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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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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 […]

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Xiaomi Could Now Be Your Next Mobile Carrier

Diversifications seems to be the buzz word down at the Xiaomi office these days, with the Chinese smartphone giant looking into almost any potential revenue stream to stave off woes over a slowing smartphone market. Their latest venture? Becoming a mobile operator.  Right off the back of the Mi 4c launch, the company has released […]

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Live from TechCrunch – How can a foreign hardware company enter China?

Shenzhen, the Silicon Valley in China, is becoming a must-destination for the foreign hardware startups to start their business. On the other hand, Chinese startups are starting from Shenzhen and expanding to global markets, such as educational robot kit Makeblock, drone maker DJI, and smartphone manufacturer Huawei. In the panel “Startup in Shenzhen”, Benjamin Joffe, Partner […]

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Xiaomi Released MIUI 7 Global Stable Build Today

Global smartphone manufacturer Xiaomi has just announced global stable build MIUI 7 today. The users will be able to receive the update over-the-air (OTA) on phones via the updater app. MIUI 7 is available as a simple download on most of Xiaomi’s devices, including Mi 3, Mi 4, Mi Pad, Mi Note, Redmi 1S 3G, Redmi […]

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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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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 […]