Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

Rumor: China Unicom Orders 2 Mln Xiaomi Smartphones

DoNews, 12/13/11

China Unicom (NYSE: CHU; 0762.HK; 600050.SH) has reportedly ordered approximately 2 mln operator-customized smartphones from Beijing-based Android handset developer Xiaomi. China Unicom and Xiaomi will officially announce the specifics of the deal in a Beijing press conference on December 20, according to an industry source.

The smartphones will be available through China Unicom sales channels as early as before the Chinese New Year holiday (Jan 22-28); although Xiaomi currently has insufficient stock, it has increased production capacity and will have 80,000 to 100,000 units ready by that time, followed by additional units after the holiday. China Unicom will market the Xiaomi handset the same way it did the iPhone 4, offering handset subsidies as high as 56% of the price of the phone.

Xiaomi is likely to change contract manufacturers following the deal, according to another industry insider, most likely switching to Taiwanese electronics manufacturer Foxconn (2038.HK; 2354.TW), with which it has had extensive contact.

Keywords: sales volume supply contract China Unicom handset wireless Foxconn 2038.HK 2354.TW 0762.HK 600050.SH CHU operator-customized Xiaomi contract manufacturer smartphone subsidy tariffs

Feedback

Please note, all fields are required.
None of your personal information will be shared with third parties.

SendingSending

Disclaimer

The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports