Xiaomi Archives - Page 13 of 15

Can Xiaomi Support its US $100B Valuation?

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. […]

Huawei to Enter US: Aims to Displace Apple as Second Largest Phone Maker

Huawei reached a deal with AT&T to sell Huawei phones through the US operator’s channels in the first half of 2018, Chinese media reported in August. Recently, Yu Chengdong has confirmed Huawei will formally enter the US market in 2018.

NIO ES8 Released: ‘Xiaomi’ Enters the Car Industry?

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.

XPENG Motors Gets Money from Huawei, Xiaomi, Foxconn for ‘Electric Auto 2.0’

XPENG has finished its A+ round financing and plans to announce B round financing in early 2018, XPENG Motors Chairman He Xiaopeng said in a Weibo post on December 15. Investment in this round of financing came from Xiaomi, Foxconn and IDG.

Lei Jun’s Internal Letter: Youpin to be Independent as E-Commerce

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 Sales Up Sevenfold During Third Year in India Market

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.

Lei Jun at Snapdragon Summit: Xiaomi Eyes AI Tech, North America

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.

Xiaomi May Be Discussing IPO, Estimated Value $50B

Citing an insider, Bloomberg reported that Xiaomi is discussing its potential IPO with an investment bank and expecting a US $50 billion valuation.

Lenovo Sells Off R&D Center in Wuhan for 1.24 Billion Yuan

Is the frequent selling of buildings due to a lack of corporate competence or intense market competition?

Xiaomi Launches IoT Developer Program, Announced Cooperation with Baidu on AI

Xiaomi announced the launch of its IoT Developer Program and opened it on the morning of November 28. At the same time, Xiaomi reach cooperation with Baidu, and the two sides will jointly build the IoT+AI ecosystem.

Xiaomi will Build Its Third Handset Plant in India

According to foreign media reports, Xiaomi, which has had two smartphones factories in India, will build its third smartphone factory in India, as well as builds a charge pal plant with India local companies.

Xiaomi Expands to US Market with Five Products on Amazon

Xiaomi is bringing new products to the US market, TechWeb reported on November 20. Its new offerings on Amazon.com include two headsets, a 10,000 mAh portable power bank, a 360-degree panoramic camera and a sweeping robot.

Xiaomi to Invest $1 Billion in 100 Indian Startups

Xiaomi plans to invest $1 billion in 100 Indian startups during the next five years, focusing on the construction of its smartphone ecosystem, Xiaomi CEO Lei Jun said in an interview with India Livemint on November 20.

IDC: Xiaomi and Samsung Tie for India’s No. 1 Handset Maker

Xiaomi and Samsung both shipped 9.2 million mobile phones, each accounting 23.5 percent of the Indian smartphone market during Q3, IDC reported on November 14. The two are now tied for India’s top mobile phone brand. The news marks the first time Xiaomi has caught up with Samsung to become the top smartphone in India.

Lei Jun Leaps to Celebrate Xiaomi’s Single’s Day Success

Beijing Capital Airport and Beijing South Railway Station welcomes a mass of “refugees” from the field of media and public relations. Most hadn’t changed clothes for two or three days and had greasy hair and bags under their eyes.

Samsung Phone Sales Fall in China, Market Share Plummets to 1.6% in Q4

An army of Chinese brands led by Xiaomi has come to dominate the domestic smartphone market. SONY, Samsung, Blackberry and a large number of overseas brands have become its victims. Foreign media reported that Samsung’s smartphone market share in China fell to 2 percent in Q3, putting it in ninth place.

Xiaomi Releases Crowd-Funded Product: Microcrystalline Titanium Wok

Xiaomi released its 132th crowd-funded new product, the Yi Wu Yi Shi Microcrystalline Titanium Wok, priced at 449 yuan.

Xiaomi Flagship Opens in Shenzhen as White MIX2 Arrives Early

The world’s first Xiaomi flagship store opened on November 5 in Mixc Shopping Mall, Shenzhen. Lei Jun, founder and chairman of Xiaomi, was present at the ceremony with 11 Xiaomi partners and Xiaomi President Lin Bin.

Xiaomi Unveils International MIUI 9, Steps Closer to Stock Android

Xiaomi released its international edition of MIUI 9 in India on November 2. The new system gives priority to a smooth experience, and is comparable to stock Android with its many new functions. Based on a study of foreign use cases, MIUI international edition also has many customized localization services to improve user experience.

China Positioned to Lead the World in Electric Autos

A BYD Tang was sighted in the parking lot of Chrysler’s headquarters in Auburn Hills, Michigan in June. Chrysler purchased the vehicle as a reference for its forthcoming 2018 Jeep Cherokee. A US automaker was ‘learning’ from BYD Tang’s experience.

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