China February 4

GOOG: 708.01

-18.94
Stock Chart

Voxer is a relatively popular messaging app for Android and iOS, and has long been considered one of the best solutions available for those looking for a great PPT (push-to-talk) experience on mobile. It received a ton of funding a few years ago, and while it never really took off in the mainstream, it’s still being updated even today with new fixes and features for its dedicated group of users. It has somewhere between 10 and 50 million Play Store installs.

George Kola, a software engineer that was most recently Chief Technology Officer of the company for more than a year, has now joined Google according to his LinkedIn profile. While it’s of course possible that Kola could have joined Google on his engineering merit alone and could be working in just about any department within the Mountain View company, it’s still worth asking: Could Google possibly have its eyes on bringing some walkie talkie features to Hangouts?..

expand full story

China February 1

GOOG: 752.00

9.05
Stock Chart

While Canalys reported last year that Huawei overtook Xiaomi to become the biggest-selling smartphone manufacturer in China during Q3, it now says strong Q4 sales enabled Xiaomi to retake the top slot for the year. It says Xiaomi ended the year with a 15.2% market share against 14.7% for Huawei, with Apple following at 12.5%.

The WSJ reports that this view is echoed by rival market intelligence company Strategy Analytics. However, with more Chinese consumers looking to upgrade to mid-range handsets this year, Canalys analyst Nicole Peng believes the positions could be reversed during the course of this year …

expand full story

China January 21

GOOG: 706.59

8.14
Stock Chart

Xiaomi is openly facing increased competition as it missed its 2015 target of selling 80 million phones—the 70 million devices they did sell is a clear miss compared to an optimistic 80-100 million device target. According to a Reuters report, the Chinese company that fashions itself as the Apple of China is now planning new stores in hopes of doubling offline smartphone sales…

expand full story

9to5mac 

China January 11

GOOG: 716.03

1.56
Stock Chart

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 …

expand full story

China December 28, 2015

GOOG: 762.51

14.11
Stock Chart

A Xiaomi device likely to be the Redmi 3 has passed through China’s TENNA regulatory agency and the process has revealed photos and specifications of the upcoming device. The Redmi is the company’s more entry-level smartphone and has specs to reflect that.

expand full story

9to5toys 

Submit a Tip

cancel

Submitting a tip constitutes permission to publish and syndicate. Please view our tips policy or see all contact options.

Powered by WordPress.com VIP
Follow

Get every new post delivered to your Inbox.

Join 76,157 other followers