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Old 07-08-12   #1
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adminabuse Chinese Tech Billionaire To Launch Next Xiaomi Smartphone




The original MI-One has been a super hit
in China, selling 150,000 pieces in 13 minutes



The Chinese Tech Billionaire, Lei Jun, also known as the Steve Jobs of China is all set to launch the next Xiaomi Smartphone in Beijing on Aug. 16, a year after the launch of its debut MI-1. The Android-based phone has sold over 3 million units and put Xiaomi and its billionaire cofounder Lei Jun on the global smartphone map.

Xiaomi phones are much valued in China for great performance at low prices. Apparently Xiaomi Phone are sold at a 10% profit margin at compared to the 55% profit margin for the iPhone. Mr. Lei has indicated that he is willing to take a loss in order to generate revenue streams on its apps front.

Speculation is that the new Xiaomi Smartphone would use a Qualcomm quad-core 1.5GHz chip with a 4.3″ display touchscreen. Interestingly, Xiaomi may be raising its price to RMB2,499 (Rs 21,900), compared to RMB1,999 (Rs 17,500) for the first-generation model.

Lei initially told reporters that he didn’t expect to make a profit from handset sales, but surging shipments upended that calculation and boosted Xiaomi’s valuation to $4 billion in a recent funding round. Xiaomi recorded $995 million in sales for the first half of 2012 and that China’s smartphone market continues to post rapid growth as more users start picking up smartphones.

China is a low priority country for Apple when it comes to selling their iPhone. The USA is a low priority country for Xiaomi when it comes to selling their smartphone. Why bother selling to spoilt Americans when there is such a large market ready in China itself.




The Youth Edition with lower specs and prices.




Lei Jun - the Steve Jobs of China

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Old 07-08-12   #2
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Re: Chinese Tech Billionaire To Launch Next Xiaomi Smartphone

Wish Spice/Karbonn/Lava et al also came up with MIUI based phones.
I <3 MIUI
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Old 07-08-12   #3
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Re: Chinese Tech Billionaire To Launch Next Xiaomi Smartphone

Originally Posted by vijayninel View Post
China is a low priority country for Apple when it comes to selling their iPhone.
Sorry but don't agree with that, last time i was in China, believe me i only saw one or two android phones compared to others who all had iphones.
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Old 07-08-12   #4
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Re: Chinese Tech Billionaire To Launch Next Xiaomi Smartphone

hmm...so worth smuggling this? or its like any other Chinese trash?
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Old 07-08-12   #5
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Re: Chinese Tech Billionaire To Launch Next Xiaomi Smartphone

Originally Posted by nikolain View Post
last time i was in China, believe me i only saw one or two android phones compared to others who all had iphones.
MIght be those were all Fake Chinese iPhones...
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Old 07-08-12   #6
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Re: Chinese Tech Billionaire To Launch Next Xiaomi Smartphone

Originally Posted by nikolain View Post
Sorry but don't agree with that, last time i was in China, believe me i only saw one or two android phones compared to others who all had iphones.
Im sorry, but I too dont agree that your personal observations on your limited and brief visit to China reflects the actual situation.

In the first quarter of Samsung was leading with 22% and Apple trailing at 19% of the smartphone market. More than 66% of the smartphones sold in China over the first quarter of 2012 run on Android, as China is now also the biggest Android smartphone market, accounting for more than 25% of worldwide Android shipments.

Android, Samsung rule China's enormous smartphone market

Maybe the information is incorrect, but I havent seen any reliable statistics.
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Old 07-08-12   #7
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Re: Chinese Tech Billionaire To Launch Next Xiaomi Smartphone

Originally Posted by Sumonpathak View Post
any other Chinese trash?
Are you calling the Samsung Galaxy S III and the iPhone 4S as thrash?
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Old 07-08-12   #8
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Re: Chinese Tech Billionaire To Launch Next Xiaomi Smartphone

Originally Posted by vijayninel View Post
Are you calling the Samsung Galaxy S III and the iPhone 4S as thrash?
Naah...not counting those...but whenever ppl say made in china...u know what pic it gives .........
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Old 07-08-12   #9
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Re: Chinese Tech Billionaire To Launch Next Xiaomi Smartphone

Originally Posted by Sumonpathak View Post
Naah...not counting those...but whenever ppl say made in china...u know what pic it gives .........
Well its not the Chinese fault if Indian importers only buy the cheapest thrash (because Indian consumers demand cheapest thrash). The European and American consumers source great stuff from China. Some of the best American and European brands source all their stuff from China.

