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 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, […]
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TechNode’s Top 10 “Other” Stories of 2016
It’s official: 2016 is finally over. From celebrity deaths to surpise elections, no one could have predicted how it went. That certainly is true for us at TechNode as well. After delving into our top posts for many different verticals, we all agree that 2016 was disappointing, unpredictable, but also amazing in it’s own way. […]
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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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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 […]
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Xiaomi Phones Went On Sale In The US This Week – For One Day
Xiaomi fans in the US were pleasantly surprised by announcements this week that Mi phones would be immediately available via US-based virtual carrier US mobile on Monday. The phones were on sale for less than 24 hours however, before being removed from the store. US Mobile, backed by T-Mobile, advertised that they were the first legitimate US […]
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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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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 […]
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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 […]
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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 […]
