Nine of the world’s twelve most shipped smartphone manufacturers are headquartered in China, according to semiconductor market research firm IC Insights. The company recently updated its 2018 IC Market Drivers Report in which it documented the applications fueling demand for integrated circuits (ICs). According to the report, Apple and Samsung still dominate the market for […]
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Is Xiaomi Pivoting Away From Smartphones?
Xiaomi CEO Lei Jun wanted to make one thing clear when he spoke at the Summer Davos event in Tianjin on Monday: “Xiaomi was never meant to be just a smartphone vendor.” The company, which rocketed to fame through mega-sales of budget smartphones, is now stepping back from its revenue-driving product, amid a stagnating smartphone market and […]
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Nearly 90% phones sold in China in 2016 came from domestic makers
While spearheading aggressive forays into overseas markets, Chinese smartphone brands are also taking a firmer hold of the domestic market and eating into the shares of multinational phone makers like Apple and Samsung. In 2016, a total of 559.7 million mobile phones were shipped in China, up 8.0% from the previous year, according to a report […]
