Last week, sources said that Jawbone company stopped production of its fitness trackers and sold their stocks to distributors. A few days later Jawbone has made an official statement, noting that the company does not plan to completely leave the market.
"Speculation that the Jawbone is leaving the market of portable devices, or goes out of business as a whole, are false. Unfortunately, the media spread false information. Jawbone remains fully committed to the business and innovating to create new wearable products. We manage our inventory in accordance with the internal business processes and Product lifecycle This situation is no different, and we will continue to support all of our existing products on the market, "- said in a statement Jawbone.
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