Luo Yonghao, the CEO of Smartisan, recently lashed out at the rumor that “40% of employees are to be made redundant due to the poor financial performance of the company” as reported by NetEase, claiming it to be an absolute scam. Smartisan announced in its latest statement that it had sent an attorney letter from its lawyers to NetEase. Its financial status is worrying investors as well as its customer base, who are afraid that the after-sales service will be affected.
