Smartphones have their own mobile operating system. The first smartphone to find a widespread market was the Blackberry, but that quickly lost ground after Apple introduced the iPhone in 2007. That wa

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How the smartphone completely transformed China in a decade
When finance industry employee Ringo Li relocated back to Beijing from Tokyo in 2010, he brought along his first smartphone – an iPhone 3G. Although one of the most advanced handsets available at the time, it was mainly used for text messages and phone calls, and occasional internet-surfing where Wi-fi was available. Life was mostly offline back then. Li would go to restaurants to order food, pay bills with cash and hail a taxi with an outstretched arm standing on the roadside. Fast forward 10 years and Li’s life has completely changed. No longer in finance, he communicates via WeChat and uses apps on his iPhone XS to order food, hail taxis, pay bills and shop. Most of the apps that permeate
Signing a mobile contract in China? Get ready for a facial scan
China has introduced a new rule that requires people to have their faces scanned when signing up for mobile phone services, as experts and even state media raised concerns that there were insufficient measures in place to safeguard privacy rights. Before the introduction of the new requirement on Sunday, which had been announced in September by the Ministry of Industry and Information Technology, people registering for mobile phone services had to provide only a copy of their identity cards. The ministry said the new measure would help to stem the resale of sim cards and protect people from unknowingly signing up for phone services if their identities were stolen. Many online services and so
A Chinese tech IPO will set a four-year global record
Chinese smartphone maker Xiaomi is set to make a splash in the Hong Kong stock market with an IPO worth up to $10 billion. That will make it the world’s biggest IPO since 2014. The Beijing-based tech firm is the fourth largest smartphone manufacturer globally, after Samsung, Apple and Huawei. It specializes in highly-specced, well-designed technology sold at minimal markups. Xiaomi handsets are the best-selling brand in India, and the company plans to launch in the US by next year. The company is seeking a total valuation of $100 billion following its application to sell shares on the Hong Kong Stock Exchange, bankers familiar with the plans told the South China Morning Post. That would mak