2018 has been a turbulent year for tech companies across China. The trade war tension between the US and China has been unsettling for their businesses and long time American trade partners.
On the afternoon of May 24, Chinese AI company Mobvoi held a 2018 strategic new product launch, releasing four new wearable and smart home products.
Mobvoi released its portable smart speaker box, TicHome Mini, for Chinese users. The TicHome Mini will be priced 499 yuan, and the Taobao crowdfunding price will be 399 yuan.
2017 was supposed to be the year China’s domestic smart speaker market broke out. Alibaba, Xiaomi, JD.com, Rokid, Mobvoi and Himalayas all launched intelligent speakers. But with Xiaomi flooding the market with its 299 yuan AI speakers and Alibaba and JD.com competing on price, the domestic smart speaker market does not look optimistic.
Tichome, Mobvoi’s new smart speaker is going to get crowdfunded and be released soon. Mobvoi held a press conference on August 24th, announcing the official release of its brand new smart speakers Tichome at a price of 999 yuan. Members who were in on the crowdfund can purchase the speaker at a price of just…