Johannesburg’s clean energy ambitions just received a jolt from one of the world’s biggest electric vehicle innovators. Global new energy vehicle giant BYD (Build…
IDC: people are still buying smartphones in their billions
The rate at which smartphones ship is incredible. And with more and more people joining the list of smartphone owners, the shipment of phones…
China sees its first smartphone shipment decrease in six years
According to International Data Corporation (IDC), smartphone shipments in the last quarter decreased for the first time in six years in China, one of…
Xiaomi acquires 3% of Chinese games and software giant Kingsoft for $68M
Xiaomi, the world’s third largest smartphone distributor, has acquired 2.98% of Kingsoft, a games and software company, for HK$527 million (~US$68 million). The Xiaomi…
Xiaomi reportedly raises $1-billion in funding, company valued at $45-billion
Xiaomi, the world’s third-biggest smartphone maker, has reportedly raised US$1-billion, according to Wall Street Journal. A Xiaomi spokesperson declined to comment. Though the Xiaomi…
