Digi Times — Xiaomi Technology will invest US$25 million in India-based digital entertainment content provider Hungama, in a bid to integrate Hungama’s content with its smartphones launched in India, according to a China-based tech.qq.com report. Other investors taking part in the Hungama’s current round of capital expansion project include Intel Capital, Bessemer Venture Partners as well India-based venture capitalist Rakesh Jhunjhunwala, said the report.
China Tech News — Chinese smartphone phone maker Xiaomi held a press conference in Beijing and announced that the company launched its new “ecological chain” brand Mijia. Lei Jun, chief executive officer of Xiaomi, explained that Mijia is the abbreviation of Xiaomi smart home in Mandarin Chinese, and it marks the realization of Xiaomi’s smart home strategy.
Times of India — Xiaomi has made its first investment in India, leading a $25 million (Rs 170 crore) funding round into Hungama Digital Media Entertainment, an aggregator and publisher of entertainment content on the internet. Xiaomi, which will invest along with Hungama’s existing investors Intel Capital, Bessemer Venture Partners and Rakesh Jhunjhunwala, will pick up a minority, but undisclosed, stake in the Mumbai-based company.
Times of India — NEW DELHI: Chinese smartphone maker Xiaomi has officially launched the Redmi 3 Pro. The company has priced the device at $138 and will be available in gray, silver and gold colour options. The smartphone flaunts a full-metal magnesium alloy unibody design and packs a massive 4,100 mAh battery. It has hybrid sim support which enables users to use secondary nano sim slot as a microSD card slot.
Tech in Asia — Nearly two-and-a-half years after gadget maker Xiaomi first unveiled a bunch of smart home gizmos, the Chinese firm is selling them outside its home country for the first time. The first one to venture overseas is the Mi Air Purifier, which Xiaomi first debuted at the end of 2014 in China. The smart air filter is now for sale in Singapore, a Xiaomi spokesperson tells Tech in Asia, in an official tie-up with a retailer in the city-state. The Mi Air Purifier is now added to Xiaomi’s Singapore website, though it’s not available to buy online.
Tech in Asia — If you’re a smartphone company – even a big, successful one – looking to get into the Chinese market with your own mobile payments system, here’s a piece of advice: don’t. Over the last month, we’ve seen Apple Pay, Samsung Pay, and even Huawei Payenter mainland China. There are reports that Xiaomi, ZTE, and Lenovo are working on their own services as well.
Times of India — Seems a new variant of Redmi 3 smartphone with fingerprint scanner is in the works. According to a report in GSMarena, a smartphone with specs identical to Redmi 3 have been spotted on TENAA’s website. The key specifications revealed by the listing on the website include a 1.5GHz octa-core CPU, 5-inch display with 720p resolution and 2GB RAM.
Digi Times — Qualcomm is likely to dominate the application processor market for high-end Android smartphones in the first half of 2016, powered by its Snapdragon 820 chips, according to industry sources. Qualcomm has been promoting its Snapdragon 820 chips since the second half of 2015 and has won adoption from Samsung Electronics, LG Electronics, Sony Mobile Communications, HTC and China-based vendors Xiaomi Technology, Vivo and LeTV, the sources indicated.
China Tech News — Apple made big news last week when its mobile payment service Apple Pay entered China. But China’s upstart mobile phone brand Xiaomi is fighting back. China’s Xiaomi acquired a 65% stake in Jiefu Ruitong, a Chinese third-party payment service provider for an undisclosed sum. Jiefu Ruitong reportedly completed an equity change on January 20, 2016, but it’s only now that the full information about the deal is hitting the media.
Asia Golf Online — Reporters visit the first Xiaomi store opened in Taipei, southeast China’s Taiwan, Aug. 6, 2015. Beijing boasts the world’s second-largest number of most valuable tech startups, showcasing its advance in the sector. The number of so-called unicorn companies－tech startups valued at more than $1 billion each－has reached 40, second to Silicon Valley in the United States.
Times of India — NEW DELHI: Xiaomi has unveiled its Mi 5 smartphone, the company’s flagship model for 2016, at its first appearance at Mobile World Congress. Among the key features of the new smartphone include materials like metal and ceramic, Snapdragon 820 chipset, brighter screen, and better camera. Like last year’s Mi 4 model, the new Xiaomi Mi 5 has a 5.15-inch screen that is 30% brighter.
Global sales of smartphones totaled 403 million units in the fourth quarter of 2015, a 9.7% increase over the same period in 2014, according to research agency Gartner. However, this was their slowest growth rate since 2008. In 2015 as a whole, smartphone sales reached 1.4 billion units, an increase of 14.4% from 2014. In the fourth quarter of 2015, Samsung and Huawei were the only two top-five smartphone vendors to increase their sales to end users. Apple suffered its first decline in sales of smartphones — iPhone sales were down 4.4%.
Telecom Asia — China’s smartphone shipments grew 8% year-on-year to a record 117.3 million in the fourth quarter, despite the ongoing slowdown in the market, IDC has estimated. The solid fourth quarter results helped shipment growth reach 3% for the full year, the research firm said. Huawei was the biggest winner in the fourth quarter with both the biggest gain in shipment growth and in average selling prices.
