Xiaomi

The Latest

  • Xiaomi Explores SUV Production Partnerships Amid Capacity Constraints - Report
    Xiaomi
    Xiaomi is actively seeking collaborations with other automakers. According to sources close to Xiaomi who spoke to Jiemian News, Xiaomi Cars approached Jianghuai Automobile (JAC) in late August to discuss potential partnerships for the production of new energy vehicles. However, the two parties did not finalize any agreement. By October, Xiaomi Cars began negotiations with BAIC BluePark and Brilliance Auto regarding production collaborations.
  • Huawei and Xiaomi Bury the Hatchet: Global Patent Cross-Licensing Agreement Reached After IP Disputes
    5G active antenna units with logos of China Mobile and Huawei
    On September 13, Huawei and Xiaomi announced a global patent cross-licensing agreement, encompassing communication technologies, including 5G.
  • Xiaomi Profits Soar 169% in Q2: The High-End Strategy and Inventory Management Pay Off
    Xiaomi Revenue Surges 64%, Prepares Autonomous Driving Expansion
    For Q2, Xiaomi reported a revenue of ¥673.5 billion, surpassing the expected ¥658.4 billion and marking a 4% decrease year-on-year. The company's net profit surged by 168.5% from the previous year to ¥36.7 billion, exceeding the market expectation of ¥31.6 billion. Adjusted net profits rose to ¥51.4 billion, a 147% hike from the previous year.
  • Xiaomi Targets Offline Sales to Reinvigorate Indian Market Share
    Xiaomi Revenue Surges 64%, Prepares Autonomous Driving Expansion
    Chinese tech giant Xiaomi is focusing on improving its retail store sales in India, seeking to outperform rival Samsung in the country's smartphone market, according to Manu Jain, head of Xiaomi India. This shift comes after years of significant investment in e-commerce platforms.
  • India Tries To 'Snatch' China's Mobile Phone Supply Chain: The Darkest Hour for Chinese Smartphone Companies in India?
    Xiaomi India
    Indian government's aggressive measures to take control of the mobile phone supply chain from China are putting Chinese smartphone manufacturers, including Xiaomi, OPPO, and Vivo, under increasing pressure in the country.
  • A Veiled Takeover? India Poses New Terms to Chinese Mobile Makers, Including Indian Nationals as CEO
    Xiaomi Revenue Surges 64%, Prepares Autonomous Driving Expansion
    Reports from Indian media suggest that the Indian government has proposed new requirements for Chinese smartphone manufacturers operating in India, demanding key executive roles like CEO, CFO, COO, and CTO be filled by Indian nationals.
  • India Formally Warns Xiaomi: 4.8 Billion Yuan in Funds May Be Seized
    Xiaomi
    According to foreign media reports, on May 11, India's financial crime enforcement agency formally notified Xiaomi's Indian branch, the company's leader, and three banks. India accuses them of illegally transferring funds abroad, potentially violating the "Foreign Exchange Management Act."
  • Xiaomi Refutes Ukraine's 'War Sponsor' Allegations, Stresses Commitment to World Peace
    Xiaomi Corp
    Ukraine's National Agency on Corruption Prevention (NACP) has labeled Chinese smartphone manufacturer Xiaomi, its founder and CEO Lei Jun, and 12 other executives as "international war sponsors." The NACP accuses the Beijing-based company of continuing business in Russia despite its military actions in Ukraine.
  • Xiaomi Experiences Record Revenue Drop Amid Economic Slowdown and COVID-19 Impact
    Xiaomi India
    Chinese smartphone manufacturer Xiaomi Corp reported a record 22.8% decline in fourth-quarter revenue on Friday, as the company grappled with a consumption slowdown and the effects of China's COVID-19 restrictions.
  • Xiaomi's Latest $1,000 Smartphone Targets Samsung, Apple
    Xiaomi
    As margins are better and the market is still expanding, Xiaomi is attempting to expand into this segment of the market
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