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Turing Robotic Industries now in bankruptcy

The would-be maker of the sector’s first “liquidmorphium” is now going into liquidation itself.

Turing Robot Industries introduced on its Fb web page that it has filed for chapter. The Finnish corporate’s CEO, Syl Chao, claims that it’s not bancrupt, that the movement used to be to stall production at an area manufacturing facility and that staffers will have to now not fear.

The corporate introduced in 2015 and did not ship on a telephone comprised of “liquid steel” after having taken cash for orders. It made a Sailfish OS telephone in 2016. It additionally promoted a dual-Snapdragon chipset tool that it by no means moved on and, maximum not too long ago, used to be having hassle with its high-end Appassionato telephone, which it partnered with authentic tool producer TCL to provide. Once more, orders had been taken, however not anything used to be shipped.

Salon Seudon Sanomat reported that TRI’s hire for the Salo place of business used to be within the tens of hundreds of Euros each and every month and that the corporate had devoted €2 million to paying off some. The rest of the rent will likely be settled with guarantors of the deposit.

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