Trends - Xiaomi - Business Recorder

Xiaomi

India tax authority froze $478 million of Xiaomi funds in February: sources, document

NEW DELHI: Indian tax officials froze $478 million worth of deposits lying in local bank accounts of China's Xiaomi...

Updated 12 May, 2022 06:52pm

Markets

India seizes $725 million in Xiaomi assets over illegal remittances

NEW DELHI: India said on Saturday it had seized $725 million from the local bank accounts of China's Xiaomi Corp...

Published 30 Apr, 2022 04:54pm

Technology

Xiaomi inaugurates smartphone manufacturing facility in Pakistan

Chinese smartphone manufacturer Xiaomi Technology has inaugurated its manufacturing facility in Pakistan with Air...

Published 04 Mar, 2022 04:18pm

Technology

Pakistan's Air Link to soon start Xiaomi smartphone production

Pakistan's Air Link Communication Limited on Monday announced that it is all set to commence production of Xiaomi...

Published 28 Feb, 2022 01:32pm

Technology

Tech firms flock to Spain trade show in shadow of Russia war

BARCELONA: One of the technology industry's biggest annual get-togethers is set to kick off in the Spanish city of...

Published 28 Feb, 2022 10:49am

Technology

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 24	278.59
USD PKR Interbank Buying / Apr 24	278.39
USD to Japanese Yen / Apr 24	155.21
USD to Swiss Franc / Apr 24	0.91
Pound Sterling to USD / Apr 24	1.25
Euro to USD / Apr 24	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
India Sensex / Apr 24	73852.94
Tokyo Nikkei / Apr 24	38460.08
Nasdaq / Apr 24	15712.75
Hang Seng / Apr 24	17201.27
FTSE 100 / Apr 24	8040.38
Dow Jones / Apr 24	38460.92
Germany DAX 30 / Apr 24	18088.70

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 24	82.83
Gold Spot USD/Ounce / Apr 24	2318.17
Cotton US¢/pound / Apr 24	81.01
Petrol/Litre / Apr 25	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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