There were 104.7 million smartphones shipped in the China market during the first quarter of 2016, slipping 11.2% on quarter but growing 20.1% on year and accounting for 33.8% of global total, according to Digitimes Research.
Times of India — India is the focus of Chinese smartphone maker Coolpad as it hopes to grab 5% share of the country’s smartphone market by the end of 2016. Li Bin, Group CEO at Coolpad, tells ET’sGulveen Aulakh that the company will make more investments in India this year than even its home market. Having launched its first India-made phone, Note 3 Lite, in partnership with Videocon, the company is considering Bengaluru as the location for its R&D centre.
Times of India — NEW DELHI: Mobile phone industry players of India and China will deliberate on cooperation opportunities to enhance handset manufacturing eco-system in the country. “Chinese companies are keen to participate in the ‘Make in India’ campaign and establish mobile handset & component manufacturing facilities here,” Mobile World (Shoujibao) Shenzhen Founder & CEO Wu said in a statement.
Digi Times — China-based white-box smartphone vendors, under increasing competition from vendors including Huawei Device, Lenovo, Xiaomi Technology and Coolpad as well as Samsung Electronics and LG Electronics, have reduced ex-factory quotes, according to Taiwan-based supply chain makers. Quotes for a 5-inch white-box smartphone, for example, have reached as low as US$35, the sources said.
Want China Times — Faced with increasingly acute competition, Lenovo, China’s leading IT firm, will have its mobile communications division, except for the operations of its Zuk smartphone brand, incorporated into Motorola, which it acquired in early 2014, Lenovo Mobile president Chen Xudong said on Aug. 27. The decision is in line with the strategy of the new CEO focusing on a few select models in order to survive the cut-throat competition on the market, according to the Chinese-language Beijing Daily.
Digi Times — China government-developed Zhengzhou Airport Comprehensive Economic Experimental Zone (ZACEEZ) in northern China has a cluster of nearly 70 handset supply chain makers currently and is set to replace Shenzhen in southern China to become the largest handset production base in the world, according to Taiwan-based handset supply chain makers.
China Tech News — Coolpad Group’s board of directors says it received a notice from controlling shareholder Data Dreamland, which sold an 18% stake in Coolpad to Letv’s subsidiary Leview Mobile HK Limited on June 27, 2015. Data Dreamland agreed to sell 780.38 million shares, which accounts for 18% of total issued equity of Coolpad, at the price of HKD3.508 per share.
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.
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.
Search engine Google is reportedly in talks with Chinese phone makers on introducing its Play app store to the country, where the mobile market has recorded explosive growth, according to Shanghai’s China Business News. Sources told the newspaper that three of China’s six major handset makers–ZTE, Huawei, Coolpad, Lenovo, Vivo and Oppo–received offers from Google, which would pay US$1 for each phone that is pre-installed with a version of Google Play. “For Chinese handset makers that post thin margins, a subsidy of 6 yuan (US$1) is a lot,” said Wang Yanhui, director of Mobile China Alliance.
HONG KONG: The most important market for Chinese smartphone makers may no longer be China. For years, hundreds of millions of Chinese have bought new smartphones. In the process, they lifted the fortunes of local handset makers, from the well known like Huawei and Lenovo to the obscure like Coolpad and Gionee. But the era of fast growth is coming to an end in China, where the research group IDC said that phone sales fell 4% in the first quarter from a year earlier, the first contraction in six years. IDC expects no growth in China’s smartphone market in 2015.
Chinese smartphone maker Coolpad is set to enter the fast-growing Indian market this month, selling its Dazen brand of affordable devices online and taking on the likes of Xiaomi and Motorola, which have struck it rich by offering their products on websites. Shenzen-headquartered Coolpad, which makes its own devices, intends to set up a research & development centre, likely in Bengaluru, and build a phone manufacturing unit in India to cater to the local market as it estimates demand from the online consumer segment to rise exponentially, helping it to become the market leader in the online-only segment.
A mobile operating system (OS) is likely to be the first product launched under the partnership of online security firm Qihoo 360 and handset maker Coolpad, the Shanghai’s China Business News reports. Coolpad executive vice president Li Wang told reporters Thursday that his company and Qihoo 360 have assembled their top talent to develop new handsets and that their 360 OS will be unveiled soon.
Qihoo 360 has invested USD409.05 million to create a joint venture with Coolpad. The joint venture, which is 45% owned by Qihoo 360, will be responsible for the design, manufacturing, and sales of mobile terminal products such as mobile phones. Taking the Internet as its major sales channel, the joint venture will use Coolpad’s experience in smartphone design, manufacturing, supply chain management, and post-sales services as well as Qihoo 360’s mobile application development and online marketing capacities.
Coolpad, the world’s sixth largest smartphone manufacturer, installed a back door that allows the company to install applications, send alerts, and monitor communications without user knowledge or approval. According to Palo Alto Networks, which discovered the security flaw, the “CoolReaper” backdoor has been found on 24 Coolpad phone models sold in China, adding up to over 10 million devices.
Researchers at Palo Alto Networks have released a new report which says that many of the phones manufactured by Chinese handset maker Coolpad are being shipped with a serious security flaw. According to the report, most of the Coolpad phones researchers tested contained a backdoor (they call it “CoolReaper”) that allowed the phone’s software to autonomously do things like:
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:
China-based vendor Coolpad will launch Dazen F2, an Android 4.4.4 smartphone supporting 1,800MHz 4G frequency band, in the Taiwan market at a contract-free retail price of NT$5,490 (US$177) on December 9, according to Coolpad Taiwan. Dazen F2 features Qualcomm Snapdragon 615 MSM8939 64-bit 1.5GHz 8-core processor, a 5.5-inch 1,280×720 IPS touch screen, 2GB RAM and 16GB ROM, a 13-megapixel rear camera and a 5-megapixel front camera, dimensions of 154.5 (H) by 78.0 by 8.6 (D)mm and a weight of 154.4g.
Major China-based handset vendors including Coolpad, Lenovo and Xiaomi Technology are unlikely to reach their shipment goals set for 2014 due to slow sales of 4G models in the third quarter and gloomy prospects for the fourth quarter, according to Digitimes Research. The conclusion comes after Digitimes Research researchers and analysts made a visit to dozens of upstream and downstream makers in China’s handset supply chain during the August-September period.
After visiting China’s smartphone industry in August and September, Digitimes Research found that demand for 4G smartphones in China did not rise as expected and most vendors’ domestic shipments did not achieve any growth. Digitimes Research estimates that even if China’s top-three telecom carriers strengthen their promotions for the fourth quarter, vendors that focus mainly on domestic shipments such as CoolPad, Lenovo and Xiaomi, are still unlikely to achieve their shipment targets for 2014.