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☆ The virtual reality space is 'massively growing' for both consumers and businesses, HTC says
▼ + stars: | 2024-02-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe virtual reality space is 'massively growing' for both consumers and businesses, HTC saysShen Ye, global head of product at HTC, discusses the outlook for virtual reality at the Mobile World Congress.

Persons: Shen Ye Organizations: HTC, Mobile

☆ Ye is accusing Adidas of selling 'fake' Yeezys that he didn't approve of and using contract clauses to 'rape' him as an artist
▼ + stars: | 2024-02-27 | by ( Matthew Loh | ) www.businessinsider.com time to read: +2 min

Rapper Ye tore into Adidas in several Instagram posts on Monday evening, accusing his old sponsor-partner of selling "fake" Yeezys when the sportswear brand released a new version of the sneakers. This story is available exclusively to Business Insider subscribers. In a separate video post, Ye claimed that Adidas is suing him for $250 million and of "using contract clauses and 50 years of business experience to rape an artist." "I AM ADIDAS ADIDAS RAPED AND STOLE MY DESIGNS," Ye's Instagram caption partially said. AdvertisementThe press office for Adidas did not immediately respond to a request for comment sent outside regular business hours by Business Insider.

Persons: Ye, yall Organizations: Adidas, Business, The New York Times, ADIDAS ADIDAS, Defamation League, Keeta Floyd Institute for Social

☆ Ye Spends a Second Week at No. 1 With ‘Vultures 1’
▼ + stars: | 2024-02-26 | by ( Ben Sisario | More About Ben Sisario | ) www.nytimes.com time to read: +1 min

Ye, the rapper and provocateur formerly known as Kanye West, has the No. 1 album for a second week with “Vultures 1,” narrowly beating out a new release from the Oregon rapper Yeat. He released “Vultures 1” independently and promoted the album with a pair of well-attended listening events at arenas in Chicago and Long Island. It is Ye’s first album to spend more than a single week at No. According to an estimate computed by Billboard, “Vultures 1” earned about $1 million in its first week from sales and streams in the United States alone.

Persons: Ye, provocateur, ”, Yeat, Ty Dolla, Jay Organizations: “, Billboard Locations: Oregon, United States, Chicago, Long

☆ Walmart and Amazon face legal trouble for using a points system to track and fire employees over absences: lawyers
▼ + stars: | 2024-02-21 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +18 min

AdvertisementWalmart would not provide details on its points-based attendance system to Business Insider. AdvertisementSimilar to Walmart's policy, Amazon uses a points-based attendance system that could land employees in hot water if they hit eight points in a rolling 60-day period, according to the company. Many companies, including mid-size ones, have started to implement a points-based system to track lateness and absences, Zambrano noted. Amazon disputed the description of its points-based attendance system as totally "automated." "The attendance system works very similar to a standard time clock system," Stephenson, Amazon's spokesperson, told Business Insider.

Persons: Ron Zambrano, Zambrano, Lizzo, Nick Yasman, Yasman, Kelly Hellbusch, Hellbusch, Julio Cortez, Sam Stephenson, Stephenson, There's, Patricia Caputo, " Caputo, Caputo, Artur Widak, Amazon, Caputo wasn't, Mekaliah Torres, Torres, David Wagner, Wagner, Larreon Murphy, Murphy, they're, Elizabeth Gedmark, Gedmark Organizations: Walmart, Trial, Amazon, Business, West Coast, Lawyers, Employees, West Coast Trial, AP, United, Zambrano , West, California's Kern County Superior Court, Superior Court, California's Riverside County Superior Court, California's Sacramento County Superior Court Locations: California, Amazon, New York, Zambrano ,, California's Kern County, California's Fresno, California's Riverside County, California's Sacramento County

☆ Kayne West's sampling of icons like Donna Summer and Ozzy Osbourne is a 'clear-cut' case of copyright infringement, legal experts say
▼ + stars: | 2024-02-18 | by ( Hannah Getahun | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +8 min

Though Ozzy Osbourne left Black Sabbath in 1979, his wife, Sharon Osbourne, told Billboard any songs the band wrote — Osbourne, Tony Iommi, Geezer Butler, and Bill Ward — require the approval of all four members to license. Regardless of the social media feud, legal experts say if true, the unauthorized use of the samples would be a “clear-cut” case of copyright infringement. He didn't dispute it,” entertainment attorney Donald M. Woodard of Carter and Woodard told Business Insider. AdvertisementOsbourne's recent objection to West's sample would be considered a new copyright claim, as the license for use does not permit West to sample the song in perpetuity. In 2022, Chicago artist Marshall Jefferson accused the rapper of using his song “Move Your Body” in the West song “Flowers” without permission.

