Posts tagged ‘Xiaomi Tech’

04/12/2015

China’s Tech Industry Is as Male-Dominated as Silicon Valley – China Real Time Report – WSJ

When Chinese President Xi Jinping met with top U.S. and Chinese technology executives in Seattle two months ago, they posed for a now-famous group photo. But one thing was missing: women from China.

As WSJ’s Li Yuan writes in her “China Circuit” column: This defies the conventional wisdom in China that compared with Silicon Valley, China’s tech industry has less of a gender-inequality problem. True, women accounted for nine out of 30 Alibaba partners when it went public in 2014. Both Alibaba and Baidu’s chief financial officers are women. Some of China’s most prominent venture capitalists are women, too.

But the group photo attests to what is really happening behind the success stories: China’s tech industry is as male-dominated as that of Silicon Valley. And unlike the debate and discussions taking place in Silicon Valley about gender inequality, China’s tech industry has yet to acknowledge the problem. With the​tech sector becoming the brightest spot in a sluggish economy, women risk losing out in the competition for the best-paying jobs and the best opportunities to start their own businesses.

Source: China’s Tech Industry Is as Male-Dominated as Silicon Valley – China Real Time Report – WSJ

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12/08/2015

India’s Smartphone Market Is Booming – Especially at the Low End – India Real Time – WSJ

Xiaomi Corp., which announced Monday that its some of its phones are now being assembled at a factory in India, isn’t the only Chinese smartphone maker with its eye on the subcontinent.

With the Chinese economy slowing and demand for smartphones picking up in India, Chinese handset makers including Lenovo Group Ltd.0992.HK +1.70%, Huawei Technologies Co. and Gionee Communication Equipment Co.  are looking to produce and sell more phones in the world’s second-most-populous nation.

But Indian consumers prefer cheaper phones than their Chinese counterparts. Roughly half of smartphones sold in India for the three months ended in June cost less than $100. In China, these low-end smartphones accounted for about 20% of the market over the same period, according to research company International Data Corp. IDC predicts the average selling price of Indian smartphones will fall to $102 in 2018 from $135 in 2014.

The $100 Galaxy J1 and other inexpensive handsets drove sales for Indian smartphone market-leader Samsung Electronics Co.005930.SE 0.00%, helping to increase its share of sales to 23% of the smartphones sold during the quarter ended June 30. In other markets, including China, sales are driven by its flagship Galaxy S6 and Galaxy S6 Edge, which sell for around $600 and $700, respectively, in the U.S.

Smartphone penetration is growing rapidly. While Internet penetration levels in India resemble China’s numbers from six years ago, smartphone penetration is only four years behind, according to a Credit Suisse report. The skyrocketing growth has even caught the attention of Apple Inc.AAPL -5.49%, which recently started offering financing to make its iPhones more accessible to Indians.

That might be bad news for smartphone manufacturers who operate on already razor-thin margins, but it’s potentially good news for Indian consumers and the Indian economy.

It also helps explain why contract manufacturing giant Foxconn says it intends invest billions of dollars setting up factories in India, and why Xiaomi recently announced its first made-in-India smartphone, the $107 Redmi 2 Prime. Changes to tax rules now make it cheaper to manufacture electronics in India. It also shortens the supply chain, meaning phone-makers can get their products to consumers faster and reduce inventory costs.

via India’s Smartphone Market Is Booming – Especially at the Low End – India Real Time – WSJ.

10/08/2015

China’s Xiaomi to Make Smartphones in India – India Real Time – WSJ

Chinese smartphone maker Xiaomi Corp. will begin manufacturing phones in the southern Indian state of Andhra Pradesh, according to the state’s highest elected official.

A tweet from the verified account of N. Chandrababu Naidu, the state’s chief minister, said Xiaomi would announce the move today.

Xiaomi’s move follows Taiwanese contract manufacturer Foxconn’s announcement Saturday that it plans to spend $5 billion on factories and research and development in the western state of Maharashtra. Foxconn, known officially as Hon Hai Precision Industry Co. assembles Apple Inc. iPhones and as well as most of Xiaomi’s phones. Foxconn has a plant in Andhra Pradesh.

The Indian government amended its customs rules recently to make it more attractive to make electronic goods in India, as it seeks to boost manufacturing, create jobs and reduce reliance on expensive imports from China.

via China’s Xiaomi to Make Smartphones in India – India Real Time – WSJ.

