How Not To Become A Xiaomi Inc In 2017? It’ll almost feel like the way Apple wants to advertise its upcoming new iPhone 6s, but it’s difficult to say what exactly comes next. And knowing that the stock has outlived its usefulness in China, Xiaomi’s plan to sell its consumer smartphones in one of China’s biggest urban markets may require a different strategy. Update: JiaJia confirms that Xiaomi is still developing Kivo to fulfill their requests, but it is unclear when. Xiaomi has not previously shared current plans for the new phone brand. And we’ve asked Apple CEO Tim Cook about rumors about the company’s ongoing efforts to make Apple’s Kivo-exclusive iPhone 6s more appealing.
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By and large, Apple is playing down any mention of the Kivo-brand on its products, and many Chinese markets have seen here on the black market for decades. But now that Apple has taken a big step toward selling the stock, it seems like they want to avoid any of this uncertainty. Bloomberg has reported that Apple has begun discussions on obtaining a licensing deal with Kivo. This “unmentioned” deal is completely unprecedented for the Chinese company, and Xiaomi is very well positioned to add new market share to the handsets of a very famous brands. The Japanese company, Xiaomi, spent USD 5 billion on the 2016 budget version of the phone brand and is developing the Kivo L1 smartphone.
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In 2017 then it will look toward paying a license fee to build a new operating system and implement Kivo hardware for the new gadget. To avoid legal fees, Xiaomi plans to re-enter the Windows Phone marketplace. Update: CNBC has reported, “Apple plans to enter the smartphone market with more money and use more devices than rivals in China, including Chinese brands like Xiaomi and Lenovo, according to two senior Chinese sources.” The move by Apple is especially notable given the company has made a significant gain on Kivo this summer following its third consecutive quarter earnings that has included profit growth in the past three quarters. Kivo’s fortunes have been propelled by low prices and quality components, but if competition were to mount, Apple’s ongoing handsets might very well threaten competitors like other global brands.
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With this new deal Apple is in the rare position to benefit from one or more of Apple’s innovations in Kivo product. And it’s just the latest example of growing competition that could impact Apple’s long-term business in China. Update 2: JiaJia (China