Surprisingly few smartphone makers used CES as a platform to announce, or even tease, new Android products this year. Arguably, only Huawei took the opportunity to show off its new products at the biggest US-based trade show this year. With that said, Mobile World Congress is shaping up to be really busy this year. The conference kicks off at the end of next month, and many manufacturers are expected to unveil their spring/summer portfolios at the Barcelona event. Sony being one of them…
Investors are “beginning to question” Xiaomi’s $46B valuation after the company reportedly failed to hit its sales target of 80M smartphones in 2015, reports the WSJ. That target was itself reduced from 100M last summer, and the company has also not yet delivered on its promise of substantial revenue from Internet services.
Xiaomi has faced tougher competition from more established brands like Huawei.
Huawei’s engineering strength and brand image, built up over decades, make it difficult for Xiaomi to compete in China, analysts say.
“The competition in China’s smartphone market has intensified tremendously this year,” said a Xiaomi spokeswoman, who declined to comment on the company’s valuation or say whether it met its 2015 sales target.
Huawei comfortably overtook Xiaomi to become the Chinese market leader in October of last year …
Having been teased by the manufacturer a few days ago, the new Redmi 3 has finally been unveiled by Xiaomi. The company took to its Facebook page to announce the new phone this morning. As with all things made by Xiaomi, it punches well above its price-point, offering a premium look and feel combined with decent specs, at an affordable price…