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, […]
Search results
Posted inNews
Xiaomi-Like Chinese Smartphone Vendor Collapses Amid Cutthroat Competition
The ecosystem that permitted the meteoric rise of Xiaomi’s valuation to over $45 billion no longer exists. A year-long contraction in the Chinese smartphone market has yielded a consolidated field of players struggling to find new inroads to a saturated market, and the latest casualty has fallen. Dakele, or “big coke”, the Chinese smartphone maker that once aimed to emulate Xiaomi, has suspended R&D […]
Posted inNews
And the ChinaBang 2017 Awards go to …
It’s that time of the year again: the festive weekend for Chinese techies, startup entrepreneurs and investors alike. ChinaBang Awards, an annual ceremony recognizing the best startups in China, is on the go. To continue last year’s initiative in finding out the amazing startups nationwide- not just 1st tier cities, this year’s ChinaBang Award ceremony […]
Posted inNews
This Kickstarter Project Lets You Talk To Your Plants
Giving people the ability to control objects with their voice has typically been the domain of big tech companies: Amazon Echo, Google Home, Apple’s Siri. Shenzhen-based hardware company Seeed Studio wants to change that. “You can take a plant and make it something you can talk to,” says Xiaobo Ye, the product manager of ReSpeaker. “Now, raising a plant […]
Posted inNews
Here’s what you can learn from China’s biggest startup failures of 2016
As billionaire investor Warren Buffett once said, “It’s only when the tide goes out that you know who’s been swimming naked.” China’s overly heated venture capital market has spawned numerous startups in 2015, but as dramatic funding slowdown hit the country in 2016, Chinese startups are facing a bleak funding prospect and even once-hot companies are struggling to survive the […]
Posted inNews
Which Hardware Companies Could Put Xiaomi Back On Track In 2016? [Updated]
Xiaomi shipped over 70 million smartphones in 2015, falling short of their annual goal of 80 million unit shipments, while Huawei, who lagged behind by Xiaomi before 2015, announced 100 million annual shipments in December 2015. Xiaomi’s poor performance in smartphone sales may have something to do with their inability to launch a fifth flagship phone in 2015, attributed to issues […]
Posted inNews
Will Chinese Consumers Consider Buying The New iPhone 7? We Asked.
Apple’s having a hard time in China this year. For the first time ever, it reported a decline in year-on-year revenue and lost the iPhone patent case. Beijing also imposed strict rules on online publishing and Apple’s online stores for iBooks and movies were closed in April. China is the largest iPhone market in the world by the number of […]
Posted inNews
China Still Rules, But Will India Emulate as A Top Tech Frontier?
India has emerged as the next hot spot for Chinese smartphone makers while demand from domestic market wanes. Xiaomi, Huawei, ZTE, Vivo, OPPO, nearly all leading phone manufacturers raced to the country in the hope of duplicating their success in the emerging market. Not only in smartphone industry, the mindset prevails in China’s tech circle […]
Posted inNews
The Company Behind The Roomba Wants To Tap A Xiaomi-Like Formula in China
iRobot, the company behind the Roomba automatic floor vacuum, has turned their attention to China, setting up an office in Shanghai and seeking local investment opportunities. The company is seeking to grow its presence in the market, and lower manufacturing costs for their brand of home robots, the same formula that saw Xiaomi build a multi-billion USD ‘smart home’ […]
Posted inNews
Qualcomm Breathes Breath Of Fresh Air Following Xiaomi Licensing Deal
Qualcomm Incorporated stock has leapt over 5 percent, the biggest single-day increase in four years, following news that they have settled new 3G and 4G license patent agreements with Xiaomi. It’s a relief for the California-based chipmaker, which has seen its stock decline heavily in 2015 over licensing issues and slowing market demand. “We are pleased to reach […]
