A Chinese development company has just taken a leap ahead of Apple, Samsung and the other present leaders in the smartphone market place.
Holographic smartphone created in China wins 2015 CES Innovations Award
Created in China, the takee1 holographic smartphone, the brainchild of Estar Technology Group Co., Ltd., has won the 2015 CES Innovations Award. The honor reflects the international recognition of the world's first "holographic smartphone" and is a testament to Chinese innovation capabilities in the smartphone market.
Here is a
link to a Youtube video of the phone. It does not have an embed code.
This is just a particularly dramatic event in an ongoing process of China producing developers and innovators of new technology and not just mass producers of technology developed elsewhere.
The Rise of a New Smartphone Giant: China’s Xiaomi
Founded in 2010 as a lean start-up to sell smartly designed phones at cheap prices over the Internet, Xiaomi was decidedly late to the game. Its first handset came out around the time of the iPhone 4S.
But a clever social media strategy and a business plan that emphasized selling services that work on the phone helped Xiaomi build frenzied support from young and trendy Chinese
With people in China expected to buy 500 million smartphones in 2015 — more than three times as many as will be sold in the United States, according to the research firm IDC — Xiaomi is poised to cement its place as one of the most powerful phone makers in the world’s most important market.
Now the company’s founders, who include the Chinese entrepreneur Lei Jun and the former Google executive Lin Bin, hope that status will help them take their brand globally.
This is a different company than the one that developed the 3D phone.
It is a process that is not just happening with smartphones. They are developing major internet technology companies in all segments of the market.
Chinese entrepreneurs aim to become technology power players
The stunning success of Chinese e-commerce behemoth Alibaba, which went public on Wall Street in September, has been instrumental in paving the way: Founder Jack Ma, a former schoolteacher, is now China's richest man, and Alibaba has become a $263-billion juggernaut with far-flung interests in areas such as entertainment, mapping and banking.
Amazon in comparison has a market capitalization of $150B.
Europe has passively allowed its markets to be almost totally dominated by US tech giants. The EU periodically makes noises about anti-trust actions but they have little in the way of home grown competition. China has taken a heavy handed approach in controlling access to its markets. Some of it is aimed and censoring internet communication but it has also had the effect of providing an incubator for domestic tech industries.
Baidu and 360 Search dominate the search engine market. Google which has periodically been blocked and now operates out of Hong Kong isn't even in the running. They have developed several domestic social media networks and Facebook has had considerable difficulty in penetrating. While China's communication control doesn't comport with western standards and practices, they have been very supportive of domestic companies. Access to a huge and growing domestic market and an aggressive push to advance the technological sophistication of domestic industry are clearly paying off in the arena of international competition.