China, the world’s largest semiconductor market, is highly reliant on foreign technology and aims to make 70% of the chips it uses by 2025.
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Posted inTurf Wars
Huawei to fall to seventh place in 2021 global handset rankings: report
Huawei is losing its status as a smartphone powerhouse in 2021, with a smartphone shipment forecast putting it in seventh place among global vendors.
Posted inHeavy Hitters
Two sessions 2022: 5 Chinese tech leaders weigh in
The annual meetings of the National People’s Congress (NPC) and the advisory Chinese People’s Political Consultative Conference (CPPCC) being held this week are most important for the windows they provide into the government’s economic targets and policy priorities in the coming year. But the so-called “two sessions” meetings also enable some top private enterprise executives who are […]
Posted inHeavy Hitters
Xiaomi spins off Poco, its Indian smartphone brand
Xiaomi began implementing a multi-brand strategy in 2018 in a bid to target different user segments and drive growth.
Posted inHeavy Hitters
Xiaomi has started testing its virtual bank Airstar in Hong Kong
Xiaomi-backed virtual bank Airstar will begin piloting its services in Hong Kong, and plans to formally launch later this year.
Posted inThe Numbers
Xiaomi says production almost back to normal, warns of overseas handset demand
Xiaomi is selling the idea that smartphones are necessary goods and idemand will bounce back after the pandemic is over.
Posted inHeavy Hitters
More Chinese tech companies see potential growth in fictional short video series
Major Chinese tech companies like Xiaomi and Baidu are increasing their offerings in fictional short video series, an area in which established short-video platforms Douyin and Kuaishou excel. These short dramas are typically low-budget, under 10 minutes per episode, made for verticle viewing and target mobile users. Many of these short video dramas are adapted […]
Posted inHeavy Hitters
Xiaomi to set up consumer finance firm in Chongqing
Xiaomi is looking to expand its consumer finance offerings both in China and abroad as growth slows for its core smartphone business.
Posted inOn the Cusp
India accuses Oppo of evading $550 million in import tax
On Wednesday, the Indian government accused Chinese smartphone maker Oppo of evading $550 million in import taxes.
Posted inHeavy Hitters
Xiaomi wants to be exempted from an e-commerce ban in India
Chinese handset makers including Xiaomi and Realme are asking the Indian government to list smartphones as an essential commodity so that they can be sold on e-commerce platforms during the nationwide lockdown in India. Why it matters: India is one of the most important overseas markets for many Chinese smartphone makers, and a 21-day national lockdown […]
