Xiaomi to invest $7.2 billion in 5G, AI, and IoT over five yearsXiaomi is facing stiff competition in its core smartphone business as other Chinese Android-makers, especially Huawei, continue to erode the market shares of smaller players.January 2, 2020 by Cyrus Lee in Mobility
Chinese Tesla challenger Xpeng raises $400M from investors including XiaomiThe funding will be used to back the upcoming launch of its electric P7 sedan.November 12, 2019 by Cyrus Lee in Mobility
Apple closer to using BOE displays for iPhones to cut costs: ReportApple currently uses OLEDs from Samsung and LG Display.August 22, 2019 by Cyrus Lee in Mobility
Huawei aiming to be biggest smartphone brand by 2020Richard Yu, Huawei’s mobile business head, said the United States’ ban against Huawei has acted as an advertisement for the brand as more global consumers are aware of the brand nowadays.April 11, 2019 by Cyrus Lee in Mobility
Foldable Mate X 5G is worth the €2,299 price tag: Huawei mobile headPrices of Huawei's foldable phones will go down after mass production, according to its mobile segment head Richard Yu.February 25, 2019 by Cyrus Lee in Mobility
Didi Chuxing to reportedly sack 15 percent of workforce after 2018 huge losssesDidi Chuxing’s huge loss, reaching almost 11 billion yuan ($1.6 billion) last year, was mostly because of subsidies given to drivers in spite of its monopoly in the market.February 17, 2019 by Cyrus Lee in Mobility
Over 800 million WeChat users sent digital monetary gifts during Lunar New YearThe record number came after the Chinese technology giant announced last month that daily active users of its popular WeChat service exceeded 1 billion.February 10, 2019 by Cyrus Lee in Mobility
Smartphone shipments in China dip to lowest level since 2013Huawei dominated the Chinese smartphone market in 2018, while Apple and Xiaomi declined.January 30, 2019 by Cyrus Lee in Mobility
Daily active users for WeChat exceeds 1 billionWeChat, the most popular messaging app among Chinese consumers, reports a milestone 1 billion daily active users by the end of 2018.January 9, 2019 by Cyrus Lee in Mobility
HTC denies it will stop releasing new smartphonesVR headsets have become HTC's main focus after it failed to achieve notable shares in smartphone market but will continue to release new smartphones.November 26, 2018 by Cyrus Lee in Mobility