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 […]
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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-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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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 […]
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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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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 […]
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ZTE’s Plan for 2016: Boost Brand Loyalty by Involving Users in Product Development
Chinese telecoms equipment and smartphone supplier ZTE will use 2016 to build brand loyalty and brand awareness by consolidating their smartphone portfolio and involving consumers in the product development process. “We are shifting to a model where we are working directly with the consumer and trying to build the ZTE brand with the consumer,” says […]
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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 […]
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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 […]
