CANBERRA, Australia — Cherry Mobile is closing its doors at the end of the year and leaving a gaping hole in its products portfolio.
In a statement to CNBC, Cherry said it was shutting down all of its Cherry Mobility and Cherry Smart Mobility products in the first quarter of 2021.
Cherry Mobile products will not be offered to customers in Australia, the statement said.
“We will be focusing our efforts on our future products and services in the United States and Europe,” the company said in the statement.
Chesapeake Energy said last week it would shut down its mobile phone business in Australia.
Chery Mobile was founded in 2006 and is based in the state of New South Wales.
The company was founded by Australian billionaire George Fenton.