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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Xiaomi Expects Mijia Hardware Sales to Reach $2.2 Billion in 2016
Correction: An earlier version of this story’s headline implied that the expected sales are to come from Xiaomi’s first-party hardware. The expected sales are to come from third-party companies that Xiaomi has invested in. Lei Jun, CEO of Chinese smart device maker Xiaomi, is known for making ambitious predictions. This year is no different: At […]
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Tactics to make sure you get your hongbao this Chinese New Year
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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Xiaomi Is Trying to Undercut Roomba With Their Own Cleaning Robot
Xiaomi unveiled its Mi Robot Vacuum, the latest addition to its smart home product line, as the company continues to drift further away from its core smartphone business toward a diversified internet hardware ecosystem. True to Xiaomi’s style, the vacuum’s design takes a minimalist approach to buttons and screens, and true to the style of most […]
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TechNode’s Top 10 “Other” Stories of 2016
It’s official: 2016 is finally over. From celebrity deaths to surpise elections, no one could have predicted how it went. That certainly is true for us at TechNode as well. After delving into our top posts for many different verticals, we all agree that 2016 was disappointing, unpredictable, but also amazing in it’s own way. […]
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Analyse Asia Podcast: Xiaomi Part (1/2) – Team, History, And Products
http://media.blubrry.com/analyseasia/content.blubrry.com/analyseasia/Episode_129__Xiaomi_-_Team_History_Products_with_Eva_Xiao.mp3 Eva Xiao from TechNode joined us in a two part episode on one of China’s top unicorns: Xiaomi. We traced the history of the company starting from the founders of the company, most notably Lei Jun and Bin Lin, and how they managed to bring in top talent such as Hugo Barra into the […]
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Xiaomi Launches Electric Mosquito Repellent Device
Last month, Xiaomi CEO Lei Jun set out an ambitious three-year roadmap for the company which involved transforming the company into a variety store of “about 40 kinds of electronic products.” It appears the internet giant has come one product closer to that goal with the release of a USB electric mosquito repellent device. The gadget is […]
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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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Xiaomi Buys 1500 Patents From Microsoft
Chinese gadget maker Xiaomi struck a deal with Microsoft to purchase around 1,500 patents from the latter for an undisclosed sum, the U.S. company announced on Wednesday. The announcement was made yesterday when Microsoft CEO Satya Nadella visited Beijing. The sale involves patents in voice communications, multimedia and cloud computing sectors, while the licensing portion include wireless communications patents […]
