LeTV acquires 18% stake in Coolpad for $350M

Chinese streaming firm Leshi Internet Information and Technology (LeTV) will acquire an 18 per cent stake in the country’s largest 4G smartphone vendor Coolpad, making it the second-largest shareholder after Data Dreamland. LeTV will buy over 780 million shares for around …

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Coolpad joins list with Indian ambitions – report

Chinese device maker Coolpad is planning an entry into the competitive Indian smartphone market, according to The Economic Times. The company will offer devices using its Dazen brand online. It is also planning to set up a research and development …

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Asia Briefs: Airtel, BSNL to sign roaming deal, Coolpad aims to quadruple online sales & more

In a regular series, Mobile World Live‘s Asia Editor Joseph Waring provides a regional roundup of news snippets: Airtel, BSNL to sign roaming deal India’s number one mobile operator Airtel and state-owned BSNL are expected to soon sign a country-wide …

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China’s smartphone market rebounds 19% in Q4

China’s smartphone market picked up steam in Q4, expanding 19 per cent from a year ago, according to IDC. In Q3 growth slowed to 11 per cent. Smartphone shipments hit 107.5 million units last quarter and 420.7 million for the …

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Qihoo 360 invests $409M in Coolpad venture

Qihoo 360, a leading internet company in China, is investing $409 million to take a 45 per cent stake in a joint venture with smartphone maker Coolpad. The venture will design, manufacture and market mobile devices that are distributed via …

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China’s 4G smartphone market to expand 4-fold in 2015 — Coolpad

The market for 4G smartphones in China will almost quadruple from 90 million units this year to 350 million next year, Coolpad Taiwan has forecast. To put that demand in perspective, IDC expects global smartphone shipments to hit 1.3 billion …

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China Watch: Possible patent trouble for smartphone makers, MVNOs start to take off & more

Mobile World Live’s Asia editor Joseph Waring provides a weekly update on developments in the world’s largest mobile market: China’s MVNOs start to take off The head of China Virtual Operators’ Industry Alliance said that the country’s MVNOs will sign …

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