Why Qihoo’s Coolpad investment is a good idea, but won’t set China’s mobile market on fire #cloud #cloudcomputing

While it may have been overshadowed in the global press by Baidu’s high-profile investment in Uber, make no mistake: Qihoo’s US$400 million partnership with Coolpad earlier this week is a big deal. Qihoo CEO Zhou Hongyi has been interested in getting into the mobile market for years. Qihoo experimented with mobile partnerships repeatedly in 2012, releasing three separate phones with manufacturing partners including Haier and Huawei, but none did particularly well. This week’s investment is a much stronger push, though:

https://www.techinasia.com/qihoos-partnership-coolpad-good-idea-set-chinas-mobile-market-fire/