Persons: —, Ty Dolla, West —, Ye —, Ozzy Osbourne, Donna Summer, West …, Donna Summer's, …, Osbourne, West swiped, Ye, Kanye, Hitler West, he'd, Instagram, Alex Jones, Hitler, Sharon Osbourne, — Osbourne, Tony Iommi, Geezer Butler, Bill Ward —, Rolling Stone, FUGA, Tyrone William Griffin Jr, — hasn't, Sharon, Bianca Censori —, Ozzy, who's, I've, Donald M, Woodard of Carter, Woodard, West, ” Woodard, “, Robert Freund, Freund, Marshall Jefferson, Griffin Organizations: Service, ign, Business, Billboard, West, iTunes, Apple Music, FUGA, Spotify, Amazon Music, Daily Mail, Kanye Locations: Chicago

☆ Analysis-Myanmar Junta's Conscription Plan Lays Bare Toll of Fighting Rebels
▼ + stars: | 2024-02-16 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +5 min

A junta spokesman did not respond to calls from Reuters seeking comment. The current size of the anti-junta resistance is now likely higher with the emergence of more resistance groups as the conflict drags on, analysts said. The Tatmadaw, as the military is known, has not publicly declared the size of its fighting force in recent years. A dozen people eligible to serve also told Reuters that they would rather leave the country than join the military. "They couldn't send backup troops in Rakhine battles," AA spokesman Khine Thu Kha told Reuters via phone.

Persons: Richard Horsey, Nobel, Aung, Suu Kyi, Ye Myo Hein, Generals, Anthony Davis, Miemie Winn Byrd, Htet Myat, Min Aung Hlaing, Andrew Selth, Selth, Khine Thu Kha, Devjyot, Miral Fahmy Organizations: Reuters, United States Institute of Peace, British, U.S ., Griffith Asia Institute, Arakan Army, Reuters Staff Locations: China, Bangladesh, Myanmar, Suu, U.S, Rakhine

☆ Apple Music Removes New Ye Album Amid Distributor Dispute
▼ + stars: | 2024-02-15 | by ( Ben Sisario | ) www.nytimes.com time to read: +1 min

Ye, the rapper, producer and provocateur formerly known as Kanye West, has what will likely be the No. 1 album on next week’s Billboard chart, with “Vultures 1.” But on Thursday, the LP disappeared from Apple Music, one of the world’s top streaming platforms. The reason was unclear, and Apple gave no explanation. But the removal came a few hours after an independent distribution outlet complained that its system had been used to release the music in violation of its service terms. It also remained unclear whether — and how soon — Ye’s album might return to Apple, perhaps through another distributor.

Persons: Ye, provocateur, —, Ty Dolla Organizations: “, Apple Music, Apple, Adidas

☆ Ye called out Taylor Swift's fans after they bought Beyonce's new single to keep him from the Billboard Hot 100 top spot
▼ + stars: | 2024-02-15 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +4 min

Swift's fans reacted by buying Beyoncé's new single, "TEXAS HOLD 'EM." AdvertisementYe, formally known as Kanye West, is feuding with Taylor Swift's fans after he shared a post claiming he was Spotify's global top artist. "WHEN I SAID THAT I'M THE NEW JESUS BITCH I WASN'T EVEN THINKING ABOUT TAYLOR SWIFT. "ALSO, I'M SURE I'VE BEEN FAR MORE HELPFUL TO TAYLOR SWIFT'S CAREER THAN HARMFUL. TO ALL TAYLOR SWIFT FANS I AM NOT YOUR ENEMY UUUM IM NOT YOUR FRIEND EITHER THOUGH LOL," Ye added.

