Aa recent industry gathering hosted by Nigeria’s pioneering Hit Music & Commerce Station, Konga 103.7FM, renowned tech entrepreneur and Chairman of Zinox Group, Dr. Leo Stan Ekeh, delivered a compelling case for revolutionizing how brands connect with consumers in today’s hyper-competitive market. Dr. Ekeh positioned what he termed the “Last …
Read More »Samsung, Apple Maintain Top Spots as Smartphone Competition Heats Up
Despite a challenging global economic climate, the smartphone industry continued to demonstrate resilience in the second quarter of 2024. According to the latest data from International Data Corporation (IDC), the overall market experienced a modest growth of 6.5% compared to the same period last year. While the industry as a …
Read More »Xiaomi Select Keysight Solutions To Validate 5G Smartphones, IoT Devices
Chinese smartphone maker Xiaomi has selected Keysight’s technologies to validate the 5G technology powering Xiaomi’s 5G smartphones and Internet of Things (IoT) devices. “We are pleased to continue our support of Xiaomi with solutions that validate the performance of 5G smartphones and IoT devices to ensure expected end-user quality of …
Read More »51% of Smartphones Sold Globally Now Support 5G
Apple’s iPhones led the mobile industry to a milestone in January, when handsets with 5G cellular networking accounted for more than half of smartphone sales for the first time. Phones with the advanced technology made up 51% of units sold, according to Counterpoint Research data. 5G connectivity is seen as a …
Read More »Xiaomi to Mass Produce Electric Cars by 2024
The Chief Executive Officier of Xiaomi, Lei Jun said the Chinese smartphone maker will mass produce its own cars in the first half of 2024, a company spokesman said on Tuesday. The comments, which were made at a investor event, were first reported by local media and later confirmed by …
Read More »Xiaomi Records 64% Revenue Growth, Acquires Deepmotion for $77.3 Million
Xiaomi reported a second-quarter net income of $1.28 billion on revenue of $13.56 billion following the Chinese technology giant’s strong surge in smartphone market share globally. During the quarter that ended in June, Xiaomi said it saw a 64% year-on-year growth in revenue, and its net income surged over 80% …
Read More »Samsung Retains Top Spot as Best Selling Smartphone in Africa as TECNO, Xiaomi Close Gap
A new market analysis firm has confirmed Samsung as the best-selling smartphone in the MEA (Middle East and Africa) region in Q2 2021. The report titled – Counterpoint Research Market Pulse, June 2021 – revealed that the company boosted market spending at the start of the year, leading to good …
Read More »Xiaomi Beats Apple in Global Smartphone Shipments, Becomes Second Largest Smartphone Brand
Chinese smartphone maker Xiaomi has becomes the second-largest smartphone maker in the second quarter, overtaking Apple in global smartphone shipments, according to analyst firm Canalys. Xiaomi had a 17% share of global smartphone shipments, ahead of Apple’s 14% and behind Samsung’s 19%. A banner quarter for Xiaomi helped the Chinese mobile company …
Read More »Xiaomi Revenue Rises by 55% in Q1, Leads Smartphone Market in 12 Countries
Chinese smartphone maker Xiaomi Corp reported first-quarter revenue growth of 55%, exceeding analyst expectations as it nabbed market share from one-time sector leader Huawei Technologies Co Ltd. Xiaomi published its financial report on the three-month period that ends on March 31 2021, which shows growth across the board. The total …
Read More »Xiaomi Unveils Redmi Note 10 5G Smartphone into Nigeria Market
Xiaomi has become the latest company to introduce an affordable smartphone with 5G (Redmi Note 10 5G) into Nigeria market. According to the Marketing Director, Somoye Habeeb while speaking at the launching of the Redmi Note 10 5G on Monday, June 21, 2021 said Xiaomi story in Nigeria has been …
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