Connect with us

Hi, what are you looking for?

Capital Business
Capital Business
But critics say the firm has simply copied the look of Apple's iPhones, thriving because of weak intellectual property protection in China/XINHUA-File

Kenya

China smartphone maker Xiaomi wants a bite of Apple

But critics say the firm has simply copied the look of Apple's iPhones, thriving because of weak intellectual property protection in China/XINHUA-File

But critics say the firm has simply copied the look of Apple’s iPhones, thriving because of weak intellectual property protection in China/XINHUA-File

SHANGHAI, China, Jan 8 – When the charismatic founder of upstart Chinese smartphone maker Xiaomi took the stage at an Internet conference, he was open about his ambition: world domination.

“In the next five to 10 years, Xiaomi has the opportunity to become the world’s number one smartphone company,” Lei Jun told the Chinese-organised World Internet Conference.

Xiaomi, which takes its name from the Chinese word for millet, has excelled in China’s cut-throat smartphone market by delivering high-performance products at cheap prices.

In less than five years, the Chinese company has become the world’s number three smartphone vendor, behind only Apple and South Korea’s Samsung, shipping 17.3 million phones in the third quarter of 2014, according to International Data Corp (IDC).

Xiaomi claims sales of more than 61 million smartphones last year, up 227 percent from 2013, with turnover more than doubling to $12 billion.

But critics say the firm has simply copied the look of Apple’s iPhones, thriving because of weak intellectual property protection in China.

Apple has never taken legal action against Xiaomi, but in a veiled reference to the firm, the US giant’s senior vice president of design Jony Ive has called similarities between their products “theft”, the Wall Street Journal reported.

A spokesman for Xiaomi’s marketing department told AFP: “We hope these biased people can put down their tinted glasses, examine Xiaomi’s practices and experience our products and then make a fair appraisal.”

Pages: 1 2 3 4

Click to comment
Advertisement

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Headlines

NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...

Kenya

NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...

Coronavirus

NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...

Coronavirus

NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...