Which is why Chinese hardware startups should be begging for Xiaomi's investment.
Xiaomi, the brainchild of investor and tech guru Lei Jun, redefined the Chinese smartphone market by launching an extremely powerful smartphone running on a smartly-designed Android skin at a price almost anyone could afford. Other companies have since followed Xiaomi into the cheap-smartphone fray, but the company’s success has proved difficult to copy. It has also proved difficult to predict, ignoring the expectations for a tablet launch and instead launching a set-top box for online video. Where will Xiaomi go next? We have no idea. But whatever the company does is sure to be interesting.
Smartphones are now a common tool in China, owned by the average Zhou, just like washing machines or rice cookers. Here are 3 things that could happen next.
China's flatscreen TV market is pretty crowded. Have the country's top two internet companies that make smart TVs found a way in?
Like Baidu and Alibaba, Xiaomi is eyeing China’s finance industry and seeing dollar signs. Today the company is officially launching a money-market fund called Huoqibao inside a new standalone app cal...
Lei Jun's poor English has gone viral in China. But his critics are missing the forest for the trees.
This PR ploy allows Chinese tech companies to get some press attention by connecting themselves with a global brand like Apple.
More than the investment itself, a thumbs up from the chairman emeritus of the Tata Group adds to the Xiaomi mojo which has already cast a spell over India.
Xiaomi VP Hugo Barra announced the Mi Band launch at the global premiere of the new Mi 4i in Delhi on Thursday.
With founders Lei Jun and Lin Bin in attendance, Xiaomi VP Hugo Barra shows off the thinner Mi 4i, which comes in 5 colors.
Barry Freeman, Jimubox CFO and co-founder, tells Tech in Asia that the earlier tie-up with Xiaomi helped the startup see a big boost in traffic.
Xiaomi founders Lei Jun and Lin Bin took an auto rickshaw ride ahead of the global premiere of a new Mi phone in Delhi today.
Every Wednesday at noon, Chinese consumers will have the chance to grab used iPhones from Foxconn at massive discounts. High-end smartphones at low prices in online flash sales...remind you of anyone?
Across Asia, there are a number of relatively new phone brands playing to their strengths in home markets, aiming to steal sales away from Samsung.
Segway's passport to China comes down to branding and IP. What's Ninebot? Expect to hear more from them in the future.
To the uninitiated, LeTV's comparing Apple to Hitler might seem like a ridiculous PR misstep. But the company is actually following in the footsteps of China's hottest smartphone startup.
"Hype from the 00's, meet Hype from the 10's"