A group of wealthy internet entrepreneurs and investors in China are putting their money on NextEV, a rival to U.S. electric car manufacturer Tesla Motors Inc.
Xiaomi technology
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Ratan Tata, chairman emeritus of the holding company of India's Tata conglomerate, has acquired a stake in Xiaomi Technology [XTC.UL], a deal that is likely to bolster the Chinese phone maker's presence in the world's third-largest smartphone market.
Microsoft Corp is making its biggest push into the heavily pirated Chinese consumer computing market this summer by offering free upgrades to Windows 10 to all Windows users, regardless of whether they are running genuine copies of the software.
The court order that banned Chinese mobile maker Xiaomi from selling its phones in India has halted its breakneck expansion into the world's fastest growing major smartphone market and could be just the start of a string of patent challenges.
An Indian court has ordered Chinese budget smartphone maker Xiaomi Technology Co Ltd [XTC.UL] to temporarily stop selling its devices in India, the Economic Times newspaper reported on Thursday, citing legal documents.
Taiwan has identified 12 smartphone brands that do not conform with privacy standards, and the handset makers could face fines or a ban unless they address the breaches, an official at the telecoms regulator said on Friday.
Samsung Electronics Co Ltd agreed to sell its fibre optics operations to U.S. specialty glass maker Corning Inc, exiting another non-core business to focus on shoring up underperforming key areas like smartphones.
Insiders say staff at Samsung Electronics have never been so anxious ahead of the annual reshuffle, as a weak smartphone performance and its worst earnings in three years are expected to cost many jobs.
Xiaomi Technology Co Ltd [XTC.UL] said on Wednesday it has made $300 million investment in online video provider iQiyi. The investment in iQiyi followed a separate stake purchase deal Xiaomi announced last week in China's largest video streaming site Youku Tudou Inc.
Chinese video streaming firm Youku Tudou Inc (YOKU.N) said on Wednesday Xiaomi Technology Co Ltd [XTC.UL] will acquire a stake in the online video host.
China's Xiaomi Technology Co Ltd, the world's third-largest smartphone manufacturer, will invest $1 billion in television content building, the company said on its official Weibo microblog on Tuesday.
Xiaomi Tech has overtaken Apple's market share in China with 0.2% lead.
Chinese smartphone maker Xiaomi Technology is in the process of closing a fundraising round that will value it at $4 billion - almost half of Nokia's (NOK1V.HE) market capitalization.
