Vertu shuts down its UK manufacturing arm after it failed to pay $165 million debt July 13, 2017 by admin Tweet Luxury phone maker Vertu is shutting down its UK manufacturing operation as a result of its Turkish exile owner’s offer to pay creditors just $ 2.4 million of the company’s $ 165 million debt. Read more… Neowin Related Posts:China locks down one million people near iPhone…Apple gives $410 million award to optical technology…Foxconn is investing $700 million to develop another…Ola Electric signs the largest debt agreement in the…Apple partner partially exits China with a $500…