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Xiaomi, With $10 Billion Investment Pledged, Wins China Approval to Make Electric Vehicles
Xiaomi has won the approval of China's state planner to manufacture electric vehicles (EVs), said two people with knowledge of the matter, marking a major step towards the smartphone maker's goal of producing cars by early next year.
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Xiaomi Slashes 15 Percent of Jobs in Smartphone and Internet Services Business: Report
Xiaomi has reportedly started to lay off workers in its smartphone and internet services business. According to a report, the company is reducing its workforce by 15 percent, and thousands of workers who were hired in December last year could be affected by the layoffs.
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China's Xiaomi Claims Indian Agency Threatened "Physical Violence": Report
Chinese smartphone maker Xiaomi Corp has alleged its top executives faced threats of "physical violence" and coercion during questioning by India's financial crime fighting agency, according to a court filing seen by Reuters.
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Redmi 10X Price and Specifications Tipped, Expected to Be Powered by Helio G85 SoC
Redmi 10X is said to be the name of the mysterious phone that was listed on TENAA’s database with model number M2003J15SC. The last week’s listing had suggested some specifications of the phone.
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Xiaomi Weathers China Smartphone Slowdown but Growth Worries Hit Shares
Xiaomi beat profit estimates as it dominated the Indian market and sold more expensive handsets in Western Europe, but shares slid as revenue fell short of expectations.
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China 2018 Smartphone Shipments Down Up to 15.5 Percent: Market Data
Apple triggered a selloff in global markets last week after it took the rare step of cutting its quarterly sales forecast citing slowing iPhone sales in China.
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Global Smartphone Shipments Decline for Fourth Consecutive Quarter, Samsung Still Leads With Slumping Shipments: IDC
The two major reasons for declining smartphone shipments are Samsung’s declining shipments and China’s declining demand for smartphones.
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Xiaomi Said to Cut Valuation After Pulling Mainland Offering
Xiaomi has lowered its likely valuation to between $55 billion and $70 billion following its decision to delay its mainland share offering, sources with knowledge of the matter said.
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Chinese Phone Giant Xiaomi Could Be Twice as Expensive as Apple
Xiaomi could be valued at as much as $92 billion given the strong growth in its cash flows beyond 2020.
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Xiaomi Poised to Become a Billionaire Factory With Listing
While CEO Lei Jun and President Lin Bin are already billionaires, a $50 billion valuation would create three new billionaires.
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Mi A2 (Mi 6X) May Launch on April 25 as Xiaomi Sends Invite
Mi 6X, the Chinese variant of Mi A2, is expected to launch at the April 25 event Xiaomi is hosting in China.
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Chinese Manufacturers Took 53 Percent of Indian Smartphone Market in 2017: IDC
Despite the government's continuous push to help domestic smartphone manufacturers, China-based vendors are thriving.
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Domestic Brands Dominate China's Smartphone Market in Q2: Counterpoint
Huawei and Vivo are the fastest growing brands followed by Oppo and Xiaomi, together cementing the top four spots and extending their lead over Apple and Samsung.
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Xiaomi Reportedly Planning to Expand Its Smartphone Portfolio to Boost Sales
A report claims Xiaomi is planning on adding more mid-range, high-end models to its lineup to better compete in China.
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Huawei's Smartphone Sales Shoot up After Copying Xiaomi's Online Strategy
China's Huawei Technologies Co Ltd has taken sales of its low-price Honor brand of smartphones to 20 million from 1 million in just one year, hitting pay dirt with the disruptive online-only strategy it copied from smaller upstart Xiaomi Inc.
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Xiaomi, With $10 Billion Investment Pledged, Wins China Approval to Make Electric Vehicles
Xiaomi has won the approval of China's state planner to manufacture electric vehicles (EVs), said two people with knowledge of the matter, marking a major step towards the smartphone maker's goal of producing cars by early next year.
-
Xiaomi Slashes 15 Percent of Jobs in Smartphone and Internet Services Business: Report
Xiaomi has reportedly started to lay off workers in its smartphone and internet services business. According to a report, the company is reducing its workforce by 15 percent, and thousands of workers who were hired in December last year could be affected by the layoffs.
-
China's Xiaomi Claims Indian Agency Threatened "Physical Violence": Report
Chinese smartphone maker Xiaomi Corp has alleged its top executives faced threats of "physical violence" and coercion during questioning by India's financial crime fighting agency, according to a court filing seen by Reuters.
-
Redmi 10X Price and Specifications Tipped, Expected to Be Powered by Helio G85 SoC
Redmi 10X is said to be the name of the mysterious phone that was listed on TENAA’s database with model number M2003J15SC. The last week’s listing had suggested some specifications of the phone.
-
Xiaomi Weathers China Smartphone Slowdown but Growth Worries Hit Shares
Xiaomi beat profit estimates as it dominated the Indian market and sold more expensive handsets in Western Europe, but shares slid as revenue fell short of expectations.
-
China 2018 Smartphone Shipments Down Up to 15.5 Percent: Market Data
Apple triggered a selloff in global markets last week after it took the rare step of cutting its quarterly sales forecast citing slowing iPhone sales in China.
-
Global Smartphone Shipments Decline for Fourth Consecutive Quarter, Samsung Still Leads With Slumping Shipments: IDC
The two major reasons for declining smartphone shipments are Samsung’s declining shipments and China’s declining demand for smartphones.
-
Xiaomi Said to Cut Valuation After Pulling Mainland Offering
Xiaomi has lowered its likely valuation to between $55 billion and $70 billion following its decision to delay its mainland share offering, sources with knowledge of the matter said.
-
Chinese Phone Giant Xiaomi Could Be Twice as Expensive as Apple
Xiaomi could be valued at as much as $92 billion given the strong growth in its cash flows beyond 2020.
-
Xiaomi Poised to Become a Billionaire Factory With Listing
While CEO Lei Jun and President Lin Bin are already billionaires, a $50 billion valuation would create three new billionaires.
-
Mi A2 (Mi 6X) May Launch on April 25 as Xiaomi Sends Invite
Mi 6X, the Chinese variant of Mi A2, is expected to launch at the April 25 event Xiaomi is hosting in China.
-
Chinese Manufacturers Took 53 Percent of Indian Smartphone Market in 2017: IDC
Despite the government's continuous push to help domestic smartphone manufacturers, China-based vendors are thriving.
-
Domestic Brands Dominate China's Smartphone Market in Q2: Counterpoint
Huawei and Vivo are the fastest growing brands followed by Oppo and Xiaomi, together cementing the top four spots and extending their lead over Apple and Samsung.
-
Xiaomi Reportedly Planning to Expand Its Smartphone Portfolio to Boost Sales
A report claims Xiaomi is planning on adding more mid-range, high-end models to its lineup to better compete in China.
-
Huawei's Smartphone Sales Shoot up After Copying Xiaomi's Online Strategy
China's Huawei Technologies Co Ltd has taken sales of its low-price Honor brand of smartphones to 20 million from 1 million in just one year, hitting pay dirt with the disruptive online-only strategy it copied from smaller upstart Xiaomi Inc.
