Want China Times — Chinese internet video site Leshi TV (LeTV), one of the newer entrants to China’s smartphone sector, has purchased an 18% stake in domestic phone maker Coolpad through a Hong Kong subsidiary. The shares reportedly cost LeTV 2.19 billion yuan (US$353 million), making it the second-largest shareholder in Coolpad, reports Sina’s tech new portal.
India Times — KOLKATA| NEW DELHI: HTC has finalised its ‘Make in India’ plans, becoming the second major global smartphone maker to produce handsets in the country, after South Korean rival Samsung Electronics. The Taiwanese premium smartphone maker has entered into an agreement with Global Devices Network, which set up a manufacturing and assembling unit three months ago in Noida, to make the handsets on contract.
Times of India — BEIJING: Huawei Technologies Co Ltd’s Honor brand has sold 20 million smartphones in the first half of 2015 and by should reach its goal of 40 million shipments by the year end, double the 2014 figure. Honor’s sales amounted to $2.6 billion of revenue during the first half of the year, Honor President George Zhao said at the launch of the Honor 7 phone in Beijing.
China Topix — Korean technology firm Samsung has announced a new technology discovered by its scientists that will allow them to increase the battery life of their phones. Even LG has confirmed to have developed a similar option that will keep the phones working for a longer duration of time. According to a report on The Inquirer, Samsung and LG have confirmed the development of a new technology that will help in extending the battery life of mobile phones.
India Times — As we draw June to a close, a new report from a reliable supply chain source is suggesting that Chinese manufacturer Xiaomi could be looking to ship nearly 35 million smartphones by the end of the first half of 2015, which is roughly in a few days from now. This doesn’t surprise us one bit, given the frequency at which Xiaomi’s devices are sold in India and elsewhere.
Times of India — KOLKATA: Samsung Electronics, the world’s biggest seller of smartphones, is planning its biggest blitzkrieg of launches in India in the next quarter in a bid to fend off local and Chinese rivals in the mid-segment category. The South Korean company will introduce 10 smartphones in the July-September quarter in the Rs 9,000 to Rs 18,000 segment, where it is embroiled in a fierce battle for market share with Micromax Informatics, Lenovo-Motorola and Xiaomi.
Want China Times — With the domestic market increasingly saturated, Chinese handset makers have turned their focus on India with its similarly huge population but it has proved a tough market to crack, according to a technology blog on web portal Sina. Although brands including ZTE, Huawei, Coolpad, Lenovo and Xiaomi have successfully snatched up the medium and low-end market in China from HTC and Samsung, they face tough home-grown rivals in India.
Digi Times — HTC has so far shipped only 4.75 million units of its new flagship smartphone, the HTC One M9, since the model launched in the latter half of March, down 43.75% as compared to shipments of the HTC One M8 during its initial three months, according to a Chinese-language China Business Journal report. HTC’s market value has also declined to around US$2 billion recently compared to its all-time high of US$33.8 billion a few years ago, the paper added.
Times Of India — NEW DELHI/CHENNAI: An old Pepsi building in Sri City in Andhra Pradesh will soon start humming with activity again. That’s where Foxconn Technology Group, the world’s largest contract manufacturer, will make phones for Chinese brand Xiaomi. Foxconn had begun work on the site across from the Tamil Nadu border two months after shutting down the third and last of its plants in that state in February. The Sri City unit won’t be too big — it will make about 10,000 phones a day — but Foxconn has ambitious plans for India that could eventually make the country a key manufacturing base for the company, comparable with China.
MUMBAI: South Korean electronics player LG today said it expects to double market-share in the mobile phone segment to 10% by the year end on increasing smartphone adoption across price bands in the country. “Our target is to double the marketshare in the mobile phone segment to 10% from the current 4-5%,” LG India’s business head (mobile communications) Deepak Jasrotia told PTI. The handset maker which launched its high-end smartphone ‘LG G4′ here today, said that it expects to meet its targets encouraged by the rapid increase in smartphone adoption in the country.
An employee from China-based Huawei revealed that the company is working on the next model of Google Nexus. This news comes amidst rumors that were already indicating at a partnership between Huawei and Google for the upcoming Nexus model. On condition of anonymity, an employee from China-based technology firm has revealed that the firm could be working on the next model of the extremely popular Google Nexus smartphone. The representative confirmed the news in a statement given toIB Times UK.
