Insta360, one of the pioneers in making 360-degree cameras, just raised $30 million in a Series C+ funding round from Chinese investors, including Everest Venture Capital, MG Holdings and Huajin Capital. The Shenzhen-based camera maker declined to disclose its latest valuation. It plans to use the fresh proceeds in research and development, marketing and after-sales services […]
Xiaomi, the Chinese company known for its cheap handsets and a vision to drive revenues by selling internet services, has come in ahead of analysts’ estimates in its fourth-quarter profit although revenues missed expectations. The Hong Kong-listed company more than tripled its net profit to 1.85 billion yuan ($276 million), exceeding the 1.7 billion yuan […]
Gartner’s smartphone market share data for the just gone holiday quarter highlights the challenge for device makers going into the world’s biggest mobile trade show, which kicks off in Barcelona next week: The analyst’s data shows global smartphone sales stalled in Q4 2018, with growth of just 0.1 percent over 2017’s holiday quarter, and 408.4 […]
Fourteen years after unveiling its first location in New York, Nintendo is finally opening an official store in Japan, too. Nintendo Tokyo will be located in Shibuya Parco, the new flagship of the Parco department store chain. Nintendo Tokyo is scheduled to open at the same time as the shopping center (autumn 2019). In an announcement, […]
It seems inevitable that the high seas will eventually play host to a sort of proxy war as automated vessels clash over territory for the algae farms we’ll soon need to feed the growing population. But this rocket-launching robo-boat is a peacetime vessel concerned only with global weather patterns.
Sick of filling the limited space on your phone with apps, photos and videos? Sometime in the near future, your smartphone could ship with more than one terabyte (1TB) of internal storage and run 10 times faster than a standard memory card. Samsung is best known for making smartphones, but the company’s memory division — one of […]
China’s Xiaomi has become the latest smartphone maker to tease a folding smartphone, dropping the below video clip of its president and co-founder, Bin Lin, fondling the device on social media today. The twist is the tablet does not have a single center parting but rather two folds that divide it into three panels, with […]
DJI, the world’s leading maker of consumer drones, said today that extensive corruption discovered within the company could lead to losses as great as $150 million in the 2018 financial year. The exact nature of the corruption is not stated, but it seems to involve dozens of people at the least.
A veteran TV maker just got a notable refresh as it enters the age of connected devices. Xiaomi, the Beijing-based firm best known for budget smartphones, has bought 65.2 million shares, or 0.48 percent, of Chinese home appliance maker TCL, said TCL in a statement to the Shenzhen Stock Exchange on Sunday. Shares of TCL, the world’s third-largest […]
First it was the notch, now the hole-punch has emerged as the latest tech for concealing selfie cameras whilst keeping our smartphones as free of bezel as possible to maximize the screen space. This week, Samsung and Huawei both unveiled new phones that dispense with the iconic “notch” — pioneered by Apple but popularized by everyone — […]