Xiaomi RedMi 2 sold 35 million units in first half of 2015

Xiaomi, China based smartphone manufacturer is increasing their share in the smartphone market as they sold over 35 million smartphones in the first half of 2015. In the first half of 2014 they sold 26 million units, they have increased their sale by 9 million or 30%.

The company also expects to sell between 80-100 million units this year compared to 61 million units in 2014.

Key Features Specifications:

OS: Android 4.4 Kitkat
Processor: 64-bit 1.2 Ghz Quad core
RAM: 1GB
Storage: 8GB Flash up to 32GB expandable MicroSD
Screen: 4.7 inches
Camera: 8 megapixel rear camera with flash and 2 megapixel front camera
Dual-SIM capability
WiFi, tethering and hotspot, Bluetooth 4.0, FM Radio, and GPS capabilities
Battery capacity: 2200mAh

Redmi 2 don't have buttons on the front side of the phone. The front facing camera is located at the upper left corner of the smartphone. The buttons (power and volume) can be found a the right side of the unit. The back cover is matte-finish.

At the back side of the phone you can find the 8.0 megapixel camera with LED flash, and speakers are placed at the top.

Redmi 2 weights only 133 grams, with 4.7” display. It is thinner than its predecessor with 9.4 millimeters width.

Its screen is made of DragonTrail Glass that is scratch-resistant. A USB cord is included in its retail box.

AT&T Hit with a $100 million fined for internet speed cap on 'unlimited' data plans

WASHINGTON — AT&T Mobility LLC has been fined with a record $100 million fine Wednesday for offering consumers "unlimited" data then improperly slowing their Internet speeds after they reached a certain bandwidth level. The company says it will fight the charges.

The Federal Communications Commission (FCC) said Wednesday that the country's second-largest cellular carrier misled consumers into buying plans they believed would give them unlimited ability to send and receive data, including Web browsing, GPS navigation and streaming videos. But once the consumer hit a certain level, the data on unlimited plans would be slowed down significantly, at speeds lower than advertised, the FCC said.

It's not unusual for phone companies to slow, or "throttle," speeds on a network as a way to manage congestion.

But consumers are unlikely to receive any money from the fine, which will go instead to the U.S. Treasury, said the agency official.

HTC Revenue Forecast Cut as Smartphone Demand Weakens

HTC, a Taiwanese multinational manufacturer of smartphones and tablets slashes their revenue forecast pointing to weak demand in their high-end device and slow sales performance in China.

HTC has been praised by critics and tech gurus for their smartphones, but consumers still go for flashy brands like Apple and Samsung. Last Friday they slash their 2nd Quarter revenue forecast and warned that they may post a loss. They have posted gains in the last four quarters due to their strategy of selling more affordable mass-market devices, but due to other new players in that market they may have ran into huge problem. While the premium smartphones market is very difficult to break into due to the big players like Apple and Samsung that have huge marketing budgets.

HTC said that they expects revenue of US$1.06 billion to US$1.16 billion. They were expecting to earn US$1.06 billion to US$1.16 billion, now the company said that they would post a loss of 31 cents to 32 cents a share in the period. HTC said that this is due to slower demand turn-over for their high-end Android devices, as well as weaker sales in China.