IDC Projects Wearables Market to Grow 173 Percent This Year

According to IDC, 72.1 million wearable devices will be shipped this year. The global forecast represents an increase of 173.3 percent over 2014. Shipments are expected to experience a 42.6 percent compound annual growth rate the next several years, reaching 155.7 million units in 2019. The demand for sub-$100 wearables from vendors such as Fitbit and Xiaomi that do not require third party apps has been particularly strong. “We expect smart wearables, those capable of running third party apps, to take the lead in 2016,” said analyst Jitesh Ubrani. Continue reading IDC Projects Wearables Market to Grow 173 Percent This Year

Researcher Announces Impressive First Quarter for Wearables

IDC announced this week that wearable devices have experienced eight consecutive quarters of solid growth. According to the new report released Wednesday, 11.4 million wearables shipped worldwide during the first quarter, up from 3.8 million shipped during Q1 last year. IDC credits lower prices and a greater variety of wearables, such as smartwatches and activity trackers, for the increase in global sales. Fitbit led the charge last quarter by shipping nearly 4 million devices, followed by Xiaomi, Garmin, Samsung and Jawbone. Continue reading Researcher Announces Impressive First Quarter for Wearables

Android Dominated in Global Smartphone Shipments Last Year

According to recent figures released by Strategy Analytics, 2014 marked significant milestones for the mobile industry. Global annual shipments reached 1.28 billion devices from OEMs to retailers and carriers for sale, and Android-based smartphones captured 81 percent of the worldwide market, accounting for more than one billion handsets. Android has become the first platform to surpass the one billion mark for shipments. Apple captured 15 percent of the market last year, shipping 193 million units. Continue reading Android Dominated in Global Smartphone Shipments Last Year

Chinese Smartphone Maker Xiaomi Wants to Go International

Xiaomi is the most popular smartphone maker in China and the third largest phone maker in the world. During the next year, the company hopes to expand its presence outside of China to developing markets in India, Brazil, and Indonesia. The company specializes in manufacturing low-cost, well-designed phones that they sell primarily online. Xiaomi is also hoping to increase profits by selling apps and entertainment for the phones, along with other electronic devices like a tablet and smart TV. Continue reading Chinese Smartphone Maker Xiaomi Wants to Go International

Chinese Startup OnePlus Unveils $299 High-End Smartphone

Many of today’s top-tier smartphones can cost upwards of $650 (a price often hidden in a carrier plan), which hasn’t changed since Apple launched its first iPhone in 2007. Chinese startup OnePlus is aiming to change that. This month, the company will begin taking pre-orders for the One, a low-cost, high-end smartphone that runs a flexible version of Google’s Android called CyanogenMod. The $299 price tag is not part of a carrier plan, but the total cost, making the One about half the price of competing phones. Continue reading Chinese Startup OnePlus Unveils $299 High-End Smartphone

Apple Requests Order to Block Sale of Some Samsung Phones

In the wake of a recent jury verdict that Samsung had infringed upon three of its patents, Apple is now seeking a sales ban in the U.S. on some older models of Samsung’s smartphones. The move also follows an agreement between Apple and Google’s Motorola Mobility unit to dismiss patent litigation against each other. However, according to papers filed in a California court, Apple is not looking for such a resolution with Samsung, but has requested a retrial to increase the amount awarded earlier this month and impose a sales ban. Continue reading Apple Requests Order to Block Sale of Some Samsung Phones

IFA 2013: Philips Launches Cloud TV and Explorer Storage Apps

During this week’s IFA 2013 in Berlin, Philips TV 3.0 was unveiled, including a number of cloud-related services intended to change the viewing habits of Philips’ Smart TV owners. The company is launching a new Cloud TV app, an over-the-top service that provides access to hundreds of TV channels which can be sorted by genre, favorites and themes. Philips also unveiled the new Cloud Explorer app for storage of personal media such as videos, music and pictures. Continue reading IFA 2013: Philips Launches Cloud TV and Explorer Storage Apps

Xiaomi Takes a Slice of the Smartphone Pie

  • Just three years into its existence, Chinese smartphone manufacturer Xiaomi Technology has a $4 billion valuation and has garnered “Apple-like adoration” from loyal fans, reports Reuters.
  • Founder Lei Jun, 42, helped shape China’s Internet revolution when he co-founded and sold Joyo.cn to Amazon before moving on to Xiaomi Technology. At Xiaomi, Lei has become a Steve Jobs-like figure, as he has marketed his product simply, but in a way that generates “an aura of exclusivity around its products,” notes the article.
  • When addressing comparisons to Jobs, Lei says, “I will take this as a compliment but such kind of comparison brings us huge pressure.”
  • “Xiaomi and Apple are two totally different companies,” he continues. “Xiaomi’s based on the Internet. We are not doing the same thing as Apple.”
  • The company released its second phone in October and has sold 300,000 units. The phone is comparable to Samsung’s Galaxy S3 and Apple’s iPhone 5, but sells for only $370.
  • “Unlike the big domestic smartphone players, such as Lenovo Group, ZTE Corp and Huawei Technologies, which work with telecom carriers to sell a large volume of smartphones, Xiaomi sells most of its phones online and in small batches,” writes Reuters. By limiting quantity and selling in small batches, Xiaomi creates buzz. This demand led to Xiaomi selling its entire batch of 50,000 smartphones in less than two minutes in October.
  • China is expected to pass the United States as the number one smartphone market within the year, but some people still believe the market will be controlled by market leaders ZTE and Huawei, and that Xiaomi’s small scale strategy will hurt its long term outlook.

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