June 17, 2015 0 Comments
December 16, 2014 0 Comments
In addition to its smartphone business, Xiaomi has diversified its product line to include air purifiers, fitness bands, routers, blood pressure measurement kit, battery packs, a smart TV and others. Today it announced a $203.7 million investment in Midea, a Chinese company that manufactures smart appliances. The funding underscores Xioami’s ambitions to be a major player in the smart home space. You can read about the funding here.
February 3, 2014 0 Comments
Google Reshapes its Mobile Division
Last week, Google sold Motorola Mobility to Chinese PC vendor Lenovo for $2.91 billion after acquiring it in 2012 for $12.5 billion. At first glance, the deal looked like a massive loss for Google and another win for Lenovo. But taking another look, Google has unloaded itself of a losing brand and yet kept all important patents that can be used to fortify its entire Android ecosystem. By cutting itself loose from Motorola, Google is no longer in competition with its Android customers. Now the company can focus on its relationship with Samsung, which uses Google’s Android OS in majority of its smartphone and tablet devices. Lenovo, on the other hand, will gain an established global brand.
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