Jawbone stopped manufacturing, sells inventory for a discount — report
Jawbone, the fitness band manufacturer, seems to be struggling when it comes to its financial matters as a report from Tech Insider says that the company has been making ways to break-even.
According to the source, Jawbone has already stopped manufacturing their UP fitness tracker line-up and sold its remaining stocks to a third-party reseller for a cheap price tag. The fitness trackers of Jawbone are the UP2, UP3, and UP4. Aside from this, the company has also discontinued its Bluetooth speaker business.
While this move shows a sign that the company might be exiting the wearable game, it’s not. You can still buy their UP fitness trackers where it is available but it’s yet unclear when will they resume manufacturing and maybe, release a newer version.
READ: Jawbone UP24 Review
It’s been a year since Jawbone released their latest device. For now, we just have to wait and see what will happen next.