Chinese consumer tech giant Xiaomi held a product launch conference on December 11, officially releasing the high-end flagship Xiaomi 13 smartphone series, a new MIUI 14 operating system and various AIoT products.
Chinese consumer electronics giant Xiaomi has recently begun to promote a press conference that will be held at 7 p.m. on December 1, Beijing time. The Xiaomi 13 smartphone series, the firm's first desktop computer and other products will all be released at the event.
Affected by positioning upgrades, material costs, the continued impact of COVID-19, exchange rate fluctuations and other factors, the unit price of the upcoming Xiaomi 13 smartphone series is expected to increase by 15-20% to around 4,500 yuan ($628).
On September 25, a Xiaomi 5G smartphone model with code name "2210132C" passed China's official safety assessment process, which is required for all products imported or sold in the country.
On July 4, Xiaomi officially released three flagship smartphones, including the 12S, the 12S Pro, and the 12S Ultra. Now the test phone configuration of the flagship Xiaomi 13 series is leaked.
According to a suspected leak of the packaging for a new product, Xiaomi will probably skip its 13 series and release 14 series directly. However, Wang Hua, general manager of Xiaomi's public relations department, denied the rumor.
Chongqing Rural Commercial Bank, which is listed on the Hong Kong Stock Exchange (HKEx), disclosed on August 25 its latest semi-annual report, also mentioning the performance of its joint venture Chongqing Xiaomi Consumer Finance Co., Ltd., which owns its shares.
Android 13 Beta 2 was officially released at the Google I/O developers conference on Thursday. Chinese smartphone manufacturers including Xiaomi, OPPO and realme have all announced that their models will adopt the operating system.
After several rounds of warming up, new editions of Mi 8 are finally unveiled at Xiaomi‘s new product launch event in Chengdu on Sept. 19.
On February 2, Chinese electronics maker Xiaomi decided to require a compensation of 1 million yuan ($148,926) from its partner, a molding technology company in Beijing, which leaked a draft version of the front and rear bumpers for Xiaomi's yet-to-be-released vehicle.
Xiaomi sub-brand Redmi launched its new Redmi K60 smartphone series in China on December 27. The new lineup includes the Redmi K60, Redmi K60 Pro, and Redmi K60E. A "Speed Edition" for the Note 12 Pro has also been launched.
Beijing-based tech giant Xiaomi has reportedly initiated a new round of layoffs. Furthermore, two enterprises that have received major Xiaomi backing – Black Shark and ZMI – have also been exposed to extensive layoffs.
Lei Jun, founder and CEO of Chinese smartphone manufacturer Xiaomi, issued an internal letter on December 22, announcing that Wang Xiang, President of Xiaomi, will retire at the end of the month and continue to serve as a senior consultant.
Several Xiaomi employees recently wrote on Chinese career and social networking platform Maimai that during a product launch conference on December 11, roughly 6,000 employees received notices of being laid off.
Hanxing Venture Capital, a Xiaomi affiliate, recently increased its investment in Hefei-based chip firm Rhino. The company's core products are autonomous driving chips but is also involved in developing autonomous driving solutions and development tool chains.
Xiaomi released its financial report for the third quarter of 2022 on November 23. Its revenue in the period was 70.47 billion yuan ($9.87 billion), down 9.7% year-on-year. Net profits were -1.476 billion yuan, while adjusted net profits were 2.117 billion yuan, down 59.1% year-on-year.
Xiaomi's vehicle manufacturing business has been established for more than a year now, and related rumors have emerged one after another from within the industry.
On November 2, the Xiaomi 12S Ultra Concept Edition was officially unveiled, which features a unique rear camera setup that includes a removable Leica lens for enhanced photography. Xiaomi and German camera maker Leica jointly released the Xiaomi 12S Ultra in July this year.
Airstar Digital Technology is a key company in Xiaomi's financial business segment, and its business mainly includes industrial financial services, financial technology services and personal financial services.
Xiaomi launched the latest member of its Civi smartphone series for the Chinese market on September 27. The new Xiaomi Civi 2 comes to users with a Snapdragon 7 Gen 1 chipset.