Xiaomi∗ Archives - Page 23 of 31

FIMI’s UAV Recalled Due to Control System Malfunction

On Friday, the State Administration for Market Regulation announced on its website that 4,000 units of the UAV WR JTZ02FM drone manufactured by FIMI Technology, will be recalled. This recall applies to the 4K version of the drone which wereproduced from February 8, 2017 to February 18, 2017.

Tencent Awards 2,403,000 Shares of Stock Worth about 1.1 billion Yuan to 3,300 Employees

Tencent announced on the Hong Kong Stock Exchange on Wednesday that it plans to give a total of 2,403,203 shares of stock as awards to no less than 3,300 employees, which is worth RMB 1.121 billion based on the closing price of the company's shares on July 14.

Xiaomi Hires More People for Autonomous Driving; New Talent Plan to Be Announced Soon

On July 14th, Xiaomi increased the number of job positions from 24 to 25, all of which are in the field of autonomous driving. According to chinastarmarket.cn, Xiaomi will also soon announce a new talent recruitment plan.

Beleaguered Retail Group Suning.com receives a $1.4bn State-Backed Investment

On Monday, Suning.com, the retail arm of Suning Group, announced that two state-backed investors took the lead to establish the second phase of Jiangsu Xinxin Retail Innovation Fund, which would acquire 16.96% equity of Suning.com at a price of 5.59 yuan per share, marking the latest move by China to rescue debt-ridden conglomerate.

Xiaomi to Provide over 110 Million Shares to Retain Talents

On Tuesday, Lei Jun, founder of Xiaomi, announced that he would issue a new stock incentive plan, awarding 119,650,000 shares to 122 outstanding employees including technical experts, the first batch of candidates of the Entrepreneur Program for a New Decade, as well as middle and senior managers.

Alain Lam, Vice President of Xiaomi, Succeeds Lei Jun as Chairman of the Board of Directors of Airstar Bank

On June 29, Airstar Bank Limited, a Hong Kong-based virtual bank, announced on its website that Alain Lam, Vice President and Chief Financial Officer of Xiaomi Corporation, had succeeded Lei Jun as Chairman of the Board of Directors as of June 23, 2021.

Company Behind Fallen Bike-Sharing Unicorn Ofo Found to Lack Executable Funds

According to enterprise information platform Tianyancha, Dongxia Datong (Beijing) Management Consulting Co. Ltd., the operator of the now defunct bike-sharing platform Ofo, was found to possess no executable funds following a court order on June 10.

China VC Weekly: COVID Vaccine and Xiaomi’s First EV Moves

In last week’s VC news, pharmaceutical firm Stemirna Therapeutics raises roughly $188 million for COVID vaccine trials, Xiaomi-backed fund invests in autonomous driving startup Zongmu Technology shortly after the company announced a foray into the EV market, supply chain information startup Xforceplus closes $200 million Series C round.

Emerging Markets Will Drive Next Wave of Global 5G Smartphone Sales: Realme-Counterpoint White Paper

Two years after the launch of the world’s first commercial 5G network, the race continues. OEMs (original equipment manufacturers) are rapidly expanding their 5G offerings and accessibility, driving the adoption of the next-generation wireless standard across key markets including the US, Europe and China.

US Formally Removes Xiaomi From Blacklist

On May 25, the US District Court for the District of Columbia issued a final judgment regarding Chinese electronics company Xiaomi’s previous designation as a “Communist Chinese Military Company” (CCMC).

Redmi Introduces K40 Gaming Enhanced Edition Phone with Dimensity 1200 Chipset

Redmi, Chinese technology giant Xiaomi’s sub-brand, on Wednesday launched its long-hyped K40 Gaming Enhanced Edition mobile phone, adding a new member to the company’s flagship K40 series.

Xiaomi Reveals Entirely Port-free Mi MIX Series Concept Phone with Quad-curved Display

Chinese smartphone maker Xiaomi on Friday revealed its first concept smartphone with a quad-curved display that wraps around all edges of the device.

Xiaomi Sues US Government Over Trump’s Investment Ban

On Jan. 31, Chinese smartphone maker Xiaomi announced to have sued the U.S. Department of Defense and the U.S. Treasury Department in hopes to reverse the executive order that bars American capital in the company.

And Then There was One: How Chinese Messaging Apps Tried — and Failed — to Challenge WeChat’s Iron Grip on Social Networking

Xiaomi announced the shutdown of MiTalk last Tuesday, the same day Tencent unveiled an ambitious vision for WeChat. Why couldn't these apps achieve the same success?

FIMI’s UAV Recalled Due to Control System Malfunction

Tencent Awards 2,403,000 Shares of Stock Worth about 1.1 billion Yuan to 3,300 Employees

Xiaomi Hires More People for Autonomous Driving; New Talent Plan to Be Announced Soon

Beleaguered Retail Group Suning.com receives a $1.4bn State-Backed Investment

Xiaomi to Provide over 110 Million Shares to Retain Talents

Alain Lam, Vice President of Xiaomi, Succeeds Lei Jun as Chairman of the Board of Directors of Airstar Bank

China VC Weekly: COVID Vaccine and Xiaomi’s First EV Moves

Emerging Markets Will Drive Next Wave of Global 5G Smartphone Sales: Realme-Counterpoint White Paper

US Formally Removes Xiaomi From Blacklist

Redmi Introduces K40 Gaming Enhanced Edition Phone with Dimensity 1200 Chipset

Xiaomi Reveals Entirely Port-free Mi MIX Series Concept Phone with Quad-curved Display

Xiaomi Sues US Government Over Trump’s Investment Ban

And Then There was One: How Chinese Messaging Apps Tried — and Failed — to Challenge WeChat’s Iron Grip on Social Networking

India Permanently Bans 59 Chinese APPs Including Tech Giants TikTok and Wechat

Xiaomi Among Nine More Firms US Adds to Chinese Military Blacklist

TOP 10 Chinese Smartphone Companies Going Global in 2020

“Removal of Phone Charger Was My Idea”: Xiaomi CEO Jun Lei

Xiaomi Removes In-box Charger with Upcoming Mi 11

Xiaomi Confirms December 28 for Mi 11 Series Launch Date

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