BEIJING and HELSINKI, March 18, 2013 /PRNewswire/ --
Ensures High Performance and Full Interoperability to User Content
Tuxera Inc., the market leader in interoperable technology announced today a partnership with Xiaomi, one of the fastest growing Chinese smartphone manufacturers. Last year, Xiaomi announced acquisition of the digital content provider Duokan that resulted in a brand new product line called Xiaomi Box, which closely integrates with Xiaomi smartphones establishing a multi-device platform. The Android based set-top boxes ship Tuxera NTFS and FAT for multi-streaming, excellent performance, the most comprehensive interoperability and reliability.
Xiaomi has been in the spotlight with the impressive products and sales figures. Nearly three years after founding, Xiaomi has raised $347 million in total funds, and is valued at $4 billion. In 2012, Xiaomi sold a total of 7.19 million Xiaomi Phones; the revenue amounted to 12.6 billion RMB (about USD 2 billion). The company first built its brand by moderately priced high-end smartphones and now aims at providing devices for a comprehensive home entertainment ecosystem that would span across phones and set-top boxes.
Xiaomi Box can stream media from phone, tablet, or laptop over Wi-Fi network, bringing movies or music onto the big-screens. It has won over the reviewers with its exceptional multimedia experience, price-to-quality ratio and compatibility with the latest technologies such as DLNA, Miracast protocols.
"Tuxera file system solutions allow Xiaomi Box users to download, stream, record and play-back the content with no limits in recording size or length. To ensure ultimate user experience, it is invaluable that our product is fail-safe and offers plug-and-play interoperability with all kind of external storages from the cheapest memory sticks to the latest USB hard drives," said Wang Chuan, Xiaomi co-founder.
Recent study from Research & Markets shows that the demand for set-top boxes is growing fast in China: 42 million set-top boxes were shipped in 2011 and the analysts are expecting the total number to exceed 90 million in 2015. Most of the set-top-boxes on the market are equipped with media player functionality making it possible to show pictures, play music and video from portable USB storages. More and more devices have also the possibility to record video over USB or SD interface to an internal or external storage. Tuxera cooperates with the leading chipset manufacturers to offer the most reliable and widely deployed NTFS, exFAT, FAT and HFS+ file systems for portable media players and personal video recorder functionality.
"We are excited to be working with Xiaomi, which is committed to product innovation and customer-facing integration. Over the past few years, our investments in China have increased substantially. With the fastest growing technology industry in the world, China is one of our main focus markets. We are actively working together with the customers across the country, so it is crucial for us to have a strong local presence and motivated, expert team on the site," added Yang Zhiheng, Country Manager at Tuxera.
About Xiaomi: Beijing Xiaomi Technology Co., Ltd., was founded by Lei Jun, the famous angel investor. Xiaomi is a Mobile Internet company,focuses on the research and development of high-end smartphones. The company is formed by the handset team (Xiaomi Phones), MIUI (the Android Skin), MiTalk, Xiaomi.com (the E-commerce platform), and Duokan. The core leader team is included: Lei Jun - founder, Chairman and CEO; Lin Bin - the co-founder and president; Li Wanqiang, Zhou Guangping, Huang Jiangji, Liu De, Hong Feng, Wang Chuan - co-founders and vice presidents.
About Tuxera: Tuxera is the leading provider of file systems that allow music, pictures, videos and other content to be ported across mobiles, tablets, home entertainment, consumer, industrial or any other electronics. Tuxera's industry-standard file system solutions for Android, Linux, Mac OS X and other platforms have hundreds of millions of installations. Close collaboration with industry leaders ensures reliable compatibility and helps to set high standard in performance, low power use for embedded and mobile solutions. For more information, please visit http://www.tuxera.com
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