According to news on August 12, Royole’s third-generation folding screen FlexPai 3 recently appeared on a second-hand platform. The phone adopts an outward-folding design, a lifting front camera, and no screen openings.
According to Bilibili UP owner "Old Friend Wang Haibin", FlexPai 3 also has an interesting design. There is a recessed area on the back of the fuselage corresponding to the rear camera to accommodate the rear camera, which is used to prevent The lens is scratched.
FlexPai 3 uses a 7.2-inch large black-edge screen, 1620*1520 resolution, 60Hz refresh rate, the processor is Snapdragon 765G, and the lens parameters are 12 million pixels Photography + 8 million pixel ultra-wide angle.
Royole originally planned to launch FlexPai 3 at the end of 2021, but before the new phone was released, it became Royole’s last product.
According to "Old Friend Wang Haibin", Royole sold its third-generation solution to VERTU. Almost 100 units of FlexPai 3 on the market have been changed to VERTU AYXTA Fold3, the real FlexPai There may be only three FlexPai 3 units in the world.
It is understood that in December 2021, Royole Technology was exposed to rumors of large-scale wage arrears. In April 2022, Royole’s independent director Liu Shuwei issued an article calling for the rescue of Royole through his personal WeChat public account. It is hoped that the government can help Royole Technology introduce strategic investors to alleviate its capital shortage.
In March this year, there were rumors that Royole Technology was bankrupt. The company issued a statement on April 1st saying that the company had neither actively applied for bankruptcy nor entered bankruptcy procedures. The company is still in operation.
On June 6 this year, the National Enterprise Bankruptcy and Reorganization Case Information Network showed that the Shenzhen Intermediate People’s Court issued an announcement stating that it had ruled to accept Royole Technology’s bankruptcy and liquidation case on May 15, 2024, and appointed Guangdong Huashang Lawyers The firm is the manager of Royole Technology.
The Shenzhen Intermediate People’s Court will hold the first creditors’ meeting on September 13, 2024. Creditors who have declared their claims in accordance with the law have the right to participate in the creditors’ meeting.
The bankruptcy liquidation cases of Royole Electronics and Royole Display, two wholly-owned subsidiaries of Royole Technology, have also been ruled to be accepted.
It is reported that in 2018, Royole Technology released the world's first foldable screen mobile phone - FlexPai, which uses the 7.8-inch cicada flexible screen 2nd generation AMOLED screen independently developed by Royole Technology. This company was once valued at more than 50 billion Unicorns and the originators of foldable screen mobile phones have become history.
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