Chinese smartphone maker Xiaomi has grabbed a healthy slice of the smartphone market at an impressively quick pace

Following its Hong Kong IPO, Chinese smartphone maker xiaomi beat analyst's expectations this past quarter, with revenue in the first half of 2018 now totaling 79.65 RMB, or $11.9 billion.

The rising revenue has been driven by brisk smartphone sales — Xiaomi said it sold 32 million smartphones this past quarter. As this chart from Statistashows, that's translated into major market share gains, with Xiaomi's share of the smartphone market surging from less than 4% share to roughly 9% over the past 18 months.

The Chinese company is the fourth largest smartphone maker in the world, and could become an increasing threat to giants like Samsung and Apple.

Source:- business insider

Comments

Huawei Employee Reportedly Reveals Android P Name, And It’s Not What You Think

It’s that time of the year when the world speculates on which dessert will be used as the name for the next Android version. While there have been several easter eggs and hints about Android P’s official name, there’s no clarity on what it might actually be called. According a report by Tabeltowo , a Huawei employee might have just leaked the full name of Android P as Android Pistachio. During a live chat with a customer, the Huawei support staff clearly said Android Pistachio in relation to a query about software updates in Poland, as seen in the image below: While simply Pistachio might not make sense to most people, considering the fact that Google is known for naming its Android version after desserts, a previous report might help. Back in February, Bloomberg had reported that Android P would be called Android Pistachio Ice Cream which makes more sense than just Pistachio. But we are sure you have other P-themed desserts in mind for...

Xiaomi Mi TV 4 to Go on Sale in India Today Via Flipkart, Mi.com, and Mi Home Stores

Xiaomi Mi TV 4 sale will be held at 12pm IST on Tuesday The new TV will be available online and offline, but in limited stocks More Xiaomi TV models are expected to launch on Wednesday The Xiaomi Mi TV 4 will go on sale once again in India on Tuesday via online and offline channels. This will be the third Mi TV 4 sale in India, and is scheduled for 12pm IST via Flipkart, Mi.com, and Mi Home retail stores. While the new Mi TV 4 was launched less than a month ago, Xiaomi has been teasing the launch of more TVs in India, which will be less expensive than the current model. Mi TV 4 price in India, launch offers The Mi TV 4 price in India is Rs. 39,999, which places it above the company's smartphones if we go by the pricing only. As for launch offers, buyers of the Xiaomi Mi LED TV 4 get free 3-month subscriptions (worth Rs. 619) to Sony Liv and Hungama Play, the Mi IR cable (worth Rs. 299), and on-site installation worth Rs. 1,...

Massive Apple leak reveals iPhone upgrades

VcTech Samsung is known for its products leaking ahead of its official announcement, but Apple not so much. This year, however, things seem a lot different as several leaks have popped up which detail some of the exciting new features that will come with the next generation handsets. As per a new report by TrendForce , several features about Apple’s upcoming trio of handsets have been revealed, thereby giving us a glimpse into what to expect with the new iPhones. One of the most exciting features of the upcoming OLED models, which have been dubbed the iPhone X Plus and second generation iPhone X, is that they will be compatible with the Apple Pencil. As display sizes have become larger than what they were in the past, the potential for the Pencil can help in enhancing the user experience as one can use it for drawing as well as digital signatures. However, the Apple Pencil will be compatible with just the OLED versions of the handset and not the LCD version which is bei...

Vc Tech

Search This Blog