Showing posts with label pebbles interfaces. Show all posts
Showing posts with label pebbles interfaces. Show all posts

Wednesday, November 12, 2014

Xiaomi to buy stake in Youku Tudou as part of online video push

Xiaomi Technology Co Ltd will acquire a stake in Chinese video streaming firm Youku Tudou Inc, cementing ties between China's leading smartphone maker and one of the most popular content providers in the video-hungry country.
In a joint statement on Wednesday, the companies said the transaction would take place on the open market but did not specify how large the smartphone maker's stake would be or how much would be invested.
Word of the stake acquisition, coming a week after Xiaomi pledged to invest a total of $1 billion (628.22 million pound) to expand its Internet TV content, adds to the frenzy in China's fast-growing online video market. E-commerce giant Alibaba Group Holding Ltd already owns nearly a quarter of Youku Tudou.
Online video sites include those run by Sohu.Com Inc, Baidu Inc's iQiyi and Tencent Holdings Ltd have been jockeying for position in a market estimated to be worth $3 billion in 2014.
Youku Tudou and Xiaomi will jointly invest in the production and distribution of online video content and films, while Xiaomi will license Youku Tudou's video content, the companies said.
But Xiaomi may be entering a regulatory quagmire. China's authorities have in recent months moved to cut unapproved and "harmful" online TV content, which had been freely proliferating.
The world's third-largest smartphone maker has been ramping up its push into the living room by offering a set-top box as well as a Mi TV television set.

The investment in Youku Tudou shows how Xiaomi's strategic direction may put it increasingly at odds with Alibaba, the $285 billion behemoth that also offers set-top online video boxes.
As of May, Alibaba Group owned a 23.4 percent stake in Youku Tudou, now worth slightly more than $1 billion, part of the e-commerce titan's own push into selling digital products such as online film and TV.
Alibaba, meanwhile, has long been rumoured to be interested in the mobile handset market, although Executive Vice Chairman Joe Tsai told reporters this week he didn't think Alibaba had plans to buy a phone maker.
"The question was are we going to go out and buy a (handset) manufacturer to accomplish what we want. I don't think so."
In August 2013 Xiaomi invested in Israel's leading gesture control start-up Pebbles Interfaces.

Thursday, October 9, 2014

Xiaomi is well on track to sell 60 million smartphones in 2014

If you’re anxiously awaiting Xiaomi’s sales figures as the year comes to a close, Lei Jun will happily tease you.

This morning, the CEO sent out a post on Weibo claiming that device shipments to Xiaomi’s warehouse increased 20 percent from the second to third quarter of this year. Xiaomi tells Tech in Asia that “device shipments” refers to assembled smartphones sent to the company’s warehouses in Beijing. For traditional smartphone brands like Samsung or HTC, those devices might collect dust in storage facilities or in retail outlets.

But since Xiaomi sells its phones directly to consumers, and gages demand based on results from its weekly online sales, there’s a strong correlation between “shipments” and “sales.” If we do a little back-of-the-envelope math, recall that Xiaomi sold 26 million phones in the first half of 2014, and 11 million phones in the first quarter of 2014.

That means that it sold 15 million phones in the second quarter. Assuming that everything that got shipped got sold (again, not an entirely unsafe assumption), that means Xiaomi sold 18 million phones during the three-month period running through September. Xiaomi aims to sell a total of 60 million devices for the year 2014.

It’s likely at about 44 million now, so the company should hit its goal as Singles Day and Christmas are around the corner.

Xiaomi president Lin Bin recently told Nikkei Asian Review that he and Lei expect to sell 100 million phones in 2015.

In August 2013 Xiaomi invested in Israeli startup company Pebbles Interfaces.


Wednesday, August 13, 2014

Xiaomi Sold 20,000 Units of Mi3 Mobile Phone Within 2.4 Seconds

Xiaomi, Chinese leading smartphone manufacture sold yesterday on Flipkart, India's leading online megastore, 20,000 units of their Mi3 smartphone within 2.4 seconds. The sale began at 2pm and users that tried to order the smartphone received the message that the sale was completed and the smartphones are out of stock.


Xiaomi started to sell in India on July 22nd and it took 40 minutes for all the smartphones to be sold. the second batch was sold in 5 second and the third batch at a record speed of less than 2 seconds. Next sale is schedule to begin on August 19th and registration begins today.

Last year Xiaomi invested in Pebbles Interfaces, Israeli start up that develops advanced motion sensors.