Persons: Ye, Taylor Swift, —, Taylor Swift's, Swift, Taylor, Swifties, TAYLOR SWIFT, Kim Kardashian, Scooter Braun, WE, TAYLOR, SWIFT, Tree Paine, Kardashian, Brandon Marshall's, Bianca Censori, Marshall, Brandon Marshall, Kanye Organizations: Service, Spotify, NFL, Kanye West Locations: TEXAS, Ye's, ife, IFE

☆ Ozzy Osbourne calls out 'antisemite' Kanye West for sampling Black Sabbath song without permission: 'I want no association with this man'
▼ + stars: | 2024-02-10 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +1 min

Ozzy Osbourne has called out Ye for using an unauthorized Black Sabbath sample on a new song. On X, he wrote that he refused the rapper's sample request because he's an "ANTISEMITE." Ye, formerly known as Kanye West, debuted his new album with Ty Dolla $ign on Thursday. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOzzy Osbourne has called out Ye, formerly known as Kanye West, for using a sample of his music without permission.

Persons: Ozzy Osbourne, Ye, West, Ty Dolla, — Organizations: Service, ign, Billboard, Business

☆ Old Hollywood Glamour at the Gap?
▼ + stars: | 2024-02-09 | by ( Ruth La Ferla | ) www.nytimes.com time to read: +1 min

On Monday Mr. Posen, 43, whose namesake brand ceased operations in 2019, was announced as the new creative director of Gap Inc. and the new chief creative officer of Old Navy. The designer known for pieces that evoke Golden Age Hollywood will “serve as cultural curator and creative partner,” Richard Dickson, the president and chief executive of Gap Inc., said in a news release. Nor is he the first star talent to be awarded a fancy title at Gap. Predecessors have included Patrick Robinson, who after a four-year stint was dismissed in 2011 and, more controversially, Ye, the rapper formerly known as Kanye West, whose Yeezy Gap partnership ended amid a scandal in 2022. And yet, the company still seems willing to bank on a “name” to help burnish its image.

Persons: Zac Posen, ” Richard Dickson, Posen’s, Patrick Robinson, Ye, West Organizations: Mr, Gap Inc, Old Navy, Target Locations: Posen

☆ While Chinese stocks search for a bottom, analysts say these shares are poised to bounce
▼ + stars: | 2024-02-04 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Chinese stocks have given up much of their recent gains as investors debate whether the bottom is really in. They screened for names with more than $1 billion in capitalization and expectations for earnings growth in the next two years. Such signals come at a time when Chinese stocks have sold off sharply. Chinese stocks – whether measured by those that trade in the mainland, Hong Kong or U.S. – have fallen for more than two years. "In the past Chinese companies grew rapidly, many companies' results grew exponentially," he said in Mandarin, translated by CNBC.

Persons: Evercore, Rachel Wang, Clocktower, Ye Yuhua, — CNBC's Michael Bloom Organizations: People's Bank of China, Seng Index, Shanghai, Morningstar, CNBC, Baidu, Li Auto Locations: U.S, Beijing, Hong Kong, China, Shanghai, Guangzhou

☆ I am very sad for the NYPD's useless and purgatory-bound subway robot
▼ + stars: | 2024-02-02 | by ( Sophie Kleeman | ) www.businessinsider.com time to read: +3 min

But now the NYPD robot has been placed in purgatory — a barren shopfront — and I am no longer laughing. According to The New York Times, K5 has been removed from its post in the Times Square subway station, where it required constant guardianship from human police officers. "The robot for the police, or the police for the robot?" ⁦@danarubinstein⁩ and ⁦@HurubieMeko⁩ on the sad fate of the NYPD robot. Similarly, the NYPD told me that K5 "has completed its pilot deployment in the NYC subway system."

Persons: Eric Adams, @HurubieMeko⁩, ezsZJ3mgWc — Maria Cramer, @NYTimesCramer, I, it's Organizations: New York City, NYPD, The New York Times, Times, City Hall, Yankees Locations: NYC

☆ Adidas says it plans to sell its remaining Yeezy sneakers – and it doesn't want to make a loss
▼ + stars: | 2024-02-01 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Adidas says it plans to sell its remaining stocks of Yeezy sneakers worth nearly $300 million. "The company plans to sell the remaining Yeezy product at least at cost in 2024," Adidas said in a press release Wednesday. The German sportswear retailer had previously planned to write off roughly 300 million euros ($324 million) of Yeezy inventory. It now plans to sell around 268 million euros ($289 million) of its remaining stock. AdvertisementAdidas said that it had sold Yeezy stock worth 1.2 billion euros in 2022 and 750 million euros in 2023, the latter of which generated a preliminary operating profit of around 300 million euros.

