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Alibaba invests $590 million in Meizu

In a new development, Chinese e-commerce giant Alibaba Group today announced that it has agreed to invest $590 million for a minority stake in smartphone maker Meizu. The investment will


Oppo U3 announced with 5.9″ 1080p display and 64-bit MediaTek processor

Oppo has announced the anticipated Oppo U3 smartphone with massive 5.9-inch 1080p display. The smartphone will be in the Chinese market later this quarter to take on the recently announced


Xiaomi Mi Note Pro announced with 5.7″ 2K display, Snapdragon 810 chip and 4G RAM

Alongside unveiling the Mi Note flagship smartphone, Xiaomi unveiled the Mi Note Pro phablet at its event in Beijing earlier today. The new smartphone is even better than the Mi


Xiaomi Redmi 2 announced with 64-bit Snapdragon 410 chip and Android KitKat OS

Alongside revealing the last year’s sales of 61.1 million smartphones, Xiaomi today announced the Redmi 2 smartphone as the successor of its Redmi 1S. The new smartphone will be available


Xiaomi sold 61.1 million smartphones in 2014

After becoming the world’s third-largest smartphone maker, Xiaomi today announced that it has sold 61.1 million smartphones in 2014 and has generated RMB 74.3 (nearly $12 billion) revenue. Xiaomi Global


Huawei Ascend GX1 announced with 6-inch display and Snapdragon 410 chipset

Huawei has announced its new phablet-like smartphone, called the Ascend GX1. This smartphone features a large, 6-inch display. Huawei Ascend GX1 seems like a cheaper variant of the Ascend G7


Asus Pegasus X002 with 5-inch HD display announced to take on Chinese smartphone offerings

Asus has announced the Pegasus X002 smartphone with an affordable price tag of CNY 799 (approximately Rs. 8,000). This new smartphone has all great things to take on some of


Xiaomi Redmi 2S specs surfaced, rumoured to have 64-bit Snapdragon 410 chip

After the success of Xiaomi Redmi 1S, the Chinese smartphone maker is now apparently all-set to introduce its successor which would be called the Redmi 2S. The smartphone has just surfaced


ZTE unveils fully voice-controlled Star 2 flagship smartphone

Chinese smartphone maker ZTE has officially unveiled its first fully voice-controlled flagship smartphone, called the ZTE Star 2. This new smartphone offers a hands-free experience to its users through its


Xiaomi made just $56 million profit in 2013 despite of $4.30 billion revenue: Reuters

Things are going wrong for Xiaomi as few days after it being banned in India, it has now been reported to have made just 347.48 million yuan ($56.15 million) profit on