Xiaomi’s smart speakers have been awakened 8 billion times by users to activate around 100 million devices.
Xiaomi’s international markets revenue grew 112.7% year-on-year.
Huawei’s global shipments for 2018 third quarter hit 52 million, putting it behind Samsung.
As China’s smartphone market shrinks, companies are placing their bets elsewhere.
China’s leading smartphone manufacturer and communication giant Huawei stands firmly as the world’s second largest in terms of global smartphone shipment volume and market share in the second quarter of this year, International Data Corporation (IDC) said yesterday. Samsung remains as the leader with Apple placing itself in the third place. Huawei overtook Apple in […]
Xiaomi’s draft prospectus for the sale of China Depositary Receipts on the Shanghai stock index published by Chinese regulators today revealed a net loss of RMB 7 billion in the first quarter of 2018 against smartphone sales soaring 87.8%. On the same day, six new Chinese unicorn funds were launched by asset managers to help […]
China’s homegrown smartphone brands are continuing to overshadow their international peers on domestic turf. Huawei has topped domestic mobile phone sales for several consecutive quarters so there is not much news there. However, the new Jiguang report shows that OPPO has been steadily gaining popularity. The top five phones in China for Q1 2017 were […]
Meituan is the second multibillion-dollar tech float from Beijing this year after Xiaomi’s $5.4 billion IPO.
Xiaomi leads India’s overall smartphone shipment with a 27% market share.
The company originally aimed at a fundraising target of between $800 million $1 billion.