Persons: Ye, —, Bjørn, George Floyd, Gulden Organizations: Adidas, Service, Kanye, Twitter, Defamation League, Keeta Floyd Institute for Social, Business, Argentine

☆ China executes couple for murder of toddlers that shocked the nation
▼ + stars: | 2024-02-01 | by ( Nectar Gan | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —China has executed a couple for throwing two toddlers out of a high-rise apartment window, in a case that provoked nationwide outrage. Ye saw Zhang’s two children as an “obstacle” to them getting married and a “burden on their future life together,” the court heard. She repeatedly urged Zhang to kill the toddlers and threatened to break up with him if he didn’t. His study shows that Chinese people who express political views online tend to show greater support for the death penalty. Wednesday’s execution also brought into focus the main method used in China to carry out the death penalty: lethal injection.

Persons: Zhang Bo, Ye Chengchen, Ye, Zhang, “, ”, John Zhuang Liu, It’s, Kenneth Smith Organizations: Hong Kong CNN, Xinhua, Weibo, University of Hong Kong, CNN, Amnesty Locations: Hong Kong, China, Chongqing, Weibo, Alabama

☆ Adidas won't write off remaining Yeezy inventory, plans to sell ‘at least’ at cost
▼ + stars: | 2024-01-31 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +2 min

Adidas announced on Wednesday that it won't write off the majority of its unsold Yeezy inventory and instead plans to sell the remaining shoes "at least" at the cost it paid for them, as the apparel retailer looks to recoup its losses. The company attributed the profit to its "better-than-expected operational business" during its fourth quarter and the decision to sell the majority of the remaining Yeezy inventory. Instead, the company plans to sell the remaining Yeezy product at least at cost in 2024," Adidas said in a news release. CEO Bjørn Gulden added: "Our consumer, retail and trade research has shown that we can sell this remaining inventory in 2024 for at least the cost price. It's not clear if Adidas will donate any portion of the remaining Yeezy sales.

Persons: Ye, Bjørn Gulden, George Floyd, It's Organizations: Adidas, Defamation League, Keeta Floyd Institute for Social, CNBC PRO Locations: Chicago

☆ I'm a food reporter who's never been to Golden Corral. I visited the only location in NYC since it went viral, and my $25 meal completely surpassed my expectations.
▼ + stars: | 2024-01-27 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: 1 min

I visited Golden Corral for the first time this week. New York City only has one location in the Bronx, where staffers went viral on social media. Golden Corral greatly exceeded my expectations, even if they were initially low. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNew York City's first and only Golden Corral is getting a lot of attention thanks to its viral social media campaign.

Persons: Golden, —, City's Organizations: Golden Corral, New, Service Locations: New York City, Bronx, Instagram

☆ Robert Kraft is buying a Super Bowl ad to highlight the rise of antisemitism
▼ + stars: | 2024-01-25 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —A Super Bowl ad set to be shown during next month’s game will highlight the rise of antisemitism, with a 30-second spot from “Stand Up to Jewish Hate,” a campaign from the nonprofit organization founded by Robert Kraft, the billionaire businessman and owner of the New England Patriots. It’s the first time his Foundation to Combat Antisemitism (FCAS) is buying an ad during the “most visible platform,” which last year was watched by 113 million viewers and was the third most-watched television program of all time. According to FCAS research, 183 million posts on social media were related to antisemitism and Jewish culture in 2023 — a 330% increase from the prior year. The organization said Google searches for “Kill Jews” increased by 1,800% in the past three months. The Super Bowl airs on CBS on February 11, with ads costing a reported $7 million each.

