Posted on 28 November 2012.
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…
Posted on 27 November 2012.
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…
Posted on 14 November 2012.
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…
Posted on 13 November 2012.
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…
Posted on 08 November 2012.
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,…
Posted on 20 October 2012.
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…
Posted in Industry Leaders, Mobile
Posted on 21 September 2012.
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…
Posted in Industry Leaders, Mobile
Posted on 18 September 2012.
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…
Posted on 28 August 2012.
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…
Posted on 16 August 2012.
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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