Trends - Xiaomi - Business Recorder

Xiaomi

Air Link announces distribution agreement with realme

Pakistan's Air Link Communication Limited on Tuesday announced that it has entered into the distribution agreement...

Published 28 Dec, 2021 03:17pm

Technology

Mobile phone manufacturing: PTA grants licence to Air Link's Select Technologies

Wholly-owned subsidiary will manufacture Xiaomi's smartphones

Published 30 Nov, 2021 12:58pm

Business & Finance

Xiaomi to open car plant in Beijing with annual output of 300,000 vehicles

SHANGHAI: Chinese smartphone giant Xiaomi Corp will build a plant that can produce 300,000 vehicles annually in...

Published 29 Nov, 2021 06:03am

Technology

Xiaomi partners with Air Link to manufacture smartphones in Pakistan

Development comes after Air Link last month announced that it will incorporate a wholly-owned subsidiary 'Select Technologies (Pvt) Limited'

Updated 01 Nov, 2021 08:01pm

Business & Finance

Xiaomi revenue surges 64%, prepares autonomous driving expansion

Sales reached 87.8 billion yuan ($13.56 billion), up from 53.54 billion
Xiaomi announced that it is acquiring autonomous driving startup Deepmotion for approximately $77.37 million

Published 25 Aug, 2021 05:31pm

Business & Finance

Pakistan to become more self-reliant in handset production: Fitch

Says entry of global smartphone manufacturers augers well for an import-dependent sector

Published 20 Aug, 2021 10:21am

Business & Finance

Samsung reports surge in profit on pandemic-led demand for chips

Operating profit increased 54.3 percent to 12.6 trillion won from 8.1 trillion won a year earlier, more than half of which came from the firm's semiconductor business

Published 29 Jul, 2021 10:11am

Business & Finance

Xiaomi plans to set up smartphone assembly unit in Pakistan

BEIJING: Xiaomi, the second biggest smartphone company in the world, is planning to set up its assembly unit in...

Published 26 Jul, 2021 05:21am

Technology

Xiaomi surpasses Apple in Europe due to Impressive Growth

Xiaomi has surpassed Apple in terms of market share in Europe.
Xiaomi now accounts for 23 percent share of the European region as compared to Apple's 19 percent and witnessed impressive 85 percent year-on-year growth in Europe as compared to Apple's 22 percent.

Updated 08 May, 2021 05:37pm

Markets

LG becomes first major smartphone brand to withdraw from market

Its decision to pull out will leave its 10pc share in North America, where it is the No. 3 brand, to be gobbled up by smartphone titans Apple Inc and Samsung Electronics.

Published 05 Apr, 2021 08:08am

Business & Finance

Xiaomi to invest $10bn in electric vehicles

BEIJING: Smartphone maker Xiaomi on Tuesday became the latest Chinese company to enter the burgeoning electric...

Published 05 Apr, 2021 03:56am

Business & Finance

China's smartphone maker Xiaomi to invest $10bn in electric vehicles

Global carmakers are pegging hopes on an increasingly electric future, with China at the forefront as a customer base and manufacturing hub.

Published 30 Mar, 2021 06:58pm

Technology

Samsung working on a double-folding phone to add to its foldable lineup

Samsung is working on a third foldable phone with double-folding after Galaxy Z Fold and Z Flip.
The new phone is expected to be revealed around the end of this year.

Updated 23 Mar, 2021 02:19pm

Technology

China's Xiaomi soars as US judge lifts it from backlist

The news sent shares in the firm surging 12 percent in Hong Kong morning trade Monday, having lost more than 40 percent since Trump's order.

Published 15 Mar, 2021 10:32am

Technology

US judge removes Xiaomi from Trump-era blacklist

WASHINGTON: A US judge on Friday ordered Chinese smartphone maker Xiaomi temporarily removed from a government...

Updated 14 Mar, 2021 10:29am

Markets

FTSE Russell says will delete Xiaomi from global indexes on US order

Xiaomi did not immediately respond to a request for comment.