25/02/2015

China drops leading technology brands for state purchases | Reuters

China has dropped some of the world’s leading technology brands from its approved state purchase lists, while approving thousands more locally made products, in what some say is a response to revelations of widespread Western cybersurveillance.

A Cisco logo is seen at its customer briefing centre in Beijing, November 14, 2013. REUTERS/Kim Kyung-Hoon

Others put the shift down to a protectionist impulse to shield China’s domestic technologyindustry from competition.

Chief casualty is U.S. network equipment maker Cisco Systems Inc (CSCO.O), which in 2012 counted 60 products on the Central Government Procurement Center’s (CGPC) list, but by late 2014 had none, a Reuters analysis of official data shows.

Smartphone and PC maker Apple Inc (AAPL.O) has also been dropped over the period, along with Intel Corp‘s (INTC.O) security software firm McAfee and network and server software firm Citrix Systems (CTXS.O).

The number of products on the list, which covers regular spending by central ministries, jumped by more than 2,000 in two years to just under 5,000, but the increase is almost entirely due to local makers.

The number of approved foreign tech brands fell by a third, while less than half of those with security-related products survived the cull.

An official at the procurement agency said there were many re

via Exclusive: China drops leading technology brands for state purchases | Reuters.

26/10/2014

Samsung’s China Smartphone Problems Come to India – Businessweek

And you thought iPhones were popular. At 2 p.m. on Oct. 14, Xiaomi put 100,000 of its Redmi 1S smartphones up for sale in India, using local e-commerce site Flipkart to sell them, unsubsidized, for 5,999 rupees ($98) apiece. Within four seconds the phones sold out. Such Flipkart flash sales have become weekly events since China’s Xiaomi entered India in July. “It’s the most important market for us after China,” says Hugo Barra, the Google (GOOG) alumnus now in charge of Xiaomi’s international expansion. Indians “are without a doubt the most demanding users that we have encountered.”

Xiaomi CEO Lei Jun

Consumers in India bought 44 million smartphones last year, close to 200 percent more than they did the year before. Four-year-old Xiaomi, which sells the most popular smartphones in China, has made 2014’s splashiest entrance into India’s phone market. Other companies have also sought to gain market share, especially in the peak holiday shopping season leading up to the nationwide Diwali festival on Oct. 23. Huawei (002502:CH) began selling its Honor Holly smartphone on Flipkart for $115 on Oct. 16. Motorola, which Lenovo (992:HK) has agreed to buy from Google, had 5 percent of the market in the second quarter, up from almost nothing a year ago, thanks to sales of its Moto G ($164 on Flipkart). Models from Chinese phone makers Gionee and Oppo start at $86 and $130, respectively.

via Samsung’s China Smartphone Problems Come to India – Businessweek.

22/10/2014

Google’s Big Plans for Low-Cost Android One Phones in India – Businessweek

With the Indian smartphone market booming, Xiaomi has made a splash with its weekly flash sales on Flipkart, an Indian rival to Amazon.com (AMZN). When the Chinese smartphone brand conducted another of its sales on Tuesday, over 300,000 people registered to buy some 90,000 of its Redmi 1S phones priced at 5,999 rupees (or $98). In last week’s sale, the Xiaomi phones sold out in four seconds.

The Spice Android One Dream Uno smartphone

Xiaomi isn’t the only foreign company looking to take advantage of consumer demand for inexpensive alternatives to the iPhone (AAPL). The company with perhaps the most ambitious plan is Google (GOOG), which last month made India the first market for its new Android One smartphone operating system. Google teamed up with local brands Micromax, Karbonn, and Spice, all of which have recently introduced smartphones priced around 6,000 rupees.

India particularly needs better low-cost phones, argues Caesar Sengupta, Google’s vice president of product development in Singapore and head of the Android One project. India’s mobile operators don’t offer the sort of generous subsidies that consumers in the U.S. and other markets take for granted. ”In the U.S., when you buy an iPhone, it costs $600 to $700 but you get a subsidy, so to a consumer it feels you are buying a $200 phone,” Sengupta says. In India, the cost to the consumer is much closer to the actual cost of the hardware.

via Google’s Big Plans for Low-Cost Android One Phones in India – Businessweek.

