I spotted this outdoor poster in downtown Palo Alto last month. It’s a friendly hello from the Samsung Accelerator that just set up its office there.
Here’s a story that analyst Benedict Evans uses to describe Samsung’s situation in the Cubed podcast (I’m paraphrasing):
It’s a race. [...]
Two things stand out when I talk to foreign app developers about China:
1) They’re very excited about the opportunity;
2) They know almost nothing about the market.
If they’re so eager, then why is still so hard for them to understand the China market?
Austin, Texas headquartered Appconomy arrived in Shanghai just 18 months ago, but is already looking like an old China hand. Through its unique vision and close partnership with Neusoft, China’s largest software company, Appconomy has built a suite of mobile services and cloud infrastructure with the potential to revolutionize how retailers and customers interact—not only [...]
Today marks the launch of TechRice Design, a new project to highlight the best in Chinese web and mobile user interfaces (UI). The blog would be hosted here on Tumblr, but I want to share this announcement with all TechRice readers.
Mary Meeker of the prominent VC Firm Kleiner Perkins Caulfied Byers released her annual Internet Trends slide deck at the D11 Conference on May 29th. Meeker’s report highlighted a number of compelling trends, including the astounding growth of Android and iOS mobile market share (now a combined 88% globally from 5% in 2005), mobile traffic [...]
In his quest to build a better phone, Lei Jun visited hardware manufacturers from around the world. At Nokia, the head of R&D agreed with many of ideas, but had no ability to implement them. In the end, all of his hosts listened politely, but Lei Jun had nothing to show for it. Instead, he decided to build it himself.
The rest is already a part of history: Xiaomi Technology is likely the fastest growing tech company ever. In its first full financial year, Xiaomi generated $2.1 billion in revenue. That dwarfs the $713.4 million that Groupon did in its second full year of business, when it was said to be the fastest-growing company in history. In its second full year, Lei Jun, CEO of Xiaomi, expects the company to generate $4.5 billion.
As I was reviewing an old business plan for Wandoujia, I stumbled across our old projections for Android growth. In Nov. 2010, we projected Android to have about 140 million users worldwide, with 20 million in China, by the end of 2012. Oh my, how very very wrong we were.
The Staggering Rate of Smartphone Adoption
In a LinkedIn post from November of 2012, former Director of Google China and head of Beijing-based venture firm Innnovation Works Kai Fu Lee predicted that the installed base of smartphones in China would double to 500 million by the end of 2013 (note that Mobithinking [...]
Nestled in the hills of Shenzhen in southern China, stands a factory that churns out smartphones day and night. Migrant workers labor for fourteen-hour shifts, six days a week. Most welcome the overtime, which is usually paid. Components stand around in cardboard boxes piled around the edges of the factory: MediaTek chipsets, touch screens, 8GB of flash memory, and a generic black plastic case. After assembly, the device will be flashed with a modified version of Android Ice Cream Sandwich that’s stripped of all traces of Google and pre-loaded with about forty Chinese apps. One ChinaDroid is ready for sale.
One of the highlights of last weekend’s China Game Developers Conference in Shanghai was the talk given by Kabam Games co-founder, chief technology officer and current Beijing office manager Michael Li, who told the story of the company’s journey to producing the #1 grossing iOS game (both overall and in 26 different countries) and #2 [...]
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