Essential, the company from the father of Google’s Android mobile software, tried to take on Samsung and Apple, which have dominated smartphone sales. It will soon cease operations.
Essential Products Inc., the smartphone company from the father of Google’s Android mobile software, is shutting down after less than five years in business and raising $330 million in funding.
The startup said Wednesday it will cease operations and no longer provide software updates or customer support for its $499 titanium-encased smartphone, with its 360-degree camera, 128 gigabytes of storage and minimalistic design. The company had been working on a new device under the name Project Gem, but it wasn’t brought to market.
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