Figures from two technology market research firms published on January 25 show that Xiaomi overtook Samsung as India’s largest smartphone maker in the fourth quarter of 2017. Previously, Samsung was the largest smartphone maker in India for six years in terms of sales volume.
The US Securities and Exchange Commission (SEC) said on Tuesday that the Huami had submitted an IPO request. That means Huami could soon be listed in the US stock exchange. Huami’s IPO would have a major impact on Xiaomi's valuation, as Huami is a Xiaomi eco-chain company.
The Xiaomi MiLab published an article titled “Why Do We Do VR?” on its official Weibo account on November 11. The article disclosed some stories behind Xiaomi's VR layout.
Facebook has just taken a big step forward in VR. Oculus, its VR company, announced on Monday it would launch a VR device in China through a partnership with Xiaomi.
Xiaomi Chairman Lei Jun reportedly contacted an investment bank in November 2017 about a potential public listing of the company in the second half of 2018. Lei is said to have set a valuation goal of $200 billion. The company would not comment on the rumors.
Huawei's smartphone shipment target will be 200 million units in 2018, according to a source familiar with the company's internal planning.
Xiaomi Annual invited fans to its third "family banquet" on December 29, 2017.
Xiaomi eco-chain released its 2017 annual data on December 29, demonstrating sales in excess of 20 billion yuan – up 100 percent from 2016.
Discount coupons valued for 100-yuan excited Xiaomi fans this week. The company released a series of Mi 7 concept photos on Weibo, which displayed a product that seemed impossible for Xiaomi to make. From the pictures, the concept of the Mi 7 is truly amazing.
Xiaomi may be the most shining Internet company of 2017. Relying on Mi MIX 2 and eco-chain, the brand has won back fans and cultivated a good reputation. Xiaomi's mobile phone sales are back in the world's Top 5 and it met a sales target of hundreds of billions yuan two months ahead of schedule.…
Media were impressed with the 80-million-yuan lavish launch event for the ES8 in Wukesong Venue. There is no doubt NIO raised more investment and spent more money than any other automotive start-up in China. Since its establishment, NIO has raised more than US $2 billion.
Xiaomi's CEO Lei Jun announced that Youpin, once belonging to Xiaomi Internet of Things (MIoT) team, will become an independent e-commerce department in an internal letter on the night of December 12.
Xiaomi's sales are up sevenfold in India since the company's India branch became profitable in the fiscal year that ended in March 2017. Indian consumers appear to prefer the high quality and low price of Chinese smartphones.
Xiaomi confirmed it would be the first mobile phone manufacturer to release products based on Snapdragon 845 processor in China. Xiaomi said it also expects other “unique” products next year.
Citing an insider, Bloomberg reported that Xiaomi is discussing its potential IPO with an investment bank and expecting a US $50 billion valuation.