It is not the Chinese who make only low quality stuff. They make both great stuff and low quality stuff. It is Indians who search and buy only low quality stuff. We are the thrash.
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Old 07-08-12   #10
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Re: Chinese Tech Billionaire To Launch Next Xiaomi Smartphone

Looks like the galaxy
But if its price at 21k in india(if in near future) with good warranty and aftersales services then its good VFM at that price point.
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Old 07-08-12   #11
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Re: Chinese Tech Billionaire To Launch Next Xiaomi Smartphone

Originally Posted by vijayninel View Post
Well its not the Chinese fault if Indian importers only buy the cheapest thrash (because Indian consumers demand cheapest thrash). The European and American consumers source great stuff from China. Some of the best American and European brands source all their stuff from China.

It is not the Chinese who make only low quality stuff. They make both great stuff and low quality stuff. It is Indians who search and buy only low quality stuff. We are the thrash.
ah well...u get the idea.....
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Re: Chinese Tech Billionaire To Launch Next Xiaomi Smartphone

they should work on tablets, who need more phones..tablet with extended functionality including telephony imho
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Old 07-08-12   #13
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Re: Chinese Tech Billionaire To Launch Next Xiaomi Smartphone

Cook said in the October earnings call: “For China — the sky’s the limit there. I’ve never seen so many people rise into the middle class who aspire to buy Apple products. It’s quickly become #2 on our list of top revenue countries.”

Apple

---------- Post added at 09:00 PM ---------- Previous post was at 08:59 PM ----------

Originally Posted by vijayninel View Post
Well its not the Chinese fault if Indian importers only buy the cheapest thrash (because Indian consumers demand cheapest thrash). The European and American consumers source great stuff from China. Some of the best American and European brands source all their stuff from China.

It is not the Chinese who make only low quality stuff. They make both great stuff and low quality stuff. It is Indians who search and buy only low quality stuff. We are the thrash.
+1 Excellently said.
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Old 07-08-12   #14
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Re: Chinese Tech Billionaire To Launch Next Xiaomi Smartphone

Lei Jun seems to be a good visionary.
I think this would surely work for him.
Sell quality products in your own country and not expecting much as profit for sales of his first gen phones. (B'coz his Billionaire).
Cmon, we need some of Indians to be like this and offer some good product. They might become companies like Apple/Samsung/Nokia in the future.

To all those who gets bad image of Made In China products...please look at your iPhones...Designed by Apple in California Assembled in China.
And now if you point out that you believe in Apple designers, there is a high probability that most of the designers would be Asians.
Same goes with many other brands.
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Old 07-08-12   #15
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Re: Chinese Tech Billionaire To Launch Next Xiaomi Smartphone

Originally Posted by nikolain View Post
Cook said in the October earnings call: For China the skys the limit there. Ive never seen so many people rise into the middle class who aspire to buy Apple products. Its quickly become #2 on our list of top revenue countries..
Yes actually China is the second biggest market for the iPhone after they U.S and the worlds largest smartphone market. However for Apple the world primarily consists of the U.S and Apple could easily lose its big sales in China if they dont take steps to stem the competition there. Also, its strategy of suing competitors on basis of ridiculous patents wont work in China as the Chinese courts will throw them out.

Do you think Cook will launch the next iPhone in Beijing or Shanghai even though China is the worlds largest smartphone market (27% of total) ? No they wont. For Apple : World = USA.
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