Chinese smartphone maker Xiaomi announced that the company plans to invest USD10 million to purchase shares of Youku-Tudou from the secondary market, which will enable the playing of Youku-Tudou contents on Xiaomi devices. Xiaomi will also buy Youku-Tudou shares from the open market. The two parties will make a joint investment of an unknown sum […]
Yang Yongqiang, chief technology officer of the Chinese Internet video website Letv.com, announced the launch of a new project to support the development of TV applications.
Aiming at more operating revenue from smartphone users, Chinese telecom operator China Mobile announced the launch of its mobile TV service named UTV in Hong Kong.
