Xiaomi∗ Archives - Page 15 of 31

Xiaomi Reports 70% YoY Growth in Adjusted Net Profits

Chinese consumer electronics firm Xiaomi on Tuesday reported a better-than-expected financial performance for the fourth quarter of last year, with a 21.4% rise in revenue and a 39.6% growth in profits.

Xiaomi Opens Delivery Service on Meituan

William Lu, partner of Xiaomi, made a post on Weibo on Tuesday asking netizens to try something new: "Search Mi Home on Meituan, and new products will be delivered in half an hour at the fastest!"

China VC Weekly: Xiaomi’s Investment Spree

In last week’s VC news, Xiaomi completed at least two considerable investments in AI and robotic tech, smart projector upstart JMGO bagged $157 million in its latest funding round and more.

Xiaomi Invests in AI Company Aibee

Aibee, a company focused on applying digitalized and intelligent AI solutions to the physical world, announced on Friday that it has completed a new round of strategic investment led by Xiaomi.

Redmi Launches K50 Series, 5000mAh Battery Supports 120W Charging

Chinese telecom giant Xiaomi's sub-brand Redmi launched the newest devices in its K50 series along with a new K40S, the Redmi Book Pro and a special set of earbuds made in cooperation with Genshin Impact.

Kingsoft Cloud Explores Hong Kong Listing After Stock Price Drop

After Kingsoft Cloud's stock price dropped on Monday, the cloud service provider in China announced that it will explore a dual listing of its ordinary shares on the Main Board of the Hong Kong Stock Exchange.

Hutt Completes Round-A Financing Led by Xiaomi

Cleaning robot maker Hutt has completed round-A financing worth tens of millions of yuan, jointly led by Xiaomi and Shunwei Capital, with Leap Capital serving as the exclusive financial adviser.

Xiaomi, OPPO, Vivo in Talks With Indian Firms to Make Smartphones for Export

Three Chinese smartphone brands - Xiaomi, OPPO and Vivo - have started negotiations with Indian manufacturers to produce smartphones locally and then export them worldwide.

Beidou System Certifies Meituan’s Two-Wheeled Vehicles

Recently, the CTTL Terminal Laboratory of China Academy of Information and Communications Technology (CAICT) gave Beidou mobile certificate to two of Meituan's intelligent two-wheeled vehicles.

Xiaomi Invests in Chip Design Company AI Micron

Recently, Hubei Xiaomi Changjiang Industrial Investment Fund Partnership has become the new shareholder of AI Micron, a chip maker.

Counterpoint: Apple Ranks First in Global Smartphone Revenue, OPPO Ranks Third

Counterpoint, a data research organization, announced its global smartphone market rankings for 2021 on Thursday, a year that saw the entire global smartphone market revenue cross $448 billion.

Founding Team Member of Xiaomi Appointed as General Manager of Yitong Technology

Yitong Technology announced on Tuesday that it has hired Sun Peng as its general manager. Sun Peng worked at Microsoft Asian Academy of Engineering, and was a member of Xiaomi's start-up team.

POCO Launches X4 Pro 5G and POCO M4 Pro

POCO, an independent brand born out of Xiaomi, launched its POCO X4 Pro 5G and POCO M4 Pro on Monday night.

Vivo to Invest $466 Million in Indian Operations by 2023

Chinese tech firm Vivo will invest 35 billion rupees ($466 million) in its Indian subdivision by 2023, and increase its annual smartphone production capacity in the country from 60 million to 120 million units.

DataStory Secures $25M in C2-Round Financing

Big data and artificial intelligence firm DataStory announced on Wednesday the completion of a C2 round of financing worth 160 million yuan ($25.3 million).

Honor Ranks Second in Chinese Smartphone Market for First Time

According to data released by Counterpoint Market Monitor on Wednesday, in Q4 2021, Apple's market share in China was 21%, while Honor's market share was 17%.

Redmi K50 E-sports Edition Unveiled

Xiaomi’s sub-brand Redmi launched its long-anticipated K50 E-sports edition in a conference held on Wednesday.

Xiaomi Denies Rumors of Mass Layoffs

Rumors have swirled recently that Chinese tech giant Xiaomi plans to lay off 10% of its employees, mainly targeting new employees and fresh graduates.

Realme’s First Smartphone Supporting 150W Fast Charging Leaked

On Friday, the digital blogger "Digital Chatting Station" unveiled that realme's new smartphone will be equipped with 150W flash charging capability and will adopt the same 160W charger as OPPO.

Counterpoint: Chinese Brands Dominate Southeast Asian Smartphone Market

Smartphone shipments to key Southeast Asian countries (such as Indonesia, Thailand, Philippines and Vietnam) were the highest ever in a calendar year, reaching 96 million units and growing 5% YoY.

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