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Tag Archive | "Xiaomi"

YY’s IPO Brings Hundred-Fold Return for Lei Jun

Though Lei Jun has been criticized in the past for his investment strategies, it appears that some of his bets are paying off, especially given the recent IPO of China’s social game network YY. According to a report from Forbes, Lei Jun’s $1 million investment in the social gaming portal back in 2005 has technically…

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Posted in Mobile Comments

Xiaomi Suspends TV HD Box Service Due to Regulatory Setback

It looks like everyone jumped the gun on this one. Xiaomi has temporarily suspended for its new Internet TV box that was publicly released for testing two weeks ago, presumably because they have not received approval from the SARFT (State Administration of Radio, Film, and Television), China’s agency in charge of monitoring the traditional broadcasting…

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Posted in Mobile Comments

Xiaomi Releases Set-Top TV HD Box, Connects to Mobile Devices

Smartphones are beginning to integrate with TVs in a whole new way. As promised by Xiaomi yesterday, they have released their new TV box set today, and it looks like they are ready to aggressively pursue this new market opportunity in their typically clean and fashionable, Apple-like manner. Priced at 399 RMB ($65) for standard…

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Posted in Mobile Comments

Xiaomi Acquires Duokan, Likely for Release of New Smart TV

Gaining praise from some and raising eyebrows from others, the company behind China’s “iPhone” is now moving to expand its product offerings, as today Xiaomi announces its full acquisition of app-maker Duokan. Likely in line with Xiaomi’s plans to release a smart TV scheduled tomorrow, the smartphone Internet company is–perhaps unsurprising given the nature of…

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Posted in Mobile Comments

Qihoo 360 Gets More Hilarious, Wants to Compete with Travel Sites Qunar and Ctrip

Qihoo 360 is just getting a bit funny now. As if it were not enough to battle Xiaomi on smartphones, launch a new search engine,  and begin a legal battle with Tencent, the Chinese security software and Internet portal Qihoo 360 is now waging war on everyone in the Internet industry. Well…almost everyone. Today, Qihoo 360,…

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Posted in Mobile Comments

GMIC SV Fireside Chat: Yuri Milner and Xiaomi’s Lei Jun Discuss Innovation and Investment in China

With the rapid expansion of mobile technology worldwide and its greatest potential coming from developing economies, this morning’s kick-off GMICSV Fireside Chat between Russian investment tycoon Yuri Milner and Chinese tech icon and entrepreneur Lei Jun is a testament to the disruptive nature of mobile Internet and the way it is globalizing at an incredible…

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Posted in Industry Leaders, Mobile Comments

Alibaba Made a Mistake with Aliyun OS, No Other Explanation

China’s favorite e-commerce giant Alibaba is exchanging blows with Google that many say may have a critical effect on the future of Android in China. Not so. Alibaba’s mobile operating system (Aliyun OS), presumably a Linux-based platform, was set to be released on a new smartphone by Taiwanese manufacturer Acer last week, but after receiving…

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Posted in Industry Leaders, Mobile Comments

GMIC SV is One Month Away: Speaker Lineup Includes Facebook VP of Mobile and CEO of EA

GMIC SV is now just a month away. We are very proud to announce the following industry movers as recently added keynotes: Vaughan Smith, VP of Mobile, Facebook will be delivering a keynote on Facebook’s mobile strategy. Lei Jun, CEO, Xiaomi was recently highlighted in Forbes as the man with a smart phone giving the iPhone a run for its…

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Posted in Mobile Comments

NetEase Recruiting From Motorola Layoffs in China

The status of laid off workers from Motorola has captured a lot of attention recently, and it is has especially drawn the attention of NetEase, one of China’s four main portal sites, who is now reportedly extending the olive branch to former employees of Motorola. Though it is common in the IT industry to have…

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Posted in Mobile Comments

Xiaomi’s M2 Revealed in Beijing with Great Fanfare at 1999RMB Pricetag

Xiaomi’s new M2 phone was released earlier today in Beijing’s famous 798 District with great fanfare and applause. With noticeable pauses for cheers from the crowd, the audience was orange with delight, sporting Xiaomi T-shirts and M1 phones in hand. The auditorium appeared to be carved out of what had been an old coal processing…

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Posted in Mobile Comments