Smartphone and electronics maker Xiaomi now aims to deliver 130,000 electric vehicles this year after SU7 launch in March
TECHNOLOGY POWERING BUSINESS
News Xiaomi
Apple Returns To Top 5 Smartphone Ranks In China, Amid Tim Cook Visit
In Q3 Apple rejoins ranks of top five smartphone makers in China, as government welcomes visit by CEO Tim Cook
Xiaomi Asks For Recall Of India Antitrust Report
Smartphone maker Xiaomi asks Indian antitrust regulator to recall August report, saying it failed to redact confidential data
Xiaomi Makes Gains Across Latin America, Japan, India
Xiaomi makes large smartphone market share gains in markets including Latin America, Japan, India as Southeast Asia sees premium growth
Xiaomi Buys $116m Plot To Expand Bejing EV Factory
Smartphone maker Xiaomi buys 131-acre plot of land in Beijing to expand initial EV plant following rapid sales of SU7 sedan
Apple Smartphone Sales In China Drop 6.7 Percent, Canalys Finds
China woes. Apple's China smartphone shipments decline during the second quarter, dropping it down into sixth place in that market
Xiaomi Entered EV Market ‘Due To US Sanctions’
Xiaomi chief executive says he decided to begin making electric vehicles after company was placed on US military blacklist in 2021
Apple Offers iPhone Discounts In China Amidst Stiff Competition
Apple offers unusual iPhone discounts in China amidst lower sales, stiffer competition from Xiaomi, Huawei
Xiaomi Aims To Become ‘Top Five’ Car Maker With SU7 EV
Xpeng aims for top with technology-heavy SU7 electric vehicle in extremely crowded Chinese EV market hit by slowing demand supply glut
Xiaomi Founder Hopes For ‘Win’ With Upcoming Electric Car
Xiaomi founder and chief Lei Jun says company may struggle to keep up with demand as it prepares electric car launch
Huawei Ramps 5G Smartphone Production Amidst Strong Demand
US-sanctioned Huawei ramping up production of popular 5G smartphone as it gets around US sanctions to achieve chip breakthrough
Xiaomi Prepares Unified OS As Huawei Cuts Off Android
Xiaomi's HyperOS brings together smartphones and connected devices, while Huawei's HarmonyOS Next removes Android support
Mexico Orders Samsung, Motorola To Stop Remotely Disabling Phones
Samsung, Motorola, ZTE instructed by Mexican government to stop remotely bricking gray market smartphones imported into the country
Southeast Asian Smartphone Users ‘Prefer Budget Models’
Smartphone users in key Southeast Asia market overwhelmingly prefer mid-range and budget models, study finds, as manufacturers look beyond downturn
Indian Court Rejects Xiaomi Plea To Return Seized Funds
Indian court rejects plea by Chinese smartphone maker Xiaomi for return of £543m in seized funds, amidst ongoing political tensions
Smartphone Shipments Plunge In Largest Ever Decline
Worrying development. Shipments of new smartphones plunged 18.3 percent in Q4 2022, with total shipment in 2022 down to 2013 levels
Apple Expands Smartphone Lead As Rivals’ Sales Contract
Apple expands smartphone revenues and market share in third quarter as top rivals face difficulties and top Xiaomi execs step down
Xiaomi Cuts Staff Amid China Economic Slowdown
Smartphone maker Xiaomi cuts handset and internet services jobs amidst sales slump, as China begins dismantling zero-Covid controls
Xiaomi Posts 20 Percent Sales Drop Amidst Covid Restrictions
China's Xiaomi posts 20 percent year-on-year drop in sales and 83 percent fall in operating profit as demand hit by Covid restrictions, economic woes
Sony And Honda Team Up For Electric Vehicles
Strange bedfellows? Sony and Honda are to create joint venture, in order to make and sell electric vehicles (EVs) from 2025
German Watchdog Finds No Evidence Of Xiaomi Secret Function
Germany's federal cybersecurity watchdog concludes Xiaomi investigation, after warning from Lithuanian counterparts about censorship risk
Lithuania Warns Citizens Over 5G Chinese Phones
Lithuania warns its citizens to stop using smartphones from three Chinese firms after finding some “cyber and personal data security risks”
US Removes Xiaomi From DoD Blacklist
Shares in Xiaomi rally after US DoD removes Trump's blacklisting of Chinese smartphone maker over alleged ties to the Chinese military
US Adds Xiaomi To Military Blacklist
Xiaomi and eight other Chinese companies added to US military blacklist, as outgoing US administration throws final punches
Samsung Postpones Galaxy Fold Launch Over Screen Failures
Company says it will push back folding smartphone debut after some reviewers found displays developed faults after less than 48 hours of use
Xiaomi Shows Off Smartphone With Double Fold
The folding smartphone market is heating up with Xiaomi's tease of a double-fold device and plans in the works from several major manufacturers
Huawei Smartphones Hit No. 2 Spot In Europe, Beating Apple
Huawei's meteoric growth, and Apple's seasonal weakness, combine to put the Chinese giant into second place behind Samsung
Samsung Opens ‘World’s Biggest’ Smartphone Plant In India
With the new factory Samsung aims to boost sales in the world's No. 2 smartphone market as well as exporting to Europe
Xiaomi Aims To Crack US Market Where Other Chinese Giants Failed
The company is set to list shares in Hong Kong next week at a sharply reduced valuation of $54bn
Xiaomi Reports $1bn Quarterly Loss Ahead Of Blockbuster IPO
The smartphone maker's listing is expected to be the biggest since Alibaba's US market debut in 2014