Updated 05 Mar, 2021 03:17pm

Business & Finance

Apple ousted Samsung & Xiaomi as the top-selling smartphone brand in late 2020

Apple overtook Samsung and Xiaomi to become the top-selling smartphone brand in the fourth quarter of 2020.
Apple also claimed a market share of 20.8 percent in the 4th quarter of 2020.

...

Published 23 Feb, 2021 04:22pm

Technology

Xiaomi Mi 11 Ultra comes with a water-resistant flagship & rear screen

Xiaomi, launched its Mi 11 Ultra this month with water resistant features and a rear screen - never before seen in smartphones.

Published 13 Feb, 2021 11:11am

Technology

Huawei CEO hopes for 'open policy' from Biden administration

With China's huge domestic market, Huawei will likely survive but not without major changes, said Nicole Peng, analyst with Canalys.

Published 09 Feb, 2021 09:51am

World

Smartphone giant Xiaomi sues to reverse US blacklisting

WASHINGTON: Chinese smartphone maker Xiaomi said Sunday it had filed a lawsuit seeking to overturn the former Trump...

Published 01 Feb, 2021 03:40am

World

Sovereign wealth, public pension giants caught up in US-China tech fight

LONDON: Some of the world’s biggest sovereign wealth funds and public pension funds are getting caught in the...

Published 01 Feb, 2021 03:40am

Technology

Huawei smartphone shipments plummet amid US sanctions

Still, China's overall smartphone market shrank 11% in 2020.

Published 29 Jan, 2021 12:07pm

Business & Finance

Smartphone giant Xiaomi reels as US ramps up China blacklist

Beijing hit back at the latest sanctions, accusing the US of "abusing state power" to crack down on Chinese companies "for no reason".
Xiaomi said in a statement that "it is not owned, controlled or affiliated with the Chinese military, and is not a 'Communist Chinese Military Company'".

Published 15 Jan, 2021 06:21pm

Technology

China tech giant Xiaomi dives 11% after US blacklisting

The company, one of the world's biggest smartphone makers and considered China's answer to Apple, was one of 11 firms targeted by US officials who said they posed a threat to national security.

Published 15 Jan, 2021 09:33am

Technology

Bolstered by pandemic, tech titans face growing scrutiny

Jacques Cremer, a professor at the Toulouse School of Economics in France, said it is "normal" that Facebook, Google or Twitter "use the data they have on me to show me ads".

Published 28 Dec, 2020 10:57am

Technology

Xiaomi's Market Value Crosses the $100bn Mark

Xiaomi's market value has finally surpassed the $100 billion mark, a figure that the Chinese smartphone company had failed to reach two years ago when it listed its stock on the market.

Updated 24 Dec, 2020 11:37am

Technology

Redmi announced its first $45 smartwatch

Redmi, a Xiaomi budget sub-brand, has announced its first smartwatch called the Redmi Watch, alongside the upgraded Redmi Note 9 series.

Updated 27 Nov, 2020 01:56pm

World

India import hurdles hit Apple iPhone, Xiaomi devices from China, say sources

Applications to the quality control agency, the Bureau of Indian Standards (BIS), typically used to be processed within 15 days, but some are now taking up to two months or longer.

Updated 25 Nov, 2020 04:45pm

Gainers
Losers
Leaders

Stock	Price
Power Cem(Pref) / Jan 19 Power Cement (Pref)(POWERPS)	10.75 ▲ 0.76 (7.61%)
Premier Sugar / Jan 19 The Premier Sugar Mills(PMRS)	531.82 ▲ 37.10 (7.50%)
Khairpur / Jan 19 Khairpur Sugar Mills Limited(KPUS)	65.84 ▲ 4.59 (7.49%)
Masood Textile / Jan 19 Masood Textile Mills Limited(MSOT)	46.28 ▲ 3.22 (7.48%)
Nagina Cot. / Jan 19 Nagina Cotton Mills Limited(NAGC)	87.00 ▲ 5.99 (7.39%)
Janana D Mal / Jan 19 Janana De Malucho Textile Mills Limited(JDMT)	75.87 ▲ 4.97 (7.01%)
Oilboy Energy / Jan 19 Oilboy Energy Limited(OBOY)	22.00 ▲ 1.38 (6.69%)
Next Capital / Jan 19 Next Capital Limited(NEXT)	10.97 ▲ 0.50 (4.78%)
PICIC Ins.Ltd. / Jan 19 PICIC Insurance Limited(PIL)	1.22 ▲ 0.04 (3.39%)
Kot Addu Power / Jan 19 Kot Addu Power Company Limited(KAPCO)	33.80 ▲ 0.91 (2.77%)

