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Samsung invests $500M to set up a smartphone display plant in India

Samsung invests 0M to set up a smartphone display plant in India Samsung, which once led India’s smartphone market, is investing $500 million in its India operations to set up a manufacturing plant to produce displays at the outskirts of New Delhi. The company disclosed the investment and its plan in a […]

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Xiaomi spins off POCO as an independent company

Xiaomi spins off POCO as an independent company Xiaomi said today it is spinning off POCO, a sub-smartphone brand it created in 2018, as a standalone company that will now run independently of the Chinese electronics giant and make its own market strategy. The move comes months after a top POCO executive […]

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Goldman Sachs leads $15M investment in Indian fintech startup ZestMoney

Goldman Sachs leads M investment in Indian fintech startup ZestMoney One of America’s largest banks has just poured some money to help millions of Indians without a credit score secure loans and make purchases online for the first time in their lives. Bangalore-based ZestMoney announced today it has raised $15 million from […]

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Wearable band shipments grew globally, driven by Xiaomi

Wearable band shipments grew globally, driven by Xiaomi Apple may dominate the wearable conversation here in the States, but things look a fair bit different on the other side of the world. In Asia, Xiaomi is the giant in the room. According to new numbers form Canalys, the Chinese manufacturer was the […]

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Xiaomi launches app to offer credit to millennials in India

Xiaomi launches app to offer credit to millennials in India Xiaomi, the top smartphone vendor in India, today joined a growing wave of fintech startups in the nation that are offering credit to aspirational young professionals and millennials. The Chinese electronics giant said today it is launching Mi Credit, its digital lending […]

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Android’s Ambient Mode will soon come to ‘select devices’

Android’s Ambient Mode will soon come to ‘select devices’ You’ve probably heard murmurs about Google’s forthcoming Ambient Mode for Android . The company first announced this feature, which essentially turns an Android device into a smart display while it’s charging, in September. Now, in a Twitter post, Google confirmed that it will […]

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European smartphone shipments grew in Q3, driven by Samsung

European smartphone shipments grew in Q3, driven by Samsung Europe bucked global smartphone stagnation in the third quarter, marking an 8% year over year growth in device shipments. That number, provided by Canalys, puts the region at the top of smartphone growth figures, beating out Asia/Pacific’s six percent. Once again, Samsung was […]

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Xiaomi integrates earthquake alert system into MIUI OS, unveils Xiao AI 3.0 digital assistant

Xiaomi integrates earthquake alert system into MIUI OS, unveils Xiao AI 3.0 digital assistant Xiaomi today unveiled a new iteration of its virtual assistant Xiao Ai and shared a new feature of Android -based MIUI operating system as the publicly listed Chinese technology group pushes to expand its internet services ecosystem. The […]

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China Roundup: Alibaba’s Hong Kong listing and Tencent’s new fuel

China Roundup: Alibaba’s Hong Kong listing and Tencent’s new fuel Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. The earnings season is here. This week, long-time archrivals in the Chinese […]

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Chinese EV startup Xpeng Motors raises $400 million, takes on Xiaomi as strategic investor

Chinese EV startup Xpeng Motors raises 0 million, takes on Xiaomi as strategic investor Xpeng Motors, the Chinese electric vehicle startup backed by Alibaba and Foxconn, has raised a fresh injection of $400 million in capital and has taken on Xiaomi as a strategic investor, the company announced. The Series C includes […]

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