Essential Products news and trends

Amazon, Tencent Invest In Essential Products Phone
Mobile // August 10, 2017

Essential Products, the smartphone company that was started by Andy Rubin — the creator of the Android mobile operating system — has raised $300 million in venture funding from big name investors like Tencent and Amazon. According to a news report in The Wall Street Journal, the...

Andy Rubin Launches The “Essential” Phone and Home
Innovation // May 31, 2017

The co-creator of Google’s Android mobile phone operating system, Andy Rubin, rolled out a new company dubbed Essential Products that will sell a high end mobile phone and a home assistant gadget. According to a report in Reuters, the new Essential Phone has an edge-to-edge screen, a titanium and...

Softbank Walks Away From Investment In Smartphone Startup Due In Part To Apple
Apple // March 21, 2017

Softbank, the Japanese bank, has reportedly given up on a $100 million investment in a smartphone startup in part because of Softbank’s growing relationship with Apple. According to a report in The Wall Street Journal citing people familiar with the matter, Softbank was gearing up to...

Quick Reads
Essential Products To Lay Off 30 Percent Of Its Workforce

October 18, 2018
Essential Products, the smartphone startup founded by Andy Rubin, the creator of Android, is slashing its workforce by around 30 percent. Bloomberg, citing people familiar with the matter, reported the workforce reductions are happening in its hardware, marketing and sales units. The company has around 120 employees, noted Bloomberg. The layoffs come a few months after […]

Amazon, Tencent Invest In Essential Products Phone

August 10, 2017
Essential Products, the smartphone company that was started by Andy Rubin — the creator of the Android mobile operating system — has raised $300 million in venture funding from big name...

Andy Rubin Launches The “Essential” Phone and Home

May 31, 2017
The co-creator of Google’s Android mobile phone operating system, Andy Rubin, rolled out a new company dubbed Essential Products that will sell a high end mobile phone and a home assistant gadget. According...

Softbank Walks Away From Investment In Smartphone Startup Due In Part To Apple

March 21, 2017
Softbank, the Japanese bank, has reportedly given up on a $100 million investment in a smartphone startup in part because of Softbank’s growing relationship with Apple. According to a report...