Chinese

Android Completely Owns The Chinese Smartphone Market

Source: https://intelligence.businessinsider.com/welcome

Android’s share of the Chinese smartphone market ended the third quarter at 90 percent.

According to Analysys International, Android’s share is up from 83 percent a quarter prior and 58 percent a year ago.

With the Chinese market now accounting for a quarter of global smartphone shipments, Android’s dominance there is driving its widening lead in global smartphone platform market share.

In China, Android’s gain has mostly come at the expense of Symbian, Nokia’s antiquated platform that will eventually disappear as Nokia shifts its product offerings on to Windows Phone.

Interestingly, despite its dominance, Google only offers limited support for Google Play in China and Android apps are usually downloaded in third-party app markets.

Apple, meanwhile, has never really gained traction after a weak market entry on only on! e of the country’s major providers. The iPhone 5 will be available on two carriers, but as of now will not be distributed by the largest carrier, China Mobile. Additionally, while many Chinese consumers may fawn over iPhones, they are simply out of reach financially for a substantial part of the market.        

china smartphone market share

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Friday, December 14th, 2012 news No Comments

An Enormous Chinese Price War Backfired For Everybody Involved

Source: http://www.businessinsider.com/an-enormous-chinese-price-war-backfired-for-everybody-involved-2012-9

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Some of China’s largest retailers are facing an official investigation for deceptive sales practices after a recent price war spiraled out of control.  

At the Wall Street Journal, Laurie Burkitt reports that one company’s promotion drove a race to the bottom. From the piece:     

Beijing Jingdong sparked the latest price war last month after Chief Executive Liu Qiangdong said on his microblogging site that he would dispatch 5,000 agents to check prices at rival outlets and would undercut their prices at least 10%. Suning and Gome responded by agreeing to offer consumers lower prices on the companies’ e-commerce sites.

It worked at first; Beijing Jingdong’s 360buy.com sold upwards of 250 million yuan worth of goods in three hours.

But then the competing offers spread to Chinese social media and snowballed to the point where companies were apparently unable to offer stated discounts and ran out of items, sparking widespread anger. 

China has many consumers, but not much in the way of consumer protection. Pressure on these retailers from slumping demand and rising inflation mean they occasionally resort to dubious pricing practices.

It’s a sign what’s at times still an awkward hybrid economy, even as China moves towards surpassing the United States as the world’s largest economy. 

Rapidly changing prices are becoming an inevitable part of online retail. Combining that with brick and mortar outlets and the sheer size of China’s burgeoning consumer class created a complete disaster.

See also: Here’s What Led To Explosive Growth For Chinese And Indian Entrepreneurs

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Thursday, September 6th, 2012 news No Comments

Chinese Smartphone Shipments Skyrocket

Source: http://www.businessinsider.com/chinese-smartphone-shipments-skyrocket-2012-8

Business Insider Intelligence a new research and analysis service focused on mobile computing and the Internet. The product is currently in beta. For more information, and to sign up for a free 30-day trial, click here.

Chinese smartphone shipments were 27 percent of global shipments in the second quarter, according to Canalys. That’s up from 16 percent of shipments during the first quarter of 2011. China surpassed the U.S. as largest smartphone market in the world last year, according to Strategy Analytics

Android is the dominant platform in the country, accounting for 81 percent of shipments last quarter. That’s up from 68 percent at the end of last year. In addition to! cheaper price points, Android’s rise has been aided by Apple’s botched entry into the market—it initially decided to carry with only one of the country’s three major carriers.    

Chinese Smartphone Shipments
 

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Monday, August 6th, 2012 news No Comments

11 Facts About The World’s Changing Appetite For Luxury Watches

Source: http://www.businessinsider.com/luxury-watches-global-market-2012-1


iwc watch

Luxury watches are not just functional wristwear–they’re works of art with hundreds of years of technology packed inside.

Consumers’ tastes and shopping preferences for watches are evolving around the globe.

Market research company Digital Luxury Group has just released its annual report on the worldwide market for high-end watches, looking at 15 of the world’s biggest haute timepiece brands ahead of Baselworld, the upcoming international watch and jewelry show in Switzerland.

The report is based on more than a billion consumer searches for luxury watches on search engines including Google, Bing and Baidu.

For the first time in 2011, demand for luxury watches was higher in the US than in China, based on internet search market share.

Within China, more than half of demand for luxury timepieces comes from first- and second-tier coastal cities with high-end shopping streets, like Beijing and Shanghai.

Heritage brands like Patek Philippe and Vacheron Constantin are more popular with traditional clients from Beijing, while IWC attracts a younger, trendier, urban audience.

Source: Digital Luxury Group

See the rest of the story at Business Insider

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Friday, January 20th, 2012 news No Comments

The NFL Is Still King Among American Sports Fans

Source: http://www.businessinsider.com/chart-nfl-is-still-king-among-american-sports-fans-2011-10

In a recent survey by Scarborough Sports Marketing, 62 percent of American Adults listed the NFL as a sport in which they have at least a little interest. That was tops among all sports, easily out-pacing Major League Baseball with 49 percent.

It also might be time to reconsider what we call a “major sport” in the United States. The NBA came in fifth, behind college football. And the NHL was 12th, behind NASCAR, high school sports, and figure skating.

Interestingly, MLB is not even the second most popular “sport.” They fall behind the Olympics, which is more of an event than a sport, but I say tomato, and you say tomato (wait, that doesn’t work as well when not spoken out loud).

Here are the 20 most popular sports among American adults…

Most popular sports

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Sunday, October 23rd, 2011 news No Comments

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