The Artificial Intelligence of Things (AIoT) market in China has reached 380.8 billion yuan in 2019, with an increase of over 47%; and, China’s AIoT is estimated to grow to 750.9 billion yuan in 2022. The government-related AIoT market will grow dramatically and account for 51% of the total AIoT market in 2022 from 17% […]
China Internet of Things (IoT)
China's IoT market is often regarded as AIoT, the artificial intelligence of things. Check out the key players, such as Xiaomi and Alibaba, and market insights below.
Xiaomi highlights in 2019; MIUI MAU up 28% to 310M in 2019
In 2019, Xiaomi’s total revenue was RMB205.8 billion, an increase of 17.7% year-over-year. Adjusted net profit was RMB11.5 billion, an increase of 34.8% year-over-year. For Q4 2019, Xiaomi recorded RMB56.5 billion in revenue, an increase of 27.1% year-over-year, while adjusted net profit was RMB2.3 billion, an increase of 26.5% year-over-year.
MWC Barcelona 2020: 5G, IoT, AI, Security
Innovative breakthroughs are happening every day in the tech and mobile world, which makes it challenging to pinpoint exactly what topics we’ll be concentrating on this year. With all this mind, our content team spent the past few months diligently researching the most cutting-edge and impactful topics for MWC Barcelona 2020. The next era in technology […]
Xiaomi in Q3 2019; IoT platform saw 213 million connected devices
The number of connected IoT devices on Xiaomi’s IoT platform reached approximately 213.2 million in Q3 2019, up 62.0% YoY. The number of users who have five or more devices connected to Xiaomi’s IoT platform increased to 3.5 million, an increase of 78.7%. MAUof MIUI, Xiaomi’s Android-based operating system, reached 291.6 million. In September 2019, […]
Xiaomi in Q2 2019: smart hardware, IoT, AI, internet services
Xiaomi’s monthly active users (“MAU”) of MIUI reached 278.7 million, an increase of 34.7% YoY. AI assistant “ Xiao’ai ” had 49.9 million MAU; Xiaomi ranked 4th globally in terms of smartphone shipments; and, global shipments of its smart TVs reached 2.7 million units.
Xiaomi performance highlights in Q1 2019
In the first quarter of 2019, Xiaomi recorded RMB43.8 billion in revenue, representing an increase of 27.2% over the corresponding period of 2018. Profit for Q1 2019 grew to RMB3.2 billion and Adjusted Net Profit grew 22.4% year-on-year to RMB2.1 billion.
GSMA Outlines New Developments For MWC Shanghai 2019
New Speakers Announced from Alibaba, ATM, China Mobile, General Electric Power, JPMorgan Chase, Lenovo, Qualcomm, Shenzhen Valley Ventures; GSMA Outlines AI Accelerate Programme; Innovation City To Showcase Latest Mobile Technologies.
China 5G, IoT, VR device shipment forecast 2019-2023
By 2022, China will see 100 million units 5G smartphone and 9.98 billion units IoT devices. China’s internet giants have been acting actively to industrial internet and paid more attention to B2B business from different aspects. 5G network is finally starting to feel real in 2019 with smart devices (including smartphones, smart autos, and VR/AR […]
Internet economy overview 2019: China vs. the U.S.
China’s road to digital transformation is quite different from other markets as the consumer internet is driving the development of industrial internet, according to a report co-released by the Boston Consulting Group (BCG), Alibaba, and Baidu. To a certain extent, Chinese consumers have led a highly digital daily life. 20% of households in first- and […]
Xiaomi performance highlights for 2018; IoT connected devices grew by 193%
The number of connected devices (excluding smartphones and laptops) on Xiaomi’s IoT platform reached approximately 150.9 million units in 2018, a year-on-year increase of 193.2%. Xiaomi AI assistant Xiaoai had been installed and activated on more than 100 million smart devices as of December 31, 2018, and had over 38.8 million monthly active users in […]
Over 40% of Xiaomi’s US$7.31 bn from overseas in Q3 2018
Xiaomi shipped 33.3 million units smartphones in Q3 2018, a 20,4% growth year-on-year. That recorded approximately US$5.04 billion in revenue, an increase of 36.1% year-on-year. Xiaomi Mi 8 ranked 1st in terms of sales volume on Singles’ Day shopping festival 2018. Xiaomi smartphone shipments for Western Europe grew 386% year-on-year and ranked fourth in terms of smartphone […]
Video: how China’s largest automated warehouse works
Alibaba Group’s Double 11 Global Shopping Festival is the biggest shopping event. This year, the one-day event brought in over $30 billion in gross merchandise volume. Delivering these $30 billion goods to consumers replies a lot on Alibaba affiliated logistics company Cainiao (majority owned by Alibaba). In 2017, Cainiao delivered 812 million orders. But how?
Xiaomi sold 32 million smartphones in Q2 2018
In Q2 2018, Xiaomi reported a high growth of 58.7% in smartphone revenues to 30.5 billion yuan (US$4.61 bn), accounting for roughly two-thirds of the total revenues. Smartphone sales volume reached 32.0 million units, up by 43.9% year-on-year. IoT and lifestyle products grew 104.3% year-on-year in revenues with the global sales volume of smart TVs grew over […]
Consumer robot expected to reach US$1.6 billion sales in China in 2018
Chinese consumers aged between 15 and 49 years have a stronger passion for high tech products than those aged over 50, according to a report from Gfk. For 28% of consumers who aged between 15 and 19 years, having the latest household electronics is of equal importance as luxury cars or a second car. That […]
New energy vehicle trends from 2018 Beijing Auto Show
New energy vehicle is the hottest theme of this year’s Beijing Auto Show. Kantar TNS Auto expert summarizes major trends in this sector.