A company started just eight years ago has now become one of the world’s largest smartphone makers. I’m talking about Xiaomi. So What is Xiaomi? It’s opening stores and now rapidly expanding outside of China. So what’s behind the growth of this Chinese tech company?
Xiaomi is the fourth-biggest smartphone player in the world. It’s India’s top-selling smartphone brand and one of China’s top players. But its breadth is much more than that. It’s present in 74 markets around the globe, with nearly 15,000 employees and more than 300 million people are using its products or services.
While Xiaomi may be a foe for Apple, it’s somewhat of a friend to Google and Microsoft. Xiaomi smartphones run a version of Google’s Android operating system and the Chinese tech company is partnering with Microsoft to collaborate on artificial intelligence.
The company makes about 72% of its revenue from China, and 28% from the rest of the world. Xiaomi generates most of its revenues from smartphones, but it’s also expanded into other products like music and video streaming, too.
The Beijing-based company wants its smartphones to be just the start of an entire device ecosystem for its users. Which may explain why it’s sometimes referred to as the “Apple of China.”
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When the company was first started, Xiaomi only sold its products online in an effort to reduce overhead costs. It avoided spending money on advertising and relied on brand loyal customers to spread the word. Xiaomi’s selling point was simple. Offer high-quality devices, but at lower prices than competitors. And it worked. Xiaomi became China’s number one smartphone in 2014. But the success was short-lived. Sales fell in 2016, pushing Xiaomi down several spots to number five in China.
New low-cost players were entering the market, and the company learned that by selling its phones online directly to consumers, well, it made it difficult to reach new customers, like those in China’s smaller cities. So Xiaomi began to change up its strategy. Recently it’s been getting into the brick-and-mortar game, opening a large number of stores in Hong Kong. It plans to open 2,000 stores worldwide by 2019 with just about half of them in China.
It’s expanding its footprint outside of China, opening retail stores in Spain and Italy and forming retail partnerships here in the U.K. And while Xiaomi isn’t in the U.S. yet, Xiaomi’s head of its international business says they do have plans to enter the market.
It’s not just a smartphone business. Xiaomi also makes things like smartwatches, headphones, speakers, pillows, VR headsets, air purifiers, rice cookers, kitchenware, luggage, hats, and wallets. That’s on top of selling online content, entertainment, and financial services.
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In 2017, Xiaomi’s sales grew more than 67% from the year prior, leading some to call it ‘China’s Phoenix.’ Product launch events for its new products can draw up to thousands of fans. And while companies like Samsung have used Kanye West and Bruno Mars to pump up fans for new products.
Xiaomi events are usually headlined by well, the company’s CEO Lei Jun. As one of Xiaomi’s co-founders, he has a net worth of more than 12 billion dollars. He worked in technology and as an angel investor before starting the company in 2010. So what’s next? Smartphone shipments in China suffered their largest decline ever in the first quarter of 2018. And global smartphone sales declined last year for the first time since 2009.
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While the industry news is concerning for massive smartphone players, Xiaomi actually had an 88% increase in the number of phones they sold globally in the first quarter of this year. That’s compared to a slight decrease by Samsung and a slight increase by Apple. Xiaomi’s growth was largely because of its previous ho-hum performance though. So the question remains. Will “China’s Phoenix,” so dependent on its hardware business, fly to new heights? Or will it return to the ashes?
What do you think about Xiaomi and there Business Model? Do Mention in the Comment Section Below and Also Stay tuned for more Exciting things gonna happen on this platform.
Huawei Matebook 13: Macbook Air killer
Huawei’s Matebook X which was released last year was considered as the MacBook Pro killer as it provided a lot of features which the MacBook Pro provided at a much affordable price. And this year, Huawei is back with Huawei Matebook 13 which offers specification between the ultra-slim Matebook X and the pocket-friendly Matebook D.
With Matebook 13’s premium Aluminum alloy and metal unibody finish, Intel Whiskey lake processor and thin bezel display, it can be clearly observed as a competitor for the Apple’s new 2018 MacBook Air. The release took place at CES 2019. Let’s have a closer look at the details of Matebook 13.
Starting with the display, it has 13-inch 3:2 touchscreen display which is super sharp with 2,160 x 1,440 resolution. Display provides rich colors with ample viewing angles. Taking a look towards the bezels, company says they are 4.4mm thin providing 88 percent screen to body ratio which is 6 percent more than the rivals MacBook Air with 82 percent screen to body ratio.
Moving to the keyboard, Matebook 13 offers a bigger touchpad than usual which will help you with better space and provide the rich user experience. Matebook 13 comes with an edge-to-edge comfortable keyboard with a 1.2mm travel between each key which is efficient to provide smooth and fast typos which makes it a thumbs up for those who hate Macbook Air’s low-travel keyboard although it is also pretty good. The keycaps barely come out and are not too loud or clicky. It has embedded fingerprint sensor on the power button which makes it easier to wake the computer up by just scanning the finger. With fingerprint sensors come to the security and to enhance it, Huawei has provided an independent security chip for storing the biometrics.
