Xiaomi hit by slowdown in smartphone market, revenues down 10 percent

Chinese smartphone company Xiaomi’s quarterly revenue fell by around 10 percent. The slowdown in the global smartphone market and declining demand in China have affected the company’s sales. Sales of its mobile devices fell by around 11 percent. The company’s sales during July-September were 70.5 billion yuan (about Rs. 80,900 crore). Xiaomi’s sales are slightly … Read more

Due to the strictness of the government in China, young people have given up their addiction to gaming

Online gaming has become very popular among the youth over the years. However, many youngsters are also addicted to gaming. China claims to have solved the problem of gaming addiction among its young population. Last year, regulators in China introduced new rules to address the issue. Association of Gaming Industry in China Report I claim … Read more