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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 […]

Posted inNews

Huawei Celebrates The New Year By Boosting Sales Expectations

While many Chinese smartphone vendors are looking to 2016 for a reprieve from dwindling smartphone demand, Huawei Technologies Co. is ringing in the New Year with some better news. The company said on Thursday that their 2015 revenue is expected to rise 35.5% over the previous year, significantly higher than a prediction release earlier this year of 20%. The Shenzhen-based […]

Posted inNews

Yet Another Patent War Is On: Huawei Sues Samsung Over Infringements

Huawei Technologies announced on Wednesday that it has filed lawsuits against Korean rival Samsung over alleged patent infringements in the U.S. and China. The dispute mainly relates to Samsung’s alleged unlicensed use of Huawei’s 4G technologies, operating systems, and user interfaces in their smartphones, according to the Chinese smartphone maker. Although the lawsuit was only […]

Posted inNews

Xiaomi Teams Up With Foxconn To Make Phones In India

Xiaomi launched its first phone entirely assembled in India yesterday, the Redmi 2 Prime. The company has paired up with manufacturer Foxconn, who recently announced a $5 billion USD investment in new manufacturing facilities in western India. The phones were assembled in a current Foxconn factory, and retail at just over $100 USD, (6,999 INR). Xiaomi recently regained their top […]

Posted inNews

Xiaomi Users Like History, iPhone Users Like Cars: What Your Smartphone Says About You

Brand is identity; from our sneakers to our coffee cup, we like to make sure our logos line up with our egos. And it’s especially true of the coveted digital sidekicks to China’s growing middle class; the smartphone. We know iPhones now outweigh other brands in China’s top tier cities, while Android still reigns dominant countrywide with homegrown startups like Xiaomi […]

Posted inNews

Local Rivals Bite Into iPhone’s Market Share In China

Having an Apple device is synonymous with being wealthy and fashionable for many Chinese people. And while the mindset remains, a declining number of customers are willing to pay the price, and local competitors are lining up to offer comparable alternatives at a more affordable price. This is evidenced by the iPhone’s sinking market share in China, a market of huge strategic importance […]

Posted inNews

Chinese ‘Hoverboard’ Startup Raided By US State Marshals At CES

China is working hard to throw off a reputation for copycat hardware, but a public showdown between U.S. authorities and a Chinese company at CES this week didn’t help. U.S. Federal Marshals reportedly raided the booth of a Chinese electric skateboard startup at the Consumer Electronics Show (CES) in Las Vegas on Thursday, seizing a number of the one-wheeled products. […]

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