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Topic

Xiaomi Corp

Xiaomi’s revenue slides

Xiaomi’s revenue slides

Published 27 Mar, 2023 06:15am
SHANGHAI: Chinese smartphone maker Xiaomi Corp on Friday reported a record drop in fourth-quarter revenue as the...

‘New India’

Published 10 May, 2022 05:10am
That India under the BJP/RSS combine has completely changed is a fact. It has changed for the worst. While India...
Xiaomi revenue surges 55pc in Q1, fills market gap left by Huawei

Xiaomi revenue surges 55pc in Q1, fills market gap left by Huawei

Published 26 May, 2021 08:42pm
  • Revenue rose to 76.88 billion yuan ($12 billion) in the quarter ended March 31, from 49.70 billion yuan a year earlier. Analysts expected revenue of 74.5 billion yen, according to Refinitiv data.
  • Adjusted net profit rose to 6.1 billion yuan, versus market estimates of 3.97 billion yuan.
Xiaomi surpasses Apple in Europe due to Impressive Growth

Xiaomi surpasses Apple in Europe due to Impressive Growth

Updated 08 May, 2021 05:37pm
  • 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.
Chinese smartphone maker Xiaomi to invest $10bn in new EV unit over 10 years

Chinese smartphone maker Xiaomi to invest $10bn in new EV unit over 10 years

Published 30 Mar, 2021 08:41pm
  • At a livestreamed event held on Tuesday, Xiaomi CEO Lei Jun, who will also head the smart EV unit, said the division will be the "last major entrepreneurial project" in his life.
  • The firm will initially invest 10 billion yuan ($1.52 billion) in the unit, with a total investment goal of $10 billion over the next ten years, it said in a filing published earlier on the Hong Kong stock exchange.
Chinese smartphone maker Xiaomi to make EVs using Great Wall's plant

Chinese smartphone maker Xiaomi to make EVs using Great Wall's plant

Published 26 Mar, 2021 05:23pm
  • Xiaomi becomes latest tech firm to join smart mobility race.
  • To aim its EVs at mass market – sources.
  • To launch its first EV around 2023 – source.
  • Great Wall's engineering consultancy to speed project – source.
  • Great Wall says has not discussed such a partnership with Xiaomi.
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