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Xiaomi Vietnam, a distributor of consumer electronics under the Chinese brand Xiaomi, has been penalized with a fine of VND290 million (US$11,000) for breaches of consumer protection laws, especially involving the use of personal data for marketing purposes.…
Xiaomi Corp., a leading Chinese tech firm known for smartphones and electric vehicles, announced a 43% decrease in net profit in the first quarter of 2022. A variety of factors such as increased memory and other component costs, domestic competition, and…
Xiaomi has positioned itself as a dominant player in Southeast Asia’s smartphone market, capturing 19% market share, bolstered by impressive sales of its Redmi series and a robust expansion into direct-to-consumer and operator channels. The findings from…
Retail giants across Asia are diving deep into the realm of experiential shopping, and the recent emergence of live-streaming commerce is reshaping the retail landscape. As consumer preferences evolve, companies are jostling to innovate and offer a more…
China’s Xiaomi 1810.HK will focus on boosting its India sales from retail outlets after years of big bets on e-commerce, its India president said, as the company seeks to revive smartphone sales after falling behind South Korea’s Samsung 005930.KS. E-commerce…
Xiaomi Corp is reviewing its India strategy after misjudging consumer tastes for mobile phones. This costly mistake allowed Samsung Electronics to lead the Chinese company to the top spot in the world’s second-largest market for these devices. While Xiaomi…
China’s Xiaomi said on Thursday it had imposed a 1 million yuan ($149,000) penalty on a supplier after it leaked early design drafts of an upcoming car model. On its official Weibo page, a spokesperson wrote Xiaomi had “dealt seriously” with a Beijing-based…
Worldwide, most people have an Android phone in their hands. According to Statcounter, Android has a 71.3% global share of the smartphone pie this month compared to 71.1% for the same month a year ago. And while more than one billion Android phones were…
Two Chinese manufacturers Huawei and Xiaomi led Vietnam’s smart wearables market in the second quarter with a combined market share of 36.5%. Huawei rose to the first place and replaced Samsung with a 18.5% share, followed by Xiaomi, 18%, according to…
Apple, Samsung and Xiaomi have moved their assembly lines out of China to Vietnam, as they seek to reduce dependence on the country. The country offers manufacturers access to the 10-member Association of Southeast Asian Nations (ASEAN) free trade bloc and…
Xiaomi has delivered the first batch of its made-in-Vietnam smartphones, the Chinese electronic giant announced Monday. Its smartphones are made in Vietnam by DBG Technology, a subsidiary of Hong Kong’s DBG Electronics Investment Limited, at a factory in…
Xiaomi’s CEO Lei Jun has revealed that the world’s third-largest smartphone maker is ahead of schedule for making its foray into the automotive sector and will start mass-producing its EVs in the first half of 2024. These comments were made at an investor…
Chinese smartphone giant Xiaomi Corp said on Wednesday it has completed the official business registration of its electric vehicle unit, marking the latest milestone in its push into the automotive sector. The new unit, to be called Xiaomi EV Inc, opened with…
Back in 2011 Xiaomi launched the Mi 1 in China, and thus entered the increasingly competitive smartphone market, eventually overtaking goliaths such as Apple and Samsung, at least according to some research agencies. The successful Chinese phone maker is…
Some trends in the tech world just don’t want to fade away, and one of those is the endless desire to curve screen edges. It all started with the Galaxy Note Edge in 2014, but it wasn’t until the Samsung Galaxy S6 Edge that the trend gained popularity. With…
Xiaomi and the U.S. government have come to an agreement to remove the Chinese smartphone giant from a blacklist of military-linked companies. The U.S. Defense Department agreed in a final order to remove the «Communist Chinese Military Company» designation…
