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 Speeds Up Commercialization With Ad Platform Launch
Xiaomi rolled out an ad platform named Xiaomi Marketing yesterday, a service that grants clients access to over 100 million Xiaomi users, said the company. Based on big data, the platform will provide ad distribution, marketing and branding services for customers to reach audiences through the company’s Android-based firmware MIUI, Xiaomi’s app store, browser, news app, a theme […]
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, […]
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 […]
This Advertising Startup Found Three Missing Children in China
About 20,000 children are trafficked every year in China, according to the U.S State Department. Trafficked children are most often sold for adoption, or later sold online for unpaid labor and prostitution. While the Chinese government and Chinese internet giants including Alibaba and Tencent are putting efforts toward finding the missing children, smaller startups are also pitching in, including Shanghai-based […]
Xiaomi Leads $25M Investment In Hungama To Fuel Indian Expansion
Chinese smartphone maker Xiaomi has participated in a $25 million USD financing round in Hungama Digital Media Entertainment, an Indian online publisher and aggregator of entertainment content. This is Xiaomi’s first investment in India and the reason behind the deal is self-evident. As domestic competition in China is stiffening and India is becoming a strategic […]
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 […]
Xiaomi Is Expanding Their Smart Transport Empire With Bicycles
After tackling Segway-style smart transport last year, Xiaomi Inc. now has plans to expand further into smart bikes. The company will release a new Xiaomi-brand smart bike in the coming months, according to sources who spoke to the Wall Street Journal. At the same time Xiaomi-backed smart bicycle company IRiding will also release a ‘smart’ bike called the ‘QiCycle’ this week, […]
Lei Jun Leaks Mi Band 2,Mi Max Ahead Of Official Debut
Lei Jun, the tech entrepreneur and marketing expert behind Chinese smartphone maker Xiaomi, “accidentally” leaked what looks like the company’s next-generation fitness tracker, the Mi Band 2 and smartphone Mi Max, yesterday when live streaming an event through Xiaomi’s video streaming app. Xiaomi’s first fitness tracker, Mi Band 1, has enjoyed some successes thanks to handy […]
Xiaomi Is Putting Their Faith In An Internet-Enabled India
Battered by slowing sales back home, Xiaomi is banking on a boom in Indian e-commerce to drive new growth in the coming years. Xiaomi president Bin Lin told the Wall Street Journal that he believed growth prospects in India were better than in China, and that he hopes to see the number of online smartphone sales in India rise […]