Searching for "low-end"
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Alibaba Group's (NYSE: BABA) C2C e-commerce site Taobao recently launched a new low-end shopping app called "Taobao Tejiaban" (Taobao Bargain Edition), which is now available through major app stores. Read More
U.S.-based artificial intelligence chip designer Kneron recently completed Series A funding of over USD 10 mln led by Alibaba Entrepreneurs Fund with participation from Taiwanese display device manufacturer Himax Technologies, CDIB Capital, chipmaker Qualcomm, Beijing-based mobile intelligent terminal operating system, products and technology provider Thunder Software Technology (300496.SH), Sequoia Capital, and Chuangye Bang Angel Fund. Read More
Luo Yonghao, CEO of Beijing-based handset and mobile OS developer Chuizi Technology (Smartisan), recently said at the GeekPark Rebuild 2017 conference held in Beijing that Chuizi has completed RMB 1 bln new funding. Read More
Xiaoju Kuaizhi Inc ("Didi Chuxing"), operator of Chinese mobile taxi booking and car hire apps Didi Chuxing and Kuaidi Dache, recently announced that its low-end car hire service Didi Express will introduce a time-based pricing model and new fare standards in Beijing starting April 10, including pricing incentives during non-peak travel periods. Read More
Jiuxian E-commerce, operator of Chinese wine and spirits B2C e-commerce site Jiuxian.com, has announced the completion of RMB 500 mln Series G funding from Minxiang Caifu, as well as several other institutions and personal investors. Read More
Qiku Internet Network Technology, a subsidiary of Coolpad E-commerce, the handset JV between Shenzhen-based smartphone maker Coolpad Group (2369.HK) and mobile services firm Qihoo 360 (NYSE: QIHU), has unveiled the Dazen Note 3 low-end smartphone. Read More
Chinese telecom equipment manufacturer Datang Telecom (600198.SH) has issued a public filing announcing that its fully owned subsidiary Leadcore Technology has signed a technology licensing agreement with Beijing-based Songguo Electronics. Read More
China Mobile (NYSE: CHL; 0941.HK) has announced updated operator-customized 4G mobile terminal requirements for the company's partner suppliers. Read More
He Shiyou, Executive VP of Chinese telecom equipment and terminal manufacturer ZTE (0763.HK; 000063.SZ), recently revealed that the company plans to release its self-developed 4G terminal chip, the WiseFone 7510, in early 2014, fabricated with 28 nm production technology. Read More
Beijing-based Android handset developer Xiaomi has raised its 2013 handset sales projection to 20 mln units due to the success of the company's newly launched "Red Rice" ("Hong Mi") low-end smartphone. Read More