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Posted inNews

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 […]

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

Chinese Smartphone Company IUNI Cuts 60% Of Staff: Another One Bites The Dust

China’s saturated smartphone market saw another victim on Tuesday, as Chinese media reported the extreme downsizing of domestic smartphone company IUNI, which cut around 60 percent of its staff. IUNI is a wholly owned subsidiary of fellow smartphone vendor Gionee Communications Equipment Co. Ltd. “After this round of layoffs, the only employees left will be product development […]

Posted inNews

Oppo Defies Saturated Market With 50 Million Sales In 2015

Chinese smartphone maker Oppo shipped 50 million smartphones in 2015, exceeding expectations with 67 percent year over year growth. It’s part of a wider reshuffle in China’s smartphone market that saw Xiaomi fall from grace and Huawei take top spot as the country’s largest vendor by shipments. Xiaomi sold just over 70 million, falling well short of their […]

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

Smartisan Hopes to Woo Consumers With a Minimalist New Flagship

This holiday season Chinese smartphone manufacturer Smartisan Technology Co., Ltd. (锤子科技) launched its newest smartphone, the Smartisan T2. The T2 follows Smartisan’s first flagship model, the T1, after more than two years of development. The T2’s exterior is a stripped down, minimalist design. The power button is integrated into the home button and the nano SIM tray […]

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