A customer celebrates buying two new iPhone 5s at the Wangfujing flagship store in Beijing
When Xiaomi, a popular Chinese smartphone maker, overtook Apple’s market share in China the second quarter, the shift prompted a double take by consumers and investors who had never heard of the small but growing brand.
The ascent was short-lived. Apple’s two new iPhones have proved popular in China, enabling the US company to shoulder past Xiaomi in the market share rankings for the three months ended in September.
But Apple and everyone else are still miles behind the clear market leader — Samsung, which now has a fifth of China’s smartphone market, up from 14 per cent in the third quarter of last year. Read more
Rihanna gives away a personalised HTC phone on stage
How badly is smartphone maker HTC doing?
By many measures, very badly. October sales are down 13 per cent year on year. Revenue next quarter could be as low as NT$40bn, a third less than the same quarter last year and lower than analysts’ expectations. And after reporting its first ever quarterly operating loss as a company in the third quarter, it shows no sign of returning to profit in the fourth.
But one measure in particular, released today with its full third quarter results, shows the Taiwanese company’s travails — its accounts payable. That measures how long it is taking the company to pay its bills to its suppliers, who make the parts of its phones. Read more
Taiwan smartphone maker HTC will sell back its remaining stake in headphone and audio tech company Beats Electronics as the Taiwanese group tries to turn around its shrinking core phone business. Read more
Environmentally conscious or just clumsy people buying a smartphone are better off with a new Samsung or Motorola than with one of the new iPhones.
A new ranking from iFixit, a group that specialises in tearing apart phones to figure out to repair them, looks how easy it is to fix the top smartphones on the market. Read more
Trendy China tech group Xiaomi is branching out from smartphones into China’s increasingly competitive market for smart TVs.
The private company, which said its latest round of fundraising valued it at $10bn, launched the $489 TV at a jam-packed and much-hyped launch event in Beijing Thursday afternoon. Read more
Acer, the Taiwanese computer company, has struggled for a while to sell enough computers to stay profitable, but investors still found room for disappointment in its most recent results.
Shares were down nearly 4 per cent in Taipei today after management spoke with analysts and the media to explain its second quarter operating loss of NT$613m and its 19 per cent year on year fall in revenue to NT$89.4bn. Read more
Alibaba, China’s ambitious internet conglomerate, has spread its reach from e-commerce to finance, and now to internet television. Read more
Smartphone-maker HTC spent relatively little time at its launch event today bragging about the technical specs of its new flagship phone, the HTC One.
Instead, the Taiwanese company focused in on the phone’s redesigned user interface and new offerings — including a homescreen with live
content feeds, a camera app that automatically creates montages of a user’s pictures and video clips, and stereo speakers sounding halfway decent — that company designers say reflect how they see people using their phones to consume, create and share increasing quantities of content. Read more