Update of Chinese Smartphone Makers, What Are They Doing?

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In order to be more profitable and get ready for the coming competitions, Chinese smartphone makers are very busy recently, some are busying with financing, while some are expanding products line, so let’s update this.   On 9,Feb, Meizu and Alibaba jointly announced their strategy cooperation, Alibaba made USD 590 million investment on Meizu, in addition, a domestic fund also invested USD 60 million. So Meizu harvest quiet abundant investment in a short time.

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At the end of 2014, Lei Jun, CEO of Xiaomi Technology, declared on his micro blog that Xiaomi had finish new around financing with totally 1.1 billion, it is very surprising. The investor come from YF Capital, which is affiliated to Alibaba, All-Stars Investment, DST Global from Russian, and GIC from Singapore.

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And also at same time, Coopad and Qihoo 360 established a jointed company on smratphone R&D, with 400 million registerd capital. Shortly after this, Coopad and 360 released their first smartphone Dozen X7.

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Huawei is busying with sales channel for Honor series, a new operation platform will integrate terminals with Huawei Honor for sale, while maintain Honor as a independent brands. Thus to help Honor sales in offline channels.5

Smartisan was criticized because of its low production capacity in the past 2014, Luo Yonghao made promise at a speech that he will expand the productive capacity by huge amount. As for the next generation smartphone T2, the release conference will be held only when there are 100 thousands stock.

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On Dec.18, Chen Xudong , VP of Lenovo told to the media that a new branch will begin operation on April,1, which is called Magic Factory. Yang Yuanqing, CEO of Lenovo said that Magic Factry will implement the same online selling channels as Xiaomi did.

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Calvin Zhang

Calvin Zhang is a senior editor at Driversdown and also in charge of the whole editor team, he has a Master degree of chemical science and technology, before joined Driversdown Calvin has been working for a UK publisher for 8 years, where he gained publishing and English skill. Calvin always takes attitude as key element of success, as he said, attitude is everything. Contact Calvin via barcasoul@aliyun.com