China smartphone News
China is expected to maintain its leadership, with nearly half of all smartphone shipments worldwide (although no figures were given by Statista).
The call of the world`s biggest smartphone market is proving irresistible for entrepreneurs in China, where even purveyors of concrete mixers, refrigerators and rock music are mimicking local trailblazer Xiaomi Inc with their own handsets.
Xiaomi has enjoyed a rapid rise with handsets it touts as cheaper but well-designed alternatives to Apple Inc`s iPhones. That led private investors last year to value the firm at $45 billion, making it China`s most valuable startup.
Last year, Meizu used an operating system developed by Alibaba`s cloud computing unit YunOS on its flagship smartphone.
LG Electronics Inc will on Monday begin selling its latest flagship smartphone in China.
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