Baidu puts 25% of R&D into mobile as revenue triples - Mobile World Live

Baidu puts 25% of R&D into mobile as revenue triples

01 OCT 2012

The CEO of Chinese seach engine Baidu said that about 25 percent of its research and development spending is on mobile, even as smartphones make up less than 10 percent of the company’s total sales. Bloomberg reports that Robin Li said mobile sales at least tripled this year as Baidu rolled out new products. However, Li warned that China’s biggest Internet companies haven’t yet figured out the best way to make money from mobile, and he’s patiently experimenting with business models.

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Justin manages the editorial content for the Mobile World Live portal and award-winning Mobile World Live TV service. In the last few years Justin has launched and grown a portfolio of premier media products, which include the Mobile World Congress...

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