06/06/2014

China’s Xiaomi, the World’s Fastest-Growing Phone Maker – Businessweek

On May 15, behind the curving, imperial facade of the China National Convention Center in Beijing, a veteran technology executive named Lei Jun walks onstage before a thousand raucous fans and members of the media. It’s a familiar scene everywhere now, and like many technology chiefs, Lei peppers his talk by ticking off some of the recent successes enjoyed by his company, the mobile device maker Xiaomi. Sales have been higher than expected; more than 50 million people use the company’s MIUI operating system. Then he gets to the new products, which today are a smart TV that can be controlled with an app and an Android-powered tablet computer, called Mi Pad, that comes in five colors and is priced to undercut the iPad mini. “I hope through our endeavor we can make Apple (AAPL) feel some pressure,” Lei says.

Lei established a “10-to-10” schedule at the company

The crowd reacts to each product revelation as if it’s a World Cup goal. The hardware is indeed slick—the TV has the latest high-def specs, and the tablets are the first devices to use the newest processor from chipmaker Nvidia (NVDA). But Lei is delivering another, more potent message. He’s effectively giving an hourlong demonstration of an historic moment: China, for the first time, has its own technology brand that consumers truly lust after.

Following the event, the fans mill around in the Beijing smog, taking selfies with their MiPhones, waving Xiaomi signs, trading impressions of the new gadgets. Some made 15-hour trips to be here. Zhi Yuan, 28, who took a seven-hour train ride from Shandong province, proudly shows off his Xiaomi phone, the economical Redmi model. He likes it because it’s easy to use. Lei, he says, “can understand our wishes. He knows what Xiaomi fans want.”

via China’s Xiaomi, the World’s Fastest-Growing Phone Maker – Businessweek.

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12/02/2014

Xiaomi is the world’s third most innovative company; “Made in China” now a compliment – Yahoo News Singapore

For the longest time, China has been known as a manufacturing powerhouse and because of that, its quality of goods has a notorious reputation. Consumers shun away and give products a smirk whenever there is a “Made in China” label on it.

American consumers associate Chinese manufacturing with the terms “mass produced,” “cheap” and “poor safety standards” more than anything else.

However, that is now changing.

“Made in China” is now a compliment as the emphasis on quality is returning.

Fast Company just announced their own list of the World’s 50 Most Innovative Companies. Other than tech giants from the west such as Google, Apple, Tesla, Dropbox and a handful of others, several Chinese companies rose to the list, raising the eyebrows of industry watchers.

In particular, Xiaomi, emerged as the third most innovative company just behind Google and Bloomberg, beating several other companies including Apple and Nike. Xiaomi is reinventing the smartphone business, a segment that is exploding around the world now.

via Xiaomi is the world’s third most innovative company; “Made in China” now a compliment – Yahoo News Singapore.

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10/02/2014

THE WORLD’S TOP 10 MOST INNOVATIVE COMPANIES IN CHINA

From: http://www.fastcompany.com/most-innovative-companies/2014/industry/china

THERE’S A STUBBORN MEME THAT CLAIMS CHINA HAS NO CULTURE OF INNOVATION. IN ACTUALITY, IT’S SHAPING GLOBAL BUSINESS TRENDS, MOST NOTABLY IN SOCIAL MEDIA. MAMMOTH NETWORKS SUCH AS TENCENT‘S WECHAT, FOR EXAMPLE, ARE NOT SIMPLY FACEBOOK COPYCATS–THEY’VE SPARKED THE MESSAGING WARS OCCURRING ON AMERICAN SOIL AMONG APPS LIKE SNAPCHAT AND KIK, AND CONTRIBUTE BILLIONS TO THE WORLD’S RICHEST COUNTRY.

BY FAST COMPANY STAFF

1. XIAOMI

For launching low-cost, high-quality smart TVs and -phones to steal market share from industry stalwarts.

2. BEIJING GENOMICS INSTITUTE

For making DNA sequencing mass-market.

3. CHINA’S LUXURY BRANDS

For greeting its booming middle and upper classes with distinctly native offerings.

4. HAIER

For letting its 80,000 employees self-organize and oust ineffective leaders—a bold approach to innovating the fridge and microwave business.

5. TENCENT

For pummeling the Chinese social-networking competition and sending chills through Silicon Valley with a 10-terabyte storage offer.

6. GEAK

For making wearable tech closer to vogue with a ring that syncs to phones and shares contacts via fist bump.

7. PHANTOM

For clearing the air in Beijing homes with the app-controlled EcoTower. .

8. BAIDU

For moving from search to smart cameras, giving users their own Internet-enabled monitoring devices.

9. YY

For letting anyone become a star in the world’s most-crowded country.

10. COOTEK

For tapping into user demand for faster typing.

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