Fitbit was the market leader in the nascent wearables market in Q1 2015 but it its reign at the top may be short-lived. Shipments last quarter hit 3.9 million units but China’s Xiaomi looks to be catching up very quickly. Xiaomi, which did not even offer any wearables in Q1 2014, this year grabbed second place with 2.8 million units […]
Xiaomi Mi Band
Xiaomi planning smartwatch to take on Apple
Xiaomi jumped into the wearables space last year with the Mi Band. The company, often described as “China’s Apple,” is now said to be planning to release not only a second generation Mi Band but also a smartwatch. It has partnered with a company called Huami to help in the development of both. In an interview with China’s 36 Krypton, […]
Xiaomi expected to jump into wearables with Mi Band
As the smartphone and tablets market reach saturation in many markets, manufacturers are increasingly turning to wearables as the next market to drive revenues and profits. A large number of companies, both large and small, have already launched or about to launch products. You can now add China’s Xiaomi to that list. GizChina reports that the company will soon introduce […]