Facebook may be looking to sell a standalone virtual reality headset next year for $200, capable of working without a linked PC or mobile device. The unnamed device will be tailored to customers that cannot afford a high-spec PC or mobile, according to Bloomberg. The report did not say if the device will be a […]
Tag Archives: Xiaomi
Fitbit buys Pebble as wearables consolidation continues
Fitbit is reportedly buying the troubled Pebble smartwatch in further consolidation in the flagging wearables market. Full details and dollar value of the deal hasn’t yet been made public but the two firms, which were said to be in the final stages of a tie-up prior to Thanksgiving, have now reportedly inked a deal. And […]
World’s second biggest wearables maker debuts new smartwatch
Chinese wearables maker Huami recently launched its latest product — the Amazfit smartwatch. Anhui Huami Information Technology Co. Ltd. launched its new connected wearable device in late August. Huami, which is headquartered in the eastern Chinese city of Hefei, is better known as the maker of the Xiaomi fitness tracking wrist band which has sold more than […]
Worn in China: Chinese wearable shipments soar in 2016
China may become the world’s largest wearable customer in 2017, if sales continue to surge as they have in 2016. In the past year, the country has seen an 84 percent increase in wearable sales, reaching 9.5 million between April and June this year. Analyst firm IDC revealed the numbers earlier this week and predicted […]
Customers love fitness trackers, but smartwatches? Not so much.
A trend is starting to appear, fitness trackers sales continue to rise, while smartwatches start to dwindle. IDC’s second quarter wearable sales report continues the trend, revealing a 48 percent rise in basic wearables and a 27 percent decline in smart wearables. Fitbit retained the top spot in the wearables market. It sold 5.7 million […]
Apple drives wearables to $6 billion in first quarter sales
Wearables continue to display strong growth in the first quarter of the year, reaching $6 billion in revenue on a 133 percent yearly growth. The main factor for pushing wearables passed the $6 billion mark is the Apple Watch, which is already the most successful smartwatch on the market, despite being less than a year […]
Smartwatches fail to keep time despite wearables growth
The wearables market has seen over 67 percent annual growth in the past twelve months, but the smartwatch industry continues to drag down the numbers. Market research firm IDC posted sales results for the first quarter, which shows Fitbit and Xiaomi ahead of the rest by a considerable margin. The two companies hold 24.5 and 17 […]
What everyone’s missing in Apple’s earnings drop
Apple’s iPhone sales declined for the first time since 2003. That’s the bad news, and judging from the pundits, the sky has started to fall on Apple’s halcyon days. One analyst goes so far as to say that “the only thing that is plainly clear concerning Apple is that it has saturated the market with its […]
Juniper: Expect contactless payments to surge
Contactless payments from smartphones and wearables is still a small segment of the payments market, but might see a surge in usage over the next two years, according to Juniper Research. The research firm predicts the value of the smartphone and wearable contactless payments to rise from $35 billion to $95 billion in 2018. See […]
How Fitbit Kept The Wearables Crown
Apple is challenging the leader, but hasn’t beaten it yet.
Mobile Giant Xiaomi Will Launch U.S. Sales—Just Not Of Its Phones
The U.S. is a tough market for a low-margin smartphone.
The iPhone May Be Booming, But The iPad Is Still Cratering
Its sales fell 14% in 2014.
5 Things You Need To Know About Xiaomi
Meet your future Chinese tech overlord.