Xiaomi's smartphone sales in the first six months of this year rose more than 270 percent year on year to 26.1 million units, the Beijing-based firm said on Wednesday.
The outstanding performance in a fiercely competitive market was driven by extensive marketing and aggressive pricing of products such as the Xiaomi 3 and RedMi, industry insiders said.
Sales in the first half surpassed the company’s 2013 full-year figure of 18.7 million units, said Lei Jun, its founder and chairman.
After announcing the sale of its Vaio PC business and plans to restructure its LCD TV operations, Sony has turned its focus to smartphones and tablets. For the China market, the company has a three-pronged strategy: strengthening the competitiveness of its products and services, developing new product types and expanding its gaming business, according to a Chinese-language Tencent report citing Sony president China Kurita Nobuki.
Compal Electronics is optimistic about the smart shoes sector and expects them to become a new star product of the wearable device industry since shoes are worn more commonly than watches, according to company vice president of R&D business Shen Chun-te.
Indonesia reigns as the largest market for media tablets in Southeast, accounting for 43 percent of total sales volume in the region. In 2013, over 1.45 million units were sold in the country, generating over USD252 million in sales.
Vietnam and the Philippines were the two other countries that registered the faster growth during the year. Bot countries posted 82 percent growth during the year.
Taiwan's retail chain Tsann Kuen is cooperating with Apple to let customers trade in their old iPads for iPad Airs at discounted prices. Consumers in Taiwan will be able to receive a discount worth up to TWD7,600 (USD253.52) depending on the iPad models they bring in. Thousands of first-generation iPads are still being used in Taiwan.
Apple's new 12-inch MacBook Air will enter mass production in the third quarter, filling the gap between the 11- and 13-inch MacBook Airs as well as enhancing Apple's leadership in the small-to-medium-size ultra-thin notebook market, according to sources from the upstream supply chain.
Wearable device shipments are expected to surge in the third quarter as most vendors have decided to launch devices during the quarter. Vendors which originally planned to release products in the first half, have also postponed their plans as they wait for the market or product designs to mature, according to sources from the upstream supply chain.
JB Hi-Fi is proving more resilient to slumping consumer confidence than other retailers.
The electronics retailer remains on track to lift annual profit by about 10 percent, despite winding back its sales expectations since the end of March.
Analysts say JB Hi-Fi is performing better than other retailers as it is not exposed to seasonal factors such as unusually warm weather, and due to its expansion into new product areas.
Amazon unveiled on Wednesday its first smartphone - Fire.
The brand new gadget features two new technologies - Dynamic perspective, which it said uses a new sensor system to respond to the way users hold, view, and move the gadget; and Firefly, which recognizes things in the real world like web and email addresses, phone numbers, QR and bar codes, movies, music, and products.
BlackBerry Ltd. confirmed a deal Wednesday with Amazon.com Inc. to gain access to the e-commerce giant's Appstore for mobile devices, a move the Canadian company hopes will boost sales of its latest smartphones.
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