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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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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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 […]
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Xiaomi Releases A Smartwatch That Can Track Your Kids
Chinese parents are early adopters when it comes to outfitting their kids with the latest tech apparel, and Xiaomi is capitalizing on the market with a smartwatch designed specifically for children. The Mi Bunny allows parents to set up a ‘safe zone’, issuing an alert when children wander too far. It is also enabled with location sharing capabilities, […]
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Four Chinese Drones You Can’t Miss In 2016
The global commercial drone market is taking off as improvements in technology transform drones from a specialty device into an affordable consumer product. A huge market for consumer drones is blossoming and already, and China is making its mark. Data from state media outlet Xinhua shows that drone exports from China’s hardware hub Shenzhen amounted to $2.7 […]
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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 […]
