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Here’s all about Nothing Launching their next Phone

Here’s all about Nothing Launching their next Phone

According to inventor Carl Pei, Nothing may introduce a new model in the US in the future. He claimed that the company wasn’t prepared to handle the nuances of the market, which is why the Nothing Phone 1 isn’t sold in the United States. We are currently in talks with a few US carriers about maybe launching a future product there, he said.

Pei is familiar with the US market because he co-founded OnePlus. Additionally, Nothing does market its Ear Stick wireless earbuds in the US, accounting for one-third of total sales of that item. “There is unquestionably a large amount of interest in our products in this market. And if we introduce our smartphones there, I’m confident that we’d experience rapid growth “said he. However, for a startup, introducing a new gadget is challenging due to the several US carrier bands and other challenges. Because of the extensive additional technical support required to serve all carriers and the specific customizations they need to make on top of Android, Pei explained why the company chose not to launch in the US. We believed that we weren’t prepared beforehand.

The Nothing phone 1 is meant to compete in the mid-range market against products like Apple’s iPhone SE and features a distinctive, light-up translucent back. Since its inception in July, the business claims to have sold 500,000 units as well as 600,000 of its wireless earbuds. It anticipates sales of $250 million in 2022, which is more than ten times what it made in 2017. Pei has previously stated that the company’s profit margin on the phones is “zero percent” because of problems like a strong US dollar and unfavourable terms from suppliers. The objective is to turn a profit by 2024, he stated. “At this time, we are not profitable.”

Here’s all about Nothing Launching their next Phone

Here’s all about Nothing Launching their next Phone

According to inventor Carl Pei, Nothing may introduce a new model in the US in the future. He claimed that the company wasn’t prepared to handle the nuances of the market, which is why the Nothing Phone 1 isn’t sold in the United States. We are currently in talks with a few US carriers about maybe launching a future product there, he said.

Pei is familiar with the US market because he co-founded OnePlus. Additionally, Nothing does market its Ear Stick wireless earbuds in the US, accounting for one-third of total sales of that item. “There is unquestionably a large amount of interest in our products in this market. And if we introduce our smartphones there, I’m confident that we’d experience rapid growth “said he. However, for a startup, introducing a new gadget is challenging due to the several US carrier bands and other challenges. Because of the extensive additional technical support required to serve all carriers and the specific customizations they need to make on top of Android, Pei explained why the company chose not to launch in the US. We believed that we weren’t prepared beforehand.

The Nothing phone 1 is meant to compete in the mid-range market against products like Apple’s iPhone SE and features a distinctive, light-up translucent back. Since its inception in July, the business claims to have sold 500,000 units as well as 600,000 of its wireless earbuds. It anticipates sales of $250 million in 2022, which is more than ten times what it made in 2017. Pei has previously stated that the company’s profit margin on the phones is “zero percent” because of problems like a strong US dollar and unfavourable terms from suppliers. The objective is to turn a profit by 2024, he stated. “At this time, we are not profitable.”