Let’s have a look over the heart of the machine. The Matebook 13 is very capable machine in terms of processing. The device will have two configurations in the US. The higher-end version packs in eight-generation Intel Core i7-8565U chipset coupled with NVIDIA GeForce MX150 graphics card, on the other hand, low-end version ships with Intel Core i5 and Intel’s UHD620 graphics. Both the versions of Matebook 13 will have 8GB of RAM which will be standard considering the price range. The Matebook 13 having quad-core will be having a good multitasking ability which will be a serious upgrade than the MacBook Air which includes a dual-core processor.
Although providing the great performance the weight and thickness of the device matters a lot. The Matebook 13 comes with a 14.9mm thickness which company says is 6 percent thinner than the 2k18 MacBook Air which has 15.9mm thickness. Although the Matebook 13 is thinner than the MacBook Air, it weighs 2.82 pounds which is heavier than the 2.75 pounds MacBook Air.
The Matebook 13 has squeezed a lot of powerful chipsets in such a small device which they mention is due to Shark Fin 2.0 thermal setup which has the capability to handle 8,000 rpm without overheating the device. Huawei has provided dual fan system placing them between the CPU and GPU which enables to separate the heat and also accomplish 25 percent higher volume than a traditional fan. The company also says that cooling system uses an “intelligent filtering solution” which is claimed to manage performance and reduce the fan noise.
Huawei also praised the Shark Fin 2.0 setup for helping them to dedicate almost 50 percent of the laptops underhood space to embed massive 42Whr battery but it is bit smaller as compared to the 57Whr battery of Macbook Air. According to the Huawei’s claim, the low-end version, which is Core i5 Matebook 13, will last up to 10 hours while playing a 1080p video which will be great if it is able to hold on its words.
Following the previous models of Matebooks, the Matebook 13 also comes with two USB-C ports and one headphone jack. But Huawei has included a dock which places in USB – A port, USB-C port, VGA and HDMI port as well. Webcams are important for the video conferences and to help with it, the Matebook 13 houses a one-megapixel camera into its bezel, which makes it at a better place as compared to Matebook X Pro which hid the webcam under one of the keys in the keyboard.
With a webcam you also need good speakers to make the video conferences lively and to do so, the Matebook 13 has two speakers docked into the keyboard with Dolby support giving out the crisp and clear sound.
Huawei also provides a 65W USB-C power adapter which can be used for fact charging the laptop. The Matebook 13 is claimed to provide 2.5 hours of “office work” which may include working with spreadsheets, emails, internet surfing etc. when charged for 15 minutes.
At last, if we list the highs of the device it will go as follows:
- High performance with Whiskey Lake processor
- Efficient design making is slim and light
- High screen to body ratio
- Affordable price
The Matebook 13 truly looks a well-built laptop to compete with Apple Macbook Air. The base version of Matebook 13 which includes Core i5 with 256GB SSD and 8GB RAM will be available in Silver color and will cost $999 and the higher end version with Core i7 with NVIDIA GeForce MX150 graphics and 512GB SSD will start from $1,299. The Matebook 13 will be on sale from January 29 on Amazon and Newegg.
WhatsApp will not work in this Old Phones.
The Facebook-owned worlds most popular instant messaging app have announced that it will discontinue their support for certain Old Mobile phones and Operating Systems. Whatsapp support would end for certain mobile Operating Systems after 31st December 2018 (today).
Earlier Whatsapp have stopped there services on the smartphones like Nokia Symbian S60, BlackBerry OS, BlackBerry 10, and Windows Phone 8.0 OS. And Now there are stopping services for the Devices which runs on Nokia S40.
Last Year, Whatsapp had being stopped working on the Devices like BlackBerry 10, BlackBerry OS, Nokia Symbian S60, Windows Phone 8.0, Nokia S40, Android versions 2.3.7 and older, iPhone iOS 7 and older.
To recall, the Nokia S40 was one the most popular smart feature phone a few years back, but after acquisition by Microsoft the OS lost its existence.
The reason for not further supporting this OS was the Simple and straight answer from the Whatsapp team. “Tech Industry is going way fast and newer Smartphones are evolved and developed every year. And to make Whatsapp compliant for the Latest Devices, we need to modify new Feature and Old OS is not able to support our updates and so we are discontinuing support for this Devices”.
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Some of the Devices of Nokia which are running on Nokia S40 OS are Nokia Asha 201, Nokia Asha 205, Nokia Asha 210, Nokia Asha 230, Nokia Asha 500, Nokia Asha 501, Nokia Asha 502, Nokia Asha 503, Nokia 206, Nokia 208, Nokia 301, Nokia 515. So this all phones will not be able to use Whatsapp for Messaging there loved ones now onwards.