SCMP — Unfazed by a lingering economic slowdown, China is on pace to overtake Japan this year as the world’s second-largest market for information technology goods and services, behind the United States. Business and government expenditure on technology, including telecommunications services, in mainland China is forecast to reach US$224 billion this year, compared with US$203 billion in Japan, according to new data from Forrester Research.
Digi Times — Shipments of smartphones in China grew 11.5% sequentially to 119 million units in the fourth quarter of 2015, buoyed by an increase of 54.5 million new 4G/3G service subscribers due to preferential packages launched by China Mobile, according to Digitimes Research.
Tech in Asia — It may be a new year, but here’s a familiar story: Chinese internet security giant Qihoo 360 is having a spat with a competitor. This time, it’s Xiaomi that finds itself in the crosshairs after removing all of Qihoo’s apps from its app store.
Tech in Asia — Xiaomi’s new Redmi 3, announced today, packs a 5-inch display, Qualcomm Snapdragon 616 processor, giant 4100mAh battery, and 13-megapixel camera into one all-metal package: and will retail for just US$107. The phone will also sport a dual SIM card slot and expandable SD storage.
Digi Times — To strengthen its partnership with China-based Xiaomi in the mobile device market, Intel has provided special deals to the China-based vendor. For every notebook processor Xiaomi purchases, Intel is giving away a free tablet processor, according to sources from the upstream supply chain.
Tech in Asia — Today at the World Internet Conference in Wuzhen, Xiaomi CEO Lei Jun dropped a few surprising quotes. Namely, he debunked the idea that a smartphone company’s number-one goal is, well, selling smartphones. “Xiaomi does not emphasize goals such as smartphone sales anymore,” he said during an onstage interview that was transcribed by the official MIUI blog. “I want to get rid of traditional key performance indicators,” Lei Jun added.
Venture Beat — Nearly every American is familiar with Apple, the crown jewel of technology firms, but it’s just as likely they’ve never heard of a company dubbed the “Apple of China”: Xiaomi. On the surface, the two companies have opposing strategies; Apple products sell for a premium at industry-leading margins, while Xiaomi targets budget-conscious consumers by charging little more than their production costs.
Tech in Asia — Xiaomi’s latest tablet, the Mi Pad 2, is thinner than its predecessor, features a full-metal body, and will even be capable of running Windows 10, the company announced at an event today in Beijing. The Mi Pad 2 will be available with 16 and 64 gigabytes of storage, and features a 7.9-inch screen, an Intel X5 quad-core processor, and USB type-C charging.
Tech in Asia — Although we don’t have a total number for the entire country yet, it seems certain that yesterday was the biggest online shopping day in the history of the world. (If that sounds hyperbolic, go read about how much Alibaba sold). But what were people actually buying? Xiaomi stuff, apparently. Of course, people buy tons of things on Singles Day. But the Chinese smart hardware startup has announced that Xiaomi was the number one overall vendor on Alibaba’s Tmall platform for the third year straight.
Digi Times — China had 1.3 billion mobile communication service subscribers as of the end of September 2015, growing 0.28% sequentially and 2.14% on year. Of the subscribers, 427.41 million (32.88%) and 302.39 million (23.26%) used 3G and 4G services respectively, and 948.07 million (72.94%) were mobile Internet-access users, according to China’s Ministry of Industry and Information Technology (MIIT).
Digi Times — Shipments of smartphones in the China market grew 11.2% sequentially to 101.2 million units in the third quarter of 2015, buoyed by an increase of 59.8 million new subscribers for 3G/4G services in the quarter, according to Digitimes Research. Apple ranked as the largest smartphone vendor in China in the third quarter, followed by Huawei, Xiaomi Technology, Vivo and Samsung Electronics.
Tech in Asia — Has the magic finally worn off? Is Xiaomi suffering the effects of China’s economic slowdown? Call it what you will, but as we move into the final quarter of the year, things aren’t looking great for Xiaomi. The company appears to be on track to miss even the low end of its yearly smartphone sales goal.
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.
Times of India — KOLKATA: Xiaomi, China’s leading smartphone maker, plans to ramp up sales in India through its own e-commerce site, although it has no immediate plans to trim offerings with retail partners Flipkart, Amazon and Snapdeal, a top company executive told ET. “Xiaomi is keen to sell more products in India through Mi.com and grow its e-commerce business,” Manu Jain, India operations head, told ET.
Digi Times — China-based smartphone vendor Xiaomi reportedly is planning to launch a notebook in 2016 and is currently developing the device jointly with its ODM partners Inventec and Foxconn Electronics (Hon Hai Precision Industry). So far, the notebook’s mass production schedule has yet to be confirmed, according to sources from the upstream supply chain.
Want China Times — After entering emerging markets such as India and Brazil, leading Chinese smartphone maker Xiaomi is gunning for the African market as early as September, reports the Shanghai-based China Business News. Xiaomi reportedly will introduce the Xiaomi 2 and 4 smartphones to African counties, priced at US$160 and US$320, respectively.
Want China Times — The growth of leading Chinese smartphone manufacturer Xiaomi has been slowing down as the country’s smartphone market becomes saturated and domestic rivals Huawei, Meizu and Lenovo catch up with innovative models and diversified sales channels, reports the Guangzhou-based 21st Century Business Herald. Xiaomi sold 34.7 million handsets in the first half of the year, 33% growth over the same period last year.