Red Hydrogen phone project cancelled as founder retires

San Francisco, Oct 25 (IANS) Digital cinematography camera maker Red Digital Cinema is giving up on its ambitious Hydrogen phone project as the companys founder Jim Jannard has announced his retirement in the wake of a few health issues."Just now turning 70 and having a few health issues, it is now time for me to retire. I will be shutting down the Hydrogen project, ending a career that has included Oakley, Red Digital Cinema and Hydrogen. I am very proud to have worked with many great people over the years who have signed on to the vision," Jannard, Founder of Red Digital Cinema, said in a statement.The $1,295 Red Hydrogen One was the first smartphone from the high-end camera company with bold new technologies like a "holographic display", a top-notch camera system, and modular attachments. In 2017, Red announced its intention to enter the mobile phone market. Its Red Hydrogen One phone was officially announced with a release date in August 2018. It was released in the US via AT&T and Verizon Wireless in November 2018 after multiple delays.
--IANS ksc/niy/bg