfold the Next Decade
A foldable-screen smartphone has been talked about for quite some time now. According to digitaltrends, South Korean manufacturer Samsung has been working on fo...
11/1/20182 min read
Flexible Display Maker Royole Begins to Repay Staff Wages
A number of employees from Royole, a flexible display developer in China, told local media outlet on Thursday that, as of Friday night, they had received all the wages they were previously owed.
Ten Months After Listing Failure, Royole Faces Delayed Salary Crisis
Chinese flexible display maker Royole has delayed paying salaries to employees for months after the money-losing company ditched its initial public offering (IPO) plan in Shanghai's Nasdaq-like STAR Market in February.
Chinese Flexible Display Firm Royole Reportedly Failed to Pay Wages for Six Months
Shenzhen-based rollable display developer Royole, which once had a valuation of more than 50 billion yuan ($7.8 billion), was reported to have a shortage of funds and faced arrears in its employees' salaries.
3/31/20223 min read
Huawei Denies 'Proposing to Invest in Royole Technology'
Huawei Group's statement in response to 'Huawei proposes to invest in Royole Technology' claims that this is a misunderstanding.
Display Firm Royole Wins 3 Billion Yuan in Product Orders From CIOT
As part of the agreement, CIOT will purchase flexible display screens, sensors, software and hardware integration solutions from Royole Corporation in batches for the whole line of commercial robot products of the company.