Editor’s note: This article originally appeared on our sister site, TechNode Chinese. If you’re working in a Chinese company, then you’d better be prepared for Chinese New Year’s Eve, the best time of the year to grab red envelopes on your WeChat group. Chinese people give red envelope (hongbao, 红包) with money to their younger children and co-workers as […]
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Analyse Asia Podcast: Xiaomi (Part 2/2) – The Future Of Xiaomi
http://content.blubrry.com/analyseasia/Episode_130__The_Future_of_Xiaomi_with_Eva_Xiao.mp3 Eva Xiao from TechNode continued our discussion on Xiaomi, focusing on what kind of company Xiaomi truly is, and the current challenges they are facing to justify their US$45B valuation. We discussed the company’s recent failures to hit their 100 million smartphones target, their loss of smartphone market share, their failure to expand aggressively […]
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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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Chinese Smartphone Company IUNI Cuts 60% Of Staff: Another One Bites The Dust
China’s saturated smartphone market saw another victim on Tuesday, as Chinese media reported the extreme downsizing of domestic smartphone company IUNI, which cut around 60 percent of its staff. IUNI is a wholly owned subsidiary of fellow smartphone vendor Gionee Communications Equipment Co. Ltd. “After this round of layoffs, the only employees left will be product development […]
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Will Chinese Consumers Consider Buying The New iPhone 7? We Asked.
Apple’s having a hard time in China this year. For the first time ever, it reported a decline in year-on-year revenue and lost the iPhone patent case. Beijing also imposed strict rules on online publishing and Apple’s online stores for iBooks and movies were closed in April. China is the largest iPhone market in the world by the number of […]
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Oppo Defies Saturated Market With 50 Million Sales In 2015
Chinese smartphone maker Oppo shipped 50 million smartphones in 2015, exceeding expectations with 67 percent year over year growth. It’s part of a wider reshuffle in China’s smartphone market that saw Xiaomi fall from grace and Huawei take top spot as the country’s largest vendor by shipments. Xiaomi sold just over 70 million, falling well short of their […]
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Xiaomi Released MIUI 7 Global Stable Build Today
Global smartphone manufacturer Xiaomi has just announced global stable build MIUI 7 today. The users will be able to receive the update over-the-air (OTA) on phones via the updater app. MIUI 7 is available as a simple download on most of Xiaomi’s devices, including Mi 3, Mi 4, Mi Pad, Mi Note, Redmi 1S 3G, Redmi […]
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Huawei, Foxconn To Launch New Factory In Southwest China
Taiwanese manufacturer Foxconn is building a new factory in southwestern China for Huawei, according to sources who spoke to the Nikkei Asian review. It comes as wages in eastern China and Taiwan are rising, while Huawei is seeking to lower costs for their local smartphone offerings. According to the sources, the factory will be built in Guizhou, which is […]
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ZTE’s Plan for 2016: Boost Brand Loyalty by Involving Users in Product Development
Chinese telecoms equipment and smartphone supplier ZTE will use 2016 to build brand loyalty and brand awareness by consolidating their smartphone portfolio and involving consumers in the product development process. “We are shifting to a model where we are working directly with the consumer and trying to build the ZTE brand with the consumer,” says […]
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Huawei Celebrates The New Year By Boosting Sales Expectations
While many Chinese smartphone vendors are looking to 2016 for a reprieve from dwindling smartphone demand, Huawei Technologies Co. is ringing in the New Year with some better news. The company said on Thursday that their 2015 revenue is expected to rise 35.5% over the previous year, significantly higher than a prediction release earlier this year of 20%. The Shenzhen-based […]