The Support for these devices was supposed to be discontinued earlier from June this year, but Whatsapp extended till December, bringing some relief to Nokia S40 users. However, the devices running Android 2.3.7 Gingerbread and older version will be ending WhatsApp support after February 1, 2020.
Well, this would not affect a Massive number of people as Nokia S40 OS is extremely old, first unveiled in 1999, updated in 2005 and the latest mobile device that was Nokia 515 was unveiled in 2013. About 0.3 percent of the Android smartphones are running Android Gingerbread platform.
People who are affected with this notice may opt for the feature phones like JioPhone, JioPhone 2, Nokia 8110 4G, as they provide support for Whatsapp on KaiOS.
React your Thoughts in the Comment section Below and tell us, are you affected with this Decision from Whatsapp.
Stay Tunned with for more such interesting News and Facts around the World. 😊
What is Flipkart?
Flipkart is India’s Amazon. It’s the country’s largest online retailer. In 2018 retail giant Walmart announced its intention to acquire a controlling stake in the company for $16 billion, making this the largest e-commerce acquisition, ever.
Flipkart was founded here in Bangalore in 2007 by Sachin Bansal and Binny Bansal, two Indian software engineers, that happen to share the same surname. They both worked for Amazon in the U.S. before returning to India to start their company.
Like Amazon, Flipkart began as an online bookstore. In its first full year of business, it delivered nearly three and half thousand shipments of books. Now its website has 10 million page visits a day and sells more than 80 different categories of goods, which includes everything from food processors to yoga mats.
This expansion has been supported by the company’s own digital ecosystem. In 2009 it founded Ekart, its in-house supply chain arm.
Ekart is now India’s largest logistics company delivering 10 million shipments a month for Flipkart, as well as independent brands and sellers. It also owns PhonePe, an app the company acquired in 2016, which helps facilitate electronic payments throughout the country. In addition, Flipkart’s purchase of two of India’s leading online fashion retailers, Myntra and Jabong ensured the company remained the leading player in India’s online retail industry.
Flipkart’s strong position in the market attracted $1.4 billion of investment in 2017 from the Indian e-commerce market as a whole is set to quadruple to $200 billion in the next eight years, and by 2034 it’s predicted to surpass the U.S. as the second largest e-commerce market in the world.
The predicted growth in e-commerce has increased competition between the big online retailers. Amazon has been taking on Flipkart in its own backyard. Both have been offering massive sales and discounts pegged to Indian festivals as they battle it out for more customers.
While Amazon’s size and profitable cloud computing service allows it to absorb these costs, Flipkart has suffered losses in its struggle to compete. However, the Flipkart Group as a whole still has the largest share of the market and remains the e-commerce leader in India.
Walmart’s online sales, however, account for just a little more than three and a half percent of its business in the U.S. Acquiring Flipkart gives them a considerable foothold in the sector. Yet when news of the deal broke, the American retailer’s shares tumbled four percent with investors concerned that the company had a long way to go before becoming profitable. The acquisition of a loss-making business also cut Walmart’s profits at the end of 2018 and its earnings outlook for 2019.
The company also warned that e-commerce growth would be slower next year. For Flipkart, Walmart’s investment is seen by many as a major boost to the company’s logistical operations. It will also help it move into new areas like online groceries. Along with a strong food supply chain, Walmart’s financial support will also help Flipkart keep prices low in its battle with Amazon.
Several key investors have exited the company, including co-founder Sachin Bansal, and they leave with hefty profits. Venture capital firms Accel and Tiger Global invested when Flipkart was valued at just $50 million. They have now pocketed more than 400 times what they invested and still retain some shares.
Softbank is also a big beneficiary of the deal. Its Vision Fund invested $2.5 billion in 2017 and in just over 12 months the Japanese company sold its 20% stake for $4 billion.
Co-founder Binny Bansal had planned to stay on as the company’s chief executive but resigned after an internal investigation into serious personal misconduct following an accusation of sexual assault. He still owns 4.2% of the company and remains a director on the board. Amid the controversy Walmart increased its stake in the $20 billion company from 77 percent to 81.3 percent, offering another sign of its support of an online retail market that is still small by global standards.
The value and sale of Flipkart to a major corporation like Walmart will likely encourage investors to see India’s e-commerce market as an area of growth. Already the Indian startup Ola is competing fiercely with Uber in the taxi aggregation market and both have Softbank as a major shareholder.
As the world’s major tech companies focus more of their attention on India, Flipkart may be the first of many start-up success stories emerging from the growing e-commerce space.
So, do you think Flipkart has a chance against Amazon? Comment below to let us know.
Source: CNBC International
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