China, once the world’s engine for smartphone growth, is on the wane.
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Xiaomi turns to brick-and-mortar to bolster decreasing market share
Xiaomi, a once red-hot Chinese hardware startup touted as the China’s answer to Apple, is encountering serious challenges from local competitors of Oppo, Vivo, and Huawei in the past year. It’s even been being moved from the first to the fifth spot in the market share list. The reasons behind this disastrous drop were multi-faceted and involve […]
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Huawei Says They Can Hang On To Growth As Operating Margins Shrink
Huawei, the world’s third largest smartphone brand, posted a 40 percent increase in first quarter sales revenue when they reported their earnings on Monday. The company says they expect to maintain their current growth trajectory throughout the year. Huawei recorded $245.5 billion yuan ($37 billion USD) in revenue during the first six months of 2016, claiming they have managed […]
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Xiaomi-Like Chinese Smartphone Vendor Collapses Amid Cutthroat Competition
The ecosystem that permitted the meteoric rise of Xiaomi’s valuation to over $45 billion no longer exists. A year-long contraction in the Chinese smartphone market has yielded a consolidated field of players struggling to find new inroads to a saturated market, and the latest casualty has fallen. Dakele, or “big coke”, the Chinese smartphone maker that once aimed to emulate Xiaomi, has suspended R&D […]
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LeEco’s Attempt To Establish An Ecosystem In US Market
On 19th of October, LeEco made their official debut into the US market. According to speech made by Jia Yeuting, the CEO and founder of LeEco in San Francisco, LeEco would begin selling their smartphones and Smart TVs from Nov. 2nd. Along with their main products, TV and smartphone, they have also presented streaming service, […]
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Qualcomm Has Sealed Licensing Deals With Smartphone Underdogs Oppo & Vivo
Qualcomm has sealed a licensing deal with China’s third biggest smartphone vendor, Vivo, as the chip giant smoothes over a rough few years in the Chinese market with steady gains. Vivo is licensed to use Qualcomm’s technology in their 3G and 4G phones, the chipmaker said on Monday. It comes just a week after Qualcomm sealed a […]
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Global Smartphone Growth Drops Below 10% As Chinese Market Saturates
The global smartphone growth percentage will drop below double-digits for the first ever full year in 2015, according to market research company International Data Corporation (IDC). IDC predicts that smartphone shipments will grow just 9.8% globally in 2015 to a total of 14.3 billion units, with no upturn in sight. The Chinese market has been a […]
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Xiaomi Could Be Releasing A 15-Inch Notebook By 2016
After rocketing to the top of China’s smartphone game, Xiaomi is reportedly taking on a new challenge: notebooks. According to a report from Bloomberg the smartphone vendor is in talks with Samsung to source the memory chips and displays for a device that could be released as soon as 2016, putting them in direct competition with […]
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More Than Half Of China Is Now Online, And They’re Mostly Mobile
China has kicked off 2016 with a serious milestone – more than half their 1.37 billion population is now connected to the internet, according to a report released by state-backed China Internet Network Information Center (CNNIC). As of January first 2016, 688 million Chinese people had access to the internet, accounting for 50.3% of the […]
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Huawei Hits 100M Shipment Goal As Samsung Is Set To Record First Ever Decline
2015 has been a tough year for smartphone vendors in China, with an economic slowdown taking its toll of country-wide sales. However some vendors have been more successful than others. Huawei reached one of its major milestones this quarter, shipping 100 million units in 2015, becoming the first Chinese vendor to do so, according to research firm […]