NEW DELHI: Xiaomi announced a drop of Rs 5,000 on its top-of-the-line Mi 4 smartphone on June 19, four months after its launch. Not to be outdone, Samsung offered a discount of Rs 6,000 on its Galaxy Grand Max but just for one day. These dramatic cuts reflect the intensity of the fight for buyers and the volatile nature of the Indian market, the world’s largest after China. Samsung and Micromax are the top two smartphone sellers in India with a combined share of 48%, although it’s not always clear which one of the two is ahead. But even more hotly contested are the next three slots.
SMARTPHONE penetration will rise 11 percentage points to 73 percent in 2015 in China, driven by higher adoption of smartphones in third- and fourth-tier cities. The growth pace is slower from that of 15 and 22 percentage points in 2014 and 2013 respectively, with penetration in urban areas already at a high level, according to a survey by consumer research firm Nielsen China today.
ZTE, a leading global mobile device maker, revealed that it expects smartphone sales in Russia to triple this year. This was announced on the same day that China’s largest online direct sales company, JD.com, chose ZTE as one of its first partners to sell smartphones on its new e-commerce platform for Russia. “We’re proud to be chosen by JD.com as one of the first smartphone brands to support its e-commerce platform in Russia, a key market for ZTE,” said Jacky Zhang, CEO of Asia Pacific & Commonwealth of Independent States, ZTE Mobile Device.
BKAV initially stated that the first batch of products would be delivered to customers on June 11. However, at the last minute, BKAV said the delivery would come one week later. Do Thu Hang, BKAV’s PR Director, said since there are some changes in upgrading some apps on operating systems in the MADA (Mobile Application Distribution Agreement) signed between Google and OEMs (original equipment manufacturer), BKAV will need more time to update the upgrades. Do Hoai Nam, a technology expert, said he advocates the BKAV decision on delaying the delivery.
TAIPEI: Apple Inc has lost a lawsuit in which it was accused of engaging in anti-competitive practices and will be fined Taiwanese dollars 20 million ($647,124), a Taiwan court said on Wednesday. The island’s Fair Trade Commission had previously levied the fine against the Silicon Valley firm for requiring its major Taiwan telecom partners to receive approval for pricing plans for its wildly popular iPhone series in advance of public release, in violation of Taiwanese law. Apple subsequently counter-sued and lost the suit.
NEW DELHI: In a bid to promote paid apps in India and make it easier for users to buy apps in the country, Google has launched prepaid vouchers that can be redeemed on the company’s Play Store. In a country where may people do not have credit cards and most are wary of sharing their debit and credit card information online, Google has launched a programme that allows users to buy prepaid cash vouchers via stores using cash or any other form of payment accepted by retail stores.
Android One, a budget smartphone project initiated by Google last September, has been hindered due to the fierce competition in the budget smartphone market, especially from Chinese brands, reports Tencent’s tech news web portal. Under the project, Google has partnered with smartphone companies in developing countries. The manufacturers are responsible for hardware manufacturing and sales while Google takes charge of the preinstall and upgrade of Android system and apps. Android One smartphones are mostly priced at under US$100 and use components with a lower performance than more expensive models.
NEW DELHI: Smartphone makers have shifted their focus to devices which support 4G services in India in the lead-up to Reliance Jio Infocomm’s high-speed broadband services launch expected around December this year and Bharti Airtel’s plan to expand its offerings. Global and Indian market leaders Samsung and Apple have launched premium-end 4G devices in the past few quarters, while Chinese counterparts Xiaomi, Meizu, Coolpad, Huawei and recently ZTE are concentrating on the affordable range for better acceptance of 4G devices in India where the service is still at a pretty nascent stage.
NEW DELHI: Chinese device maker Xiaomi has announced a price cut for the 64GB variant of its Mi 4 smartphone. The company which had announced a Rs 2,000 price cut in April has now decided to reduce it further by another Rs 2,000. The Mi 4 64GB is now available at Rs 19,999. The phone was originally launched in February at Rs 23,999. The 16GB variant is available at Rs 17,999. Successor to the Xiaomi Mi 3, the phone features a stainless steel metal frame and a 5-inch full HD display made by Sharp or JDI. It also has changeable plastic back covers.