As per screenshot which shows us the new brand MBlu mobile website, but as of now, the website is not accessible.The MBlu brand will have some of the Meizu Branded devices like the Meizu M6 Note and Meizu E2 as per screenshot.The MBlu website even sells mobile accessories like Meizu Flow earphones.So Meizu is following the footsteps of Huawei which launched their online-budget smartphone exclusive brand called Honor long back and now, Meizu is doing the same by launching sub-brand MBlu.
Apart from this, there are also some rumors which claim that Meizu brand devices will be powered by MediaTek Chips only and MBlu devices will be powered by Qualcomm made Snapdragon chips.Earlier rumors claimed that Meizu will divide its company into two entities but now there are rumors Meizu might divide the company into three entities with Meizu, MBlu or Blue Charm and Flyme. The third sub-brand Flyme is for software development.
Meizu might launch the Meizu M6 Note in India soon as they already started teasing on Twitter.