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If Chinese handset makers like Huawei and ZTE don’t cut it — due to security and “all that jazz” — perhaps the best contender to take over BlackBerry is Amazon. There are a few reasons why this could be a good move for the online retail giant: 1. Amazon wants its own eco-system, not the…
Xiaomi has secured an additional $1.1 billion in funding at a valuation of whopping $45 billion. The round was led by All-Stars Investments with participation of DST, GIC, Hopu Fund and Yunfeng Capital among others. The fresh capital will be used to keep making great devices for everyone, according to the company’s CEO Bin Lin.…
Xiaomi is talking to several investors to raise significant amount of money that would increase its valuation to anywhere between $40 and $50 billion. The company, which is currently the world’s third-biggest smartphone maker, had a financing round in August 2013 that valued the company at $10 billion. If the so called “Apple of China”…
You may’ve heard it – Lenovo is looking to acquire BlackBerry. The Chinese firm has barely scratched the surface with its Motorola acquisition; it wants more. And BlackBerry, we think, would be a perfect fit for them. Some time ago, I’ve mentioned about something similar in a post exploring the future of BlackBerry. Lenovo has…
At some point in the future we expect to see Android and Chrome OS becoming a single platform. Or something similar, with docked Android smartphones connected to the big screen acting like today’s Chromebooks. Already you can run a select number of Android apps on Chrome OS-powered devices, and apparently that’s just a start. To…
Pantech is looking for buyers, as we’ve reported before. Korea’s third-largest handset maker has recently put its business on sale, and — according to an official from Samjong KMPG — it has received numerous letters of intent for purchase. One of the companies looking to grab the struggling company is China’s ZTE, which is already…
HTC has seen better days. What used to be one of the best smartphone makers in the world is now struggling to meet investors’ expectations and stay relevant in the ever competitive mobile market. The Taiwanese company is not only facing Samsung and Apple, but also the emerging players from China like Xiaomi, Meizu and…
South Korea’s number three handset maker, Pantech, has seen better days, having filed for bankruptcy earlier this year. In July, the company asked for a deadline extension for repaying outstanding debt; and in August, despite convincing creditors to extend the repayment deadline by two years interest-free, it filed for court receivership, an equivalent to filing…
Xiaomi’s venture arm, Xiaomi Ventures, has invested $25 million in the maker of mHealth gadgets, iHealth Lab. As part of the deal, Xiaomi will get a seat at iHealth’s board of directors. Launched in the US in 2010 as a subsidiary of medical device manufacturing company Andon Health, iHealth has launched the industry’s first mobile…
Samsung is putting Android in yet another piece of hardware – printers. And not just any printers, these bad boys are made for businesses willing to pay a hefty premium for the ability to print stuff directly from the web and select apps. A total of 10 different Smart MultiXpress printers have been announced, all…