Overseas sales topped 40% of revenue for the company in the second quarter.
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Posted inTurf Wars
China’s tech firms look to B2B IoT for more profits
Tech companies are scrambling to replicate their consumer market successes in the industrial IoT sector, and quickly forge out new revenue streams.
Posted inViews
INSIGHTS | Smart home firms scramble to lock in users
A potentially closed ‘ecosystem’-type market is still anyone’s game.
Posted inHeavy Hitters
Xiaomi launches new TV and treadmill as it advances AIoT push
Xiaomi seeks to gain ground in the battle for consumer living rooms with its artificial intelligence of things (AIoT) initiative.
Posted inHeavy Hitters
Huawei widens lead in China smartphone market after US ban: report
Chinese consumers rallied to support one of their country’s tech behemoths.
Posted inHeavy Hitters
Briefing: Xiaomi payment app Mi Pay enters India
Mi Pay allows users to make payment via multiple options such as UPI, credit cards, debit cards, and internet banking.
Posted inTurf Wars
Briefing: Xiaomi briefly joins short video craze with new app
It’s a latecomer to the short video scene, where Bytedance and BAT are already wrestling for user attention spans.
Posted inTurf Wars
Transsion’s lead in African phone market under threat from fellow Chinese rivals
Sluggish growth at home is pushing Chinese smartphone brands to look to Africa for growth.
Posted inUp and Comers
Zhuhai government invests in embattled smartphone maker Meizu
Meizu shipped only 8 million units in 2018, ‘mainly due to lack of funds.’
Posted inUp and Comers
Xiaomi rival Transsion to list on Shanghai tech board
The news comes as the Shanghai Stock Exchange began accepting IPO applications for its new tech board.
