Re: Russian money
Which ignores that everybody else had the same inflationary pressure
Not really, Wileyfox was based in the UK giving it less opportunity to hedge.
It is, however, an admittedly feeble excuse given that pound / dollar exchange rate (the relevant one for imports from the Far East) has largely recovered. I suspect the demise of Cyanogen for the OS and low volumes of a low margin product made the business unsustainable.
Biting the hand that feeds IT
