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Amazon becomes number 1 brand in European smart home space - study

2020-01-20 12:40:00| Telecompaper Headlines

(Telecompaper) The smart home market in Europe continued to grow in the third quarter of 2019, reaching almost 23.8 million units, an increase of 18.1 percent compared to the same quarter in the previous year, according to data from IDC. In terms ofsmart home vendor shipments, Europe's top 5 vendors are Amazon with a market share of 16.4 percent, Google with 15.9 percent, Samsung with 12.4 percent, LG Electronics with 10.3 percent, and Sony with 5.5 percent. Other vendors had a combined market share of 39.5 percent.

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Xiaomi spins off Poco brand, to launch more premium phones in India

2020-01-17 11:39:00| Telecompaper Headlines

(Telecompaper) Xiaomi said that Poco, the sub-brand it unveiled in the summer of 2018, is now an independent company, TechCrunch reported. Xiaomi VP Manu Kumar made the announcement, saying Poco had grown into its own identity and that it was right to let the secondary brand operate on its own. Xiaomi did not specifiy now Poco was spun off or how it would be structured.

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