smartphone maker yota files for bankruptcy

You probably remember the dual-screen YotaPhone from 2012 and its two successors, the YotaPhone 2 and 3, released in the next five years. Well, the company behind those handsets is no longer.

The Russian company is having some serious financial problems and it was probably not too hard to guess given that two years have passed and we haven’t heard anything from Yota.

The news of bankruptcy come from the Cayman Islands Supreme Court where Hi-p Electronics filed a case against the smartphone manufacturer due to the multi-million debt. Hi-p Electronics is the supplier for e-ink…