ZMI has just offered an official statement to clarify the ongoing rumors that have claimed that it will be ceasing its operations. The company denied these rumors and said that it will continue to operate under the ZMI brand.

Looking at the official statement, the Chinese brand has stated that the ZMI brand will continue to exist and develop new products. Furthermore, it said that any remarks or rumors that hint at the brand suspending its operations is false. The company also added that it will continue to provide all of its loyal customers with high value and high quality products along with long term stable after sales services.

ZMI

This statement was shared on Weibo (a Chinese microblogging website) where it thanked its fans for their concern and hoped that future rumors will not be believed. For those unaware, there were some rumors online that were being shared that claimed that the company has seen a massive restructuring following an acquisition. Reportedly, the brand had been purchased by Xiaomi Corp and the turn over had ZMI lay off around 80 percent of its staff.

The rumor also claimed that there were only some technicians left who were then merged into Xiaomi’s smart wearable department while others were incorporated into the various other departments in the Chinese tech giant. So stick around for more as we will be providing updates when additional information is available regarding this matter.

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