Tech in Asia — China’s answer to GoPro, a startup called Yi Technology, has raised US$90 million in funding. Gadget maker Xiaomi is among the investors, just as it did for the startup’s series A round, reports the Financial Times. Yi, which is largely unknown outside China, recently received praise for its newest action camera, the Yi 4K, which offers features and specifications comparable to a GoPro costing double its price tag. The Yi 4K is US$249.
China Tech News — China’s Xiaomi cooperated with China UnionPay in launching its payment service MI Pay. With this move, Xiaomi becomes yet another smartphone maker that chas ooperated with China UnionPay in launching mobile payment services, following Apple and Samsung. Prior to this, China’s Huawei also launched its payment service, but Huawei’s partner is Bank of China.
Link to http://www.chinatechnews.com/2016/09/05/24157-xiaomis-online-payment-service-opens-in-china
In Serbia — BELGRADE – Chinese smartphone maker Xiaomi has purchased 1,500 patents from Microsoft, as part of an effort by Chinese companies to acquire intellectual property rights in preparation for expansion into overseas markets. In exchange Microsoft-owned software will be bundled on Xiaomi phones. Ningling Wang, a partner in Shanghai with the law firm Finnegan, Henderson, Farabow, Garrett & Dunner, said the Xiaomi Microsoft deal may indicate that Xiaomi intends to sell phones to American consumers.
BD Live — SINGAPORE — Software maker Microsoft is selling about 1,500 of its patents to Chinese device maker Xiaomi, a rare departure for the US company and part of what the two companies say is the start of a long-term partnership. The deal, announced on Wednesday, also includes a patent cross-licensing arrangement and a commitment by Xiaomi to install copies of Microsoft software, including Office and Skype, on its phones and tablets.
China Tech News — With all the buzz and attention Xiaomi receives, one may expect it to be a dominant force in China’s smartphone world. But latest numbers show Xiaomi isn’t even in the top two of the number of devices recently shipped. During the first quarter of 2016, China’s smartphone shipment reached about 104.9 million units, representing a decrease of 5% compared with the 109.8 million units in the same period of last year.
ZDNet — If you still think Chinese tech companies are only about replicating the innovations that others have made, then you’ve got some catching up to do. Today’s Chinese tech sector is filled with a number of disruptive companies that are not only competing but leaping ahead in the race to build better products and use tech to solve important problems.
9to5 Google — Hugo Barra, a former VP at Google and now Vice President of Global Operations at Xiaomi,has today announced on Twitter that he — or at least the Chinese firm — will be back atGoogle’s upcoming developer conference… While he did confirm that Xiaomi will indeed “be a part of Google I/O”, he only tweeted an image to hint at what will be announced.
ZDNet — Wherever you live on this planet, if you are considering picking up a new smartphone, chances are that you’re looking more kindly towards Chinese manufacturers, especially Huawei, than you were a year ago. While the headline numbers from the latest Kantar Worldpanel ComTech survey show Android gaining at the expense of Windows Phone and iOS, within those numbers lay some interesting trends.
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.
Tech in Asia — A lot of people are asking themselves if they need a smartwatch or if they’re just useless and overpriced phone accessories. Xiaomi’s response is that you really, really do want one – for your kids. Xiaomi today unveiled its smartwatch for children – available in gender normative pink or blue. The Mi Bunny costs US$45.
Digi Times— China-based vendors shipped 128.6 million smartphones globally in the first quarter of 2016, decreasing 20.2% on quarter but increasing 33.3% on year and accounting for 41.5% of the global total, according to Digitimes Research. Of the shipments, 45.6 million units were shipped in overseas markets, slipping 40.7% on quarter but growing 27.3% on year, Digitimes Research indicated.
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.