Xiaomi to sell smartphones in U.S. and India…

China’s leading smartphone maker Xiaomi saw a 38% YoY decline of smartphone shipments in China in Q2 2016, according to market research firm IDC. The company is going to sell smartphones in the U.S. to…

Apple’s trick to help its 14 assembly sites…

Apple announced on Wednesday that all 14 of its final assembly sites in China have achieved zero-waste, using recycling or converting waste into energy. Around the world, Apple has 18 final assembly suppliers/facilities in total.…

Over the hill? Apple falls behind Huawei and…

Apple’s share in the smartphone market in China has fallen behind China's leading smartphone makers Huawei and Xiaomi in the second quarter of 2016, market research firm Kantar Worldpanel ComTech reported on Wednesday. According to…

Didi Chuxing secures a whopping USD 7.3 Billion…

China’s largest ride-hailing app Didi Chuxing announced on Thursday to have completed a USD 7.3 billion financing round, including USD 4.5 billion in equity fundraising from Apple, China Life, Ant Financial and other new shareholders.…

Didi’s algorithms to check 14 million drivers to…

Didi Kuaidi has enjoyed enormous success: its widespread use makes it China’s largest ride-hailing platform, and it has landed funding of USD one billion from Apple. Its next valuation is expected to reach between USD…