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Business / Technology

Alibaba places China smartphone business bet with $590m Meizu deal

(Agencies) Updated: 2015-02-09 14:11

Frank Gillett, an analyst with Forrester Research, said success for a Chinese company would not be instantaneous.

"It's very difficult for a new handset player to break into the US market," Gillett said Monday in an e-mail to China Daily. "They'll have to build good relationships with the carriers to provide an alternative to Samsung, Google or Apple. Success may be possible in the long-term, but it will be very challenging for Meizu."

Top 10 Chinese smartphone makers by chinadaily.com.cn

Popularity ratings for local companies such as ZTE, OPPO, Xiaomi Corp, Huawei Technologies Co Ltd and Lenovo Group Ltd surged in 2013 compared with the previous year.

Let's have a look at the most famous Chinese smartphone brands.

Alibaba places China smartphone business bet with $590m Meizu deal

Models pose with K-TOUCH smartphones during the 2013 Tianyi (E-surfing) Handset Fair and Mobile Internet Forum in Guangzhou, South China's Guangdong province, June 21, 2013. [Photo/IC]

No 10 K-Touch

K-Touch was registered in 2006. During the past few years, Beijing Tianyu Communication Equipment Co Ltd have successfully built the recognized brand K-Touch as one of the well-known consumer brands in domestic market.

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