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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

The Modern Chinese Consumer: 3 Things You Should Know

While the world watches China’s slowing economy with anxiety-filled anticipation, Chinese consumers are largely optimistic and willing to spend, according to a new report released last Friday by consulting firm McKinsey. The report, which surveyed 10,000 people across 44 cities in China, found that more than half of Chinese consumers were confident that their income […]

Posted inNews

Xiaomi MIUI App Store Surpasses 20 Billion Downloads

After regaining the top spot in China by shippments, smartphone giant Xiaomi has marked another milestone, this time with their software. MIUI, the customized Android ROM by Xiaomi, announced that app downloads through its built-in app store surpassed 20 billion as of June this year. It’s good news for the Chinese smartphone maker which posted growth figures […]

Posted inNews

Yet Another Patent War Is On: Huawei Sues Samsung Over Infringements

Huawei Technologies announced on Wednesday that it has filed lawsuits against Korean rival Samsung over alleged patent infringements in the U.S. and China. The dispute mainly relates to Samsung’s alleged unlicensed use of Huawei’s 4G technologies, operating systems, and user interfaces in their smartphones, according to the Chinese smartphone maker. Although the lawsuit was only […]

Posted inNews

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 […]

Posted inEvents

Highlights Of The TechCrunch Shanghai 2016 VR Summit

China’s virtual reality market could be worth $80 billion USD by 2025, which is why we added a whole extra day to TechCrunch Shanghai 2016, organized by Technode, dedicated especially to developments in VR. Alongside fourteen superb panels and keynotes, we also invited a handful of headset and content makers from across Asia to give us a […]

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