Xiaomi’s much-speculated IPO process has kicked off officially after the Chinese smartphone giant filed to go public on the Hong Kong Stock Exchange. The first draft of its filing does not include proposed financial details of its listing, but the South China Morning Post reports that the company is shooting to raise $10 billion at […]
View More Xiaomi officially files for Hong Kong IPO to raise a reported $10 billionCategory: Xiaomi
Report: Chinese smartphone shipments drop 21% to reach lowest level since 2013
Analysts have long-warned of a growth crunch in China’s smartphone space, and it’s looking like that’s very much the case right now. China’s smartphone growth has been the feel-good story for domestic OEMs who have clocked impressive figures as the billion-plus population has rushed online via mobile devices. However, the market reached saturation point in […]
View More Report: Chinese smartphone shipments drop 21% to reach lowest level since 2013Xiaomi promises to give money back to customers if its profits get too high
Xiaomi, the Chinese smartphone maker tipped for a public listing this year, has made a unique pledge: if it makes too much money, it’ll give a chunk of its profits back to its customers. Yes, that’s right. The company said today it will forever limit the net profit margins after tax for smartphones, smart home […]
View More Xiaomi promises to give money back to customers if its profits get too highDespite IPO surge, Hong Kong investors aren’t tech savvy, warns Razer CEO
Xiaomi and Ant Financial are two of a cluster of major tech names being linked with IPOs in Hong Kong. But, despite a burst of upcoming tech listings and new measures that are tipped to encourage more, the country still has some way to go to match the U.S. as a destination for startup exits, […]
View More Despite IPO surge, Hong Kong investors aren’t tech savvy, warns Razer CEODigital assistants just took a big step toward real ‘human’ conversation
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Talking to Alexa is too often a one-sided affair. Certainly, the primary purpose of a digital assistant is to listen, but its responses tend to favor cold efficiency — get in and get out. If a human spoke to you the same way, you’d think they were being passive aggressive in order to get you to shut up and leave them alone.
While this dynamic makes sense from a utilitarian perspective, it runs counter to the stated goals of all digital assistants (Siri, Google Assistant, and the rest) — that being conversational language.
To really take their usefulness to the next level, digital assistants need to understand more than just words. They have to take into account context and even the mood or personality of the speaker. Read more…
More about Microsoft, Xiaomi, Cortana, Alexa, and Google Assistant
GoPro launches Trade-Up program to swap old cameras for discounts
GoPro is willing to take that old digital camera stuffed in your junk drawer even if it’s a GoPro. Through a program called Trade-Up, the camera company will discount the GoPro H6 Black $50 and Fusion $100 when buyers trade in any digital camera. The company tried this last year for 60 days, but as […]
View More GoPro launches Trade-Up program to swap old cameras for discountsBaidu’s streaming video service iQiyi falls 13.6% in Nasdaq debut
The streaming video service iQiyi, a business owned by China’s online search giant Baidu, dropped 13.6% in its first day of trading on the Nasdaq — closing at $15.55, or down $2.45 from its opening price of $18. The company still managed to pull off one of the largest public offerings by a Chinese tech […]
View More Baidu’s streaming video service iQiyi falls 13.6% in Nasdaq debutXiaomi Mi Mix 2S is basically an iPhone X running Android
As much as I would love for it to be true, this is not a photo of the iPhone X with a fingerprint sensor on the back.
The phone you’re looking at is Xiaomi’s newest Mi Mix 2S. Yes, it’s an Android phone that looks like an iPhone X knockoff from the r…
Xiaomi phones could finally go on sale in the US before the end of this year
Chinese smartphone giant Xiaomi could make its debut in the U.S. as soon as this year, according to its CEO. Lei Jun, the serial entrepreneur who leads the phone maker, told the Wall Street Journal that the company — which is being linked with an IPO this year — plans to finally begin selling phones Stateside within the next twelve months. “We’ve always been… Read More
Microsoft and Xioami to collaborate on AI, cloud computing and hardware
After Microsoft signed a deal to test Windows 10 on Xiaomi devices in 2015 and then Xiaomi bought a trove of patents to help run other Microsoft services on its devices in 2016, today the two companies announced another chapter in its collaboration. Xiaomi and Microsoft have signed a Strategic Framework Memorandum of Understanding (MoU) to work more closely in the areas of cloud computing,… Read More
Gartner reports first ever global decline in smartphone sales
Global smartphone sales have not been firing on all cylinders for several years now but Gartner’s latest figures record the first ever decline since the analyst began tracking the market all the way back in 2004. Read More
Xiaomi’s wearable device partner Huami raises $110M in NYSE IPO
China’s top wearable firm Huami has raised $110 million after it listed on the New York Stock Exchange on Thursday.
Fresh from launching iits Apple Watch-like Amazfit Blip this week, Huami sold 10 million shares at $11 a pop, the mid-point of its price range. The company joined the NYSE under the ‘HMI’ ticker symbol. It potentially raised up to $16.5 million more if… Read More