Did you miss your regular fix of China tech news this past week? Worry not! Grab a cup of coffee and peruse through these must-read stories!
1. Xiaomi’s beta smart wi-fi router costs 15 cents – but you’ve got to build it yourself
The router will be available in a special “commemorative engineer’s beta” version that comes packaged in a beautiful wood case.
2. China’s Huawei to sell new budget smartphone for 1 Yuan less than cheapest Xiaomi
It seems Huawei won’t be content to sit back and let Xiaomi get all the glory for selling low-cost, high-performance smartphones.
3. Ahead of car roll-out in China, Tesla launches Chinese homepage
The new Tesla China site is at Tuosule.cn. Remember that Tesla Motors has lost the rights to its English name in China due to a copyright troll who claims he’s using the moniker in his own EV research.
4. Tencent and Netease to join the personal investment race against Alibaba and Baidu
These new financial services have been a popular alternative to traditional state-run banks, which have higher barriers to entry and lower interest for average citizens.
5. China Mobile turns on nation’s first 4G network, but still no sign of iPhone dea
China Mobile’s big 4G turn-on, which is happening across China today, was supposed to be the day – rumors long suggested – that the world’s biggest telco gets the world’s most fancied smartphone. But that doesn’t yet appear to be the case.
6. China-made, Android-based Smartisan OS gets $11.5 million in funding. What’s next? A phone?
Despite not having much to show for its business, Smartisan has just wrapped up series A funding worth RMB 70 million ($11.5 million).
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