According to information from the official Weibo of Meitu Mobile Phone, it will shut down business in the middle of 2019 and its mobile phone brand will be exclusively authorized to Xiaomi Group.
At the same time, Meitu Mobile Phone announced that Meitu will still be responsible for the post-sales services of its mobile phones.
Commenting on the reason of shutting down the business, Meitu Mobile Phone said that their business is small and they are not able to lower costs to fight the severe price war; therefore, they made the decision to shut down mobile phone business.
On May 16, 2013, Meitu launched its first mobile phone product, which means the business lasts for less than six years.