Xiaomi recently announced that it aims to save us from the high temperatures with a new air-conditioner. The AC unit—made in cooperation with Chinese electric appliance manufacturer Changhong (长虹)—just passed the national quality certification test (in Chinese). This is the second time Xiaomi has made a foray into air conditioning, the first being marked by controversy. In […]
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Qualcomm signs up to $12bln deal with China’s top smartphone brands
The high-stake visit of US president Donald Trump to China has recorded positive results today as the US smartphone chip maker Qualcomm announced non-binding memoranda of understanding (MoU) with three of China’s top smartphone makers: Xiaomi, OPPO and vivo. Each of the companies expressed a non-binding interest in the purchase of components with an aggregate value […]
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Q2 2017: Xiaomi regains market share, Apple continues to lose ground
Sales of China’s domestic smartphone market continues to grow, but the spoils of the increase are not going to international brands like Apple and Samsung. Instead, domestic smartphone makers are gobbling up 87% of the smartphone shipment in Q2 2017, according to a new report from research firm Counterpoint. The top four Chinese brands—Huawei, Oppo, Vivo, […]
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Chinese smartphones increasing market share in India in Q3: report
India’s market has become another battlefield for China’s mobile phone manufacturers. The second largest market after China showed 36 million units of smartphone sales, a 7% increase YoY. Four of China’s companies are putting greater pressure on Samsung, according to an Indian smartphone market third-quarter report released by Yonhap news agency on Sunday. The report […]
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TechNode’s cheat sheet: Who is who on TechCrunch Shanghai
TechCrunch Shanghai is coming with a line up of great speakers from multiple verticals, side stages on blockchain, biotech, new retail, and smart supply chains, as well as hackathons, VC meetups, Chinaaccelerator Demo Day, and something special for the kids. Of course, we know that you are too busy to scan through the entire programme, so […]
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Three keys for Asian startups to go global
We are seeing Asian startups expanding globally. This year, most notably Chinese bike rental companies Mobike and Ofo have expanded to Asian, North Americna and European markets. Chinese smartphone manufacturers Huawei and Xiaomi have been also successful in expanding to Southeast Asia and India. So what are the keys for Asian startups to go global? […]
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With new funding, Tiger Brokers paves path for Chinese to invest in overseas stock markets
While domestic stock market is still characterized by extreme volatility, an increasing number of Chinese investors flock to overseas capital markets in seek of more opportunities. As one of the startups that want to capitalize on this trend, Tiger Broker offers online stock brokerage services to global Chinese retail and institutional investors. The startup announced today that […]
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Domestic producers clean up as air purifier market on track to pass RMB 100 billion
The market for air purifiers in China is predicted to pass the RMB 100 billion mark ($15 billion) this year, with existing electronics brands moving into the sector as well as suppliers of the technologies involved expected to benefit as the market heads towards RMB 300 billion by 2020. A German company is part of […]
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Chinese brands take 4 places out of top 5 mobile brands in India
Xiaomi, Oppo, Vivo, and Lenovo are among the top five mobile brands in India, but Samsung continues to rule India’s smartphone shipments with a 25 percent market share, according to new figures from market research company Canalys. “With China suffering its own decline this quarter, India is a market of huge strategic importance to Chinese […]
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Beijing opens whole subway system to mobile phones
From now on, all Beijing subway lines will support NFC-enabled mobile phone entrance. The passengers no longer need to use public transport cards or tickets, and can just swipe their phone to enter the subway, Chinese media Beijing Youth Daily is reporting. Smartphones installed with NFC (near-field wireless communication) module can support the public transport […]