Persons: ”, Robert Kraft, Kanye, FCAS, ” FCAS, Kraft Organizations: New, New York CNN, New England Patriots, Combat, “, CBS Locations: New York, Israel

☆ Black and Jewish Activists Have Allied for Decades. What Now?
▼ + stars: | 2024-01-18 | by ( Daniel Bergner | ) www.nytimes.com time to read: +5 min

The cover of that edition of S.N.C.C.’s newsletter called attention to police killings of Black men, with the headline: “Cops Run Wild. Where Will They Strike Next?” Black and Palestinian resistance to repression were bound together. The theology claims that an immense fraud has been perpetrated by Jews upon Black people. Yet in recent years, a new bond between Black and Jewish activists has emerged, catalyzed, in part, by the confluence of civil rights protests and attention to the Palestinian plight. The alliance is “growing and exciting,” Nyle Fort, a Black activist and assistant professor of African American and African diaspora studies at Columbia, told me.

Persons: Huey P, Newton, Louis Farrakhan, Satan ”, ”, Ye, “ I’m, Kyrie Irving, Jacob, Henry Ford, Mumia Abu, Jamal, Rather, Fort, Fort’s, “, ” Fort, Nehisi Coates, Coates, Abraham, zealots, Jim Crow, Morgan Bassichis Organizations: Black Panther Party, Black Power, Washington, ”, America, Columbia, West Bank, Dream, Israel, Fort, Jewish, Peace, Union Theological Seminary, Jewish Voice Locations: Black, Jersey City, Ferguson, United States, Palestinian, Israel, Washington, Manhattan, Aqsa, Jerusalem, Hebron

☆ The CEO Who Gave 60,000 Employees His Cellphone Number
▼ + stars: | 2024-01-13 | by ( Trefor Moss | ) www.wsj.com time to read: 1 min

HERZOGENAURACH, Germany—A former professional soccer player, Bjørn Gulden says that when he took over Adidas just over a year ago, it felt as if the German sports giant was losing by four goals at halftime. Morale was down after the collapse of its Yeezy collaboration with rapper Kanye West, who now goes by Ye, and employees complained about a lack of transparency.

Persons: Germany —, Bjørn Gulden, Kanye West, Ye Organizations: Adidas Locations: HERZOGENAURACH, Germany

☆ 25 of Julia Fox's most daring looks, from barely there gowns to an outfit made from condoms
▼ + stars: | 2024-01-13 | by ( Erin Mcdowell | Lauren Edmonds | ) www.businessinsider.com time to read: +1 min

Julia Fox is known for her edgy fashion choices, from leather pants to barely there dresses. The "Uncut Gems" star underwent a major style transformation after she began dating Kanye "Ye" West. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Here are Julia Fox's most daring looks to date.

Persons: Julia Fox, Kanye, Fox, —, Julia Fox's Organizations: Service

☆ Adidas' CEO says he gave his cell number to 60,000 employees and was slammed with 200 messages a week, report says
▼ + stars: | 2024-01-13 | by ( Polly Thompson | ) www.businessinsider.com time to read: +1 min

The CEO of Adidas, Bjørn Gulden, gave his cell number to 60,000 of his employees. "Some people think I'm crazy," Gulden told The Wall Street Journal. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdidas' CEO Bjørn Gulden shared his cellphone number with 60,000 employees at a town hall meeting in an effort to boost transparency at the firm, The Wall Street Journal reported. This story is available exclusively to Business Insider subscribers.

Persons: Bjørn Gulden, Gulden, —, Kanye West Organizations: Adidas, Wall Street, Service, Street Journal, Business

☆ Lawyers place lien on Ye's Malibu home: 'If someone wants to buy Kanye's Malibu home, they'll have to deal with us first.'
▼ + stars: | 2024-01-10 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The lawsuit also alleged that Ye fired Saxon after raising concerns about some of the artist's demands and still had yet to pay Saxon's wages. In December, The Wall Street Journal reported that Ye was selling the Malibu property for $53 million. "So in this case, if someone wants to buy Kanye's Malibu home, they'll have to deal with us first. Ye's employees slept on the floor of his Malibu beach house, according to a lawsuit.

