Redmi Note 7. – VNS Photo courtesy of Xiaomi Vietnam Viet Nam News HCM CITY -- Global technology company Xiaomi launched the Redmi Note 7 in HCM City on Thursday. The company said the mobile phone was one of four new products it is launching that day to kick off its third year in the Vietnamese market and expand its already large product portfolio. “In March 2017 Xiaomi first entered Việt Nam with its distributor agreement,” Steven Shi, Xiaomi’s head of Southeast Asia, said. “We started with nothing here other than some very loyal Mi Fans. In the two years that have passed we have built a brand that sees us number four in the market, oversees a range of Mi stores spanning the nation, and offers a full eco-system of products that we are adding to today.” “We promised Việt Nam that we would deliver on our Innovation for Everyone mission here, and today we are once again fulfilling that promise to the market,” he … [Read more...] about Xiaomi unveils new products to welcome 3rd year in Việt Nam
Xiaomi product launch
Despite last year’s expansion to household goods and functional foods, Digiworld’s current revenues have completely depended on Xiaomi. Xiaomi has opened eight stores in Vietnam Retaining focus on mobile phones Digiworld Corporation (HSX: DGW) recently announced its highest sales figures to date. The company’s revenue for the second quarter was VND1.363 trillion ($60 million), up 72 per cent on-year. This increased the revenue of the first half of the year to VND2.628 trillion ($115.8 million), up 70 per cent on-year and equalling 56 per cent of the yearly plan. Digiworld’s profits also increased to VND23 billion ($1.01 million), up 13 per cent compared to the second quarter of last year. Profit after tax was estimated at VND42 billion ($1.85 million) for the first half of the year, equivalent to 42 per cent of the yearly plan. This business result records the efficiency of co-operation between Digiworld and Xiaomi while applying Market Expansion … [Read more...] about Can Xiaomi bring long term benefits to Digiworld?
Vietnamobile and Xiaomi have become strategic partners and are offering promotions to each other’s customers. — VNS Photo Courtesy of Vietnammobile Mobile operator Vietnamobile has announced a tie-up with Xiaomi and the two are offering free data and discounts on products. Under the promotion, until the end of July subscribers to Vietnamobile’s Sieu Thanh SIM plan will get up to 20 per cent off on some Xiaomi IoT products at Mi Stores and a chance to win lucky draw prizes. The two companies plan to launch road shows at industrial zones and universities. Elizabete Fong, general director of Vietnamobile, said: “After the successful launch and positive consumer feedback for the ‘Sieu Thanh SIM’, Vietnamobile realised that creating an open eco-system is an important part of enhancing customers’ digital experience. “This time around, Vietnamobile is bringing to our customer more than just free data, calls and texts but also an eco-system of … [Read more...] about Vietnamobile, Xiaomi strike deal
Vietnamobile establishes strategic partnership with XiaomiBy Chi Thinh Elizabete Fong (L), general director of Vietnamobile, and a Xiaomi’s representative (R) show logos of their respective companies after signing an agrement at a ceremony held on June 28 - PHOTO: CHI THINH HCMC - Local mobile carrier Vietnamobile on Thursday struck a long-term deal with Xiaomi, a Chinese smartphone manufacturer, in HCMC, where the two parties will roll out products combining the features of Xiaomi’s smartphones with the partner’s mobile packages. Besides this, the two firms will launch mutual distribution channels. For instance, key products of Vietnamobile, including Super SIM cards, will be featured at Mi stores nationwide, and customers, when purchasing items at any outlets of Vietnamobile and Xiaomi, will be able to take advantage of both outlets’ promotions. The move is intended to expand the operational network of Vietnamobile and promote Xiaomi products in the … [Read more...] about Vietnamobile establishes strategic partnership with Xiaomi
Software maker Microsoft Corp is selling about 1,500 of its patents to Chinese device maker Xiaomi, a rare departure for the U.S. company and part of what the two companies say is the start of a long-term partnership. The deal, announced on Wednesday, also includes a patent cross-licensing arrangement and a commitment by Xiaomi to install copies of Microsoft software, including Office and Skype, on its phones and tablets. Both companies declined to discuss financial terms of the deal. "This is a very big collaboration agreement between the two companies," Wang Xiang, senior vice president at Xiaomi, said by telephone ahead of the deal. Analysts said Xiaomi's ambitions to be a major player outside China were hampered by weak patent protection and a fear of a prolonged legal battle. "This deal might just give them enough of a patent trove to move to Western markets," said Sameer Singh, a UK-based analyst. "Their position in China has been under constant attack from even lower-end Android … [Read more...] about Microsoft sells patents to Xiaomi, builds ‘long-term partnership’