China is obsessed with VR, and Xiaomi is not about to be left behind. The hardware giant revealed their first VR product on Thursday: a smartphone-enabled headset called Mi VR. True to Xiaomi style, the gadget is ridiculously cheap at 1 yuan a piece (about $0.20), but before you go scrounging through your spare change jar, […]
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9 of the world’s 12 most shipped smartphone brands are from China
Nine of the world’s twelve most shipped smartphone manufacturers are headquartered in China, according to semiconductor market research firm IC Insights. The company recently updated its 2018 IC Market Drivers Report in which it documented the applications fueling demand for integrated circuits (ICs). According to the report, Apple and Samsung still dominate the market for […]
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Beijing to set up standard organ for blockchain and distributed ledger technologies
China’s Ministry of Industry and Information Technology announced Monday its plans to set up a national committee for the standardization of blockchain and distributed ledger technologies. The move comes against the backdrop of an increasingly standardized industry. International standardization entities, including the International Organization for Standardization (ISO), International Telecommunication Union (ITU), and World Wide Web Consortium […]
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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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China’s top 6 angel investors
Top 6 Chinese angel investors that give wings to startup dreams
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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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Gionee headquarter to lay off half of its employees
Gionee, once one of China largest smartphone manufacturers, said it has begun laying off employees at its headquarter, according to NetEase reports (in Chinese). The Shenzhen-based company is reportedly cutting as much as 50% of jobs at its headquarter. The job cut is merely a continuation of bad news from Gionee. Just last week, Gionee released […]
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Xiaomi Tests Out Online Banking
It’s no secret that Chinese smartphone vendor Xiaomi has bigger plans than just making smart hardware, and an important part of its ambition is online finance, a business that has become an absolute must for almost all Chinese internet giants. As a further move towards the goal, Xiaomi invested 885 million RMB ($115 million USD) in […]
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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 Unveils A MacBook Air – No, Sorry, It’s A Mi Notebook Air
Xiaomi has revealed their first laptop. Like the mobile handsets that rocketed the brand to cult status, it’s cheap, simple and looks a hell of a lot like an Apple. The Mi Notebook Air (yes – Air), makes no secret of which consumers they are looking to target, those with not enough coin to buy a […]
