Nothing Co-Founder Denies Reports of Exiting 12 Markets

London-based manufacturer Nothing has forcefully rejected widespread internet speculation alleging that the brand plans to abandon 12 markets. Akis Evangelidis, co-founder of the company, addressed the claims directly on social media, dismissing the rumors entirely as false information while outlining an ongoing operational restructuring designed to prepare for the company’s next phase of growth.

The denial follows a wave of industry chatter regarding shifting footprints among smartphone brands operating in competitive global territories. While major competitor OnePlus recently confirmed it would be leaving North America and Europe, Evangelidis clarified that Nothing faces no such withdrawal and is not shutting down in any markets.

Writing on the social media platform X, formerly known as Twitter, Evangelidis posted a blunt refutation of the exit claims. He categorized the rumors as “FAKE NEWS” and confirmed that the hardware maker is not shutting down in any markets. The company maintains its commitment to international consumers as it prepares subsequent hardware iterations.

However, executive statements from Nothing emphasize that the brand’s current internal adjustments represent a tactical alignment rather than a retreat. The reorganization targets reorganising teams to prepare for the company’s next phase of growth.

Global Operations and Structural Reorganization

To support sustained expansion, Evangelidis explained that the London enterprise is actively reorganizing internal divisions. This structural adjustment aims to operate more efficiently without cutting off consumer access in any active sales region.

Sales Performance and Future Hardware Pipeline

Alongside the denial of regional withdrawals, company leadership has highlighted strong initial demand for recent hardware releases. Evangelidis shared that the Phone 4b recorded 29,537 units sold during its first day on the market alone.

Consumers seeking official updates regarding product availability, software rollouts, or regional sales can monitor the brand’s verified announcements through official corporate channels and community forums.

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