Vertu is a company famous—or perhaps infamous—for selling outrageously expensive phones to wealthy customers. Its devices are made with luxurious materials such as alligator leather, Swarovski crystals and gold, all designed to make your average person's 'high-end' phone look like kid's toy. But its business model doesn't seem to have been working out that well lately, as its production line has reportedly been running at low capacity and its workers haven't been paid their salaries in time.
The new development is a result of a recent shift in Vertu's ...
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