Google: Google cancelled orders with Pixel Fold suppliers: reports, telecom news, ET Telecom

2021-11-18 08:15:38 By : Mr. Andy Ouyang

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According to reports, the US-based search engine giant Google abandoned its plan to launch a foldable Pixel phone, which is expected to debut in the form of Pixel Fold next year.

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"The company's ability to continue operations depends on its ability to raise additional funds as needed, as well as its ability to successfully negotiate with lenders to continue to support and generate cash flow from its operations to pay off its debts at maturity," the telecommunications company said .

Jio lost more than 11 million users in the second quarter to September, for 429.5 million users, because low-end mobile users did not recharge due to financial difficulties caused by the pandemic.

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