Baidu to Make Its First Entry into Smartphone Market Next Week

Beijing based internet company baidu The launch of the brand’s first smartphone could be just a week away. according to bloomberg reportsThe smartphone represents another addition to Baidu’s growing portfolio of smart gadgets.

However, the move indicates Baidu’s intention to build a hardware ecosystem that will complement its already dominant Internet services.

Like Google and Amazon, the firm has recently developed smart speakers and displays for the home. And now, the smartphone will be the latest hardware addition. According to a company spokesperson, the smartphone is expected to be unveiled within the next week.

here’s what to expect

At the moment, it is unclear what could be Baidu’s ultimate objectives with introducing the smartphone. However, due to a few reasons, it may be safe to say that the internet giant will not be going into business.

Sean Yang, managing director at Blue Lotus Capital Advisors, shares a similar opinion that Baidu may be soft-pedaling on its new smartphone interest. Acknowledging that the smartphone market is very mature, Yang says:

“It’s hard to make an impact from just a software angle.”

For all intents and purposes, the mobile phone market is completely congested and hardly anyone is doing well at the moment. For example, the smartphone market posted double-digit losses in 2022, with only Apple and Samsung sharing the year’s spoils among themselves. Whereas, other companies in the same year struggled to find various means to at least cover costs from partnership deals and software acquisitions.

Baidu stays focused on AI

Despite the uncertainties surrounding its upcoming business venture, Baidu remains committed to innovative technology, particularly artificial intelligence (AI).

Recall that the firm was one of the first Chinese companies to provide an alternative to OpenAI’s ChatGPT. Baidu in March City: This is Ernie the bot, which has been heavily invested in AI for several years. What’s more, the company also says that it plans to embed its AI tools in all of its smart gadgets, search, autonomous driving and many of its other product offerings.

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Mayowa is a crypto enthusiast/writer whose conversational character is quite evident in his writing style. He firmly believes in the potential of digital assets and takes every opportunity to reiterate this. He is also an avid reader, a researcher, an astute speaker and a budding entrepreneur. However, away from crypto, Mayowa’s distractions include discussing soccer or world politics.