Comment on Qihoo 360 Forms JV with Chinese Smartphone Maker Coolpad by Qihoo 360: Another Smart Hardware Giant Wannabe After Xiaomi - TechNode

['Tracey Xiang', 'More Tracey Xiang', '.Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow', 'Class', 'Wp-Block-Co-Authors-Plus', 'Display Inline', '.Wp-Block-Co-Authors-Plus-Avatar', 'Where Img', 'Height Auto Max-Width', 'Vertical-Align Bottom .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow .Wp-Block-Co-Authors-Plus-Avatar'] Comments for TechNode 2014-12-16 00:00:00

Qihoo 360 (NYSE:QIHU) today announced a joint venture with Chinese phone maker Coolpad (HK:02369). Smartphones shipped by the JV will be under brand Dazen, a sub-brand of Coolpad. In the first half of this year, one eighth of Coolpad phones were sold online (while almost all Xiaomi phones are sold on its online shop or Tmall store). Besides Coolpad and Xiaomi, other major players in China’s smartphone include Lenovo, Huawei, ZTE, OPPO, Vivo, and Meizu. Qihoo 360 previously tried to enter the smartphone market in 2012, partnering with smartphone makers and selling customized models on a site of Qihoo’s.