Stock	Price
Jauharabad Sug / Jan 19 Jauharabad Sugar Mills Limited(JSML)	20.70 ▲ -2.40 (-10.39%)
Kohinoor Power / Jan 19 Kohinoor Power Company Limited(KOHP)	4.51 ▲ -0.39 (-7.96%)
Netsol Tech. / Jan 19 NetSol Technologies Limited(NETSOL)	98.33 ▲ -7.97 (-7.50%)
Jah.Sidd. Co. / Jan 19 Jahangir Siddiqui & Co. Ltd.(JSCL)	15.48 ▲ -1.25 (-7.47%)
Metro Steel / Jan 19 Metropolitan Steel Corporation Limited(MSCL)	24.80 ▲ -1.85 (-6.94%)
Pace (Pak) Ltd. / Jan 19 Pace (Pakistan) Limited(PACE)	4.02 ▲ -0.29 (-6.73%)
Khurshid Spinning / Jan 19 Khurshid Spinning Mills Limited(KHSM)	9.50 ▲ -0.68 (-6.68%)
Kohinoor Spining / Jan 19 Kohinoor Spinning Mills Limited(KOSM)	4.02 ▲ -0.27 (-6.29%)
KASB Mod / Jan 19 KASB Modaraba(KASBM)	2.14 ▲ -0.14 (-6.14%)
Pak Gen.Ins. / Jan 19 The Pakistan General Insurance Co. Ltd.(PKGI)	4.67 ▲ -0.28 (-5.66%)

Stock	Volume
TRG Pak Ltd / Jan 19 TRG Pakistan Limited(TRG)	20,116,729 ▼ 0.00
WorldCall Telecom / Jan 19 Worldcall Telecom Limited(WTL)	18,767,000 ▼ 0.00
Telecard Limited / Jan 19 Telecard Limited(TELE)	16,343,000 ▼ 0.00
Cnergyico PK / Jan 19 Cnergyico PK Limited(CNERGY)	9,808,705 ▼ 0.00
Ghani Glo Hol / Jan 19 Ghani Global Holdings Limited(GGL)	6,497,000 ▼ 0.00
Hub Power Co. / Jan 19 The Hub Power Company Limited(HUBC)	5,915,755 ▼ 0.00
Hascol Petrol / Jan 19 Hascol Petroleum Limited(HASCOL)	5,569,000 ▼ 0.00
Avanceon Ltd / Jan 19 Avanceon Limited(AVN)	4,360,549 ▼ 0.00
Octopus Digital / Jan 19 Octopus Digital Limited(OCTOPUS)	4,114,500 ▼ 0.00
Al-Shaheer Corp / Jan 19 Al Shaheer Corporation Limited(ASC)	3,998,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 18	176.20
USD PKR Interbank Buying / Jan 18	176.10
USD to Japanese Yen / Jan 18	114.57
USD to Swiss Franc / Jan 18	0.92
Pound Sterling to USD / Jan 18	1.36
Euro to USD / Jan 18	1.13
UK LIBOR % / Jan 18	0.07

Stock	Volume
S&P 500 / Jan 18	4577.11
India Sensex / Jan 18	60754.86
Tokyo Nikkei / Jan 18	28257.25
Nasdaq / Jan 18	14506.11
Hang Seng / Jan 18	24112.78
FTSE 100 / Jan 18	7563.55
Dow Jones / Jan 18	35368.47
Germany DAX 30 / Jan 18	15772.56
France CAC40 / Jan 18	7133.83

Item	Value
Crude Oil / Jan 18	86.87
Karachi Cotton Assoc. / Jan 18	19180.00
Gold 10 Grams / Jan 18	108025.00
Gold Spot / Jan 18	1814.00
Cotton / Jan 18	121.08

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