Persons: —, Tony Saxon, Ye, Ron Zambrano, doesn't, there's, Zambrano, Tony, Saxon, Jason Oppenheim Organizations: Service, Business, Street Journal, BI, Malibu, Oppenheim Group Locations: Malibu , California, Malibu, California

CNN —Almost three years on from its bloody coup, Myanmar’s military junta is facing the biggest threat to its hold on power as it fights wars on multiple fronts across the Southeast Asian nation. Junta airstrikes and ground attacks on what the Myanmar military calls “terrorist” targets have killed thousands of civilians to date, including children, and displaced about 2 million people. Stringer/AFP/Getty ImagesCNN has reached out to Myanmar’s military spokesperson for comment on the recent fighting but has not received a response. Stringer/AFP/Getty ImgesIn the jungles of southeast Kayah state, fighting has raged near the state capital Loikaw. Video filmed and published by the Karenni Nationalities Defense Force appears to show Myanmar army soldiers surrendering to rebels at Loikaw University who are filmed treating their injuries.

Persons: ”, Matthew Arnold, ” Arnold, Min Aung, Aung, Suu Kyi, “, Bo Nagar, Stringer, Myint Swe, Chin Shwe Haw, Nan Diya, Lalmalsawma Hnamte, Lin Lin, Ye Myo Hein, May, – “, Karen, Chin state’s Matupi, Tian Junli, Arnold, Myanmar’s, it’s, Suu Organizations: CNN, United Nations, National Unity Government, Junta, Myanmar, UN, Administration Council, Burma National Revolutionary Army, National Liberation Army, Alliance, Myanmar National Democratic Alliance Army, Arakan Army, ”, Getty, Reuters, Loikaw, Karenni Nationalities Defense Force, Loikaw University, Resistance, Burma People’s Liberation Army, Brotherhood Alliance, United States Institute of Peace, Wilson Center, Border Guard Forces, China, Global Times, PLA Southern Theater Command Locations: Myanmar, Myanmar’s, Suu, Yangon, Mandalay, Burma, Namhsan Township, Shan State, AFP, Arakan, China, ”, Shan, Chin, Muse, Rakhine, Pauktaw, Lashio, Kayah, Mizoram, “, Sagaing region, Asia, Kawkareik, Karenni, Sagaing, India, Thailand, Bangladesh

☆ ByteDance to wind down Nuverse in full retreat from gaming -sources
▼ + stars: | 2023-11-27 | by ( Josh Ye | ) www.reuters.com time to read: +2 min

The ByteDance logo is seen at the company's office building in Shanghai, China, July 4, 2023. The Chinese technology firm has no plan to return to the $185 billion global video games market, said the people, who declined to be identified as the information is not public. Casual gaming brand Ohayoo, whose games feature on Douyin - TikTok's sister app in China - will not be affected, neither will casual games that run on TikTok, one of the people said. ByteDance's 2019 creation of Nuverse was widely seen as a major push into global gaming and a strategic element of its competition with domestic rival Tencent Holdings (0700.HK), the world's biggest gaming company. Nuverse came into focus again in 2021 when ByteDance formalised its status as one of its six business units under a broader structural overhaul.

Persons: Aly, Will, ByteDance, Pico, Nuverse, Josh Ye, Brenda Goh, Christopher Cushing Organizations: REUTERS, Reuters, Moonton Technology, Tencent Holdings, HK, C4games, Thomson Locations: Shanghai, China, HONG KONG

☆ China's Realme hits 200 million shipment milestone, to launch premium phones
▼ + stars: | 2023-11-26 | by ( Josh Ye | ) www.reuters.com time to read: +1 min

A man looks at his mobile phone next to a logo of Realme during its X50 5G product launch event in Beijing, China January 7, 2020. Realme, owned by Chinese consumer hardware giant BBK Electronics which also owns the Oppo and Vivo brands, said it had reached the 200 million mark in the second quarter. In total, just 14 companies globally which have shipped over 200 million phones to date. "We came into existence when there were over 700 smartphone brands in the world," said Xu Qi, Realme's chief marketing officer. Xiaomi (1810.HK) has recently released the Xiaomi 14 Pro which also runs on the new Snapdragon 8 Gen 3.

Persons: Jason Lee, Realme, Xu Qi, Xu, Josh Ye, Miral Organizations: REUTERS, Research, Huawei, Samsung, Apple, Counterpoint Research, HK, Thomson Locations: Beijing, China, HONG KONG

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