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Samsung Electronic reclaimed its crown as the world’s biggest smartphone maker from Apple in the first quarter, cornering a fifth of overall global shipments. China’s Xiaomi rounded out the top three positions with its best quarterly performance ever as…
Smartphone giant Xiaomi has been awarded a temporary block for its ban over links with the Chinese military, citing the original move as «arbitrary and capricious». U.S. District Judge Rudolph Contreras issued a temporary halt to the ban, claiming that Xiaomi…
Xiaomi’s Mi 10 lineup is about to get bigger and even more confusing. The range currently comprises eight models: Mi 10 5G, Mi 10 Pro 5G, Mi 10 Ultra, Mi 10T 5G, Mi 10T Pro 5G, Mi 10 Lite 5G, Mi 10T Lite 5G, and Mi 10i 5G. The platform implies that at least…
Just five days before the official inauguration of President Joe Biden, the Trump administration is making a late push to ban more Chinese companies deemed risky, including smartphone maker Xiaomi and state-owned oil firm CNOOC. Xiaomi was one of nine firms…
China’s Xiaomi grabbed a 12 percent market share in the third quarter to surpass Vivo and become the third-largest smartphone brand in Vietnam. Xiaomi reported sales growth of 114 percent year-on-year despite Covid-19 impacts, Singaporean technology market…
The banker replaces Chew Show Zi, who will become president of Xiaomi’s international operations. Chinese consumer electronics company Xiaomi has hired Alain Lam as its new chief financial officer, according to people familiar with the matter. Lam was…
Chinese e-commerce giant JD and device manufacturer Xiaomi sold 10,000 units of a jointly-produced mobile phone within 11 minutes. The Redmi K30 5G Racing phone was developed by Xiaomi based on customer insights generated from big data provided by JD. Sales…
Last year, Xiaomi was the fourth-largest smartphone manufacturer in the world after shipping approximately 125.5 million units. The company has done an amazing job in India, the world’s second-largest smartphone market. That’s because Xiaomi produces handsets…
Hong Kong’s newly licensed virtual banks will look to delay their launches due to an ongoing coronavirus pandemic. Since the Hong Kong Monetary Authority issued eight virtual bank licenses last year and earmarked February this year for the final launches, the…
AirStar Bank has announced the launch of a pilot trial in Hong Kong, which will be conducted within the Hong Kong Monetary Authority’s Fintech Supervisory Sandbox. About 2,000 friends and families of the staff of Airstar, Xiaomi Hong Kong and AMTD Group will…
As Mainland China registered no new cases of coronavirus for the first day since the disease emerged late last year, Chinese tech retailer Xiaomi says it has reopened more than 1800 retail stores across the mainland. The company also says the majority of its…
Chinese smartphone brand Xiaomi shuttered its one and only UK Mi store last week in Westfield London after a mere 15 months of operations. In a statement, a spokesperson for Xiaomi said the adjustment to the company’s local retail strategy is a reaction to…
Chinese smartphone giant Xiaomi expands its footprint in India – its largest overseas market – with the launch of online lending services. The firm will connect users with financiers, offering quick access to loans of up to 100,000 rupees ($1,400), Xiaomi’s…
Xiaomi India has been recognized as the largest exclusive brand network in the territory. The finding was released in a study by retail and channel solution provider Channelplay, and coincides with the launch of the brand’s 2500th Mi Store in India. Xiaomi…
Xiaomi has the expected trimmings for a smartphone and device-maker: A retail channel for its products and internet services for its 300 million users. It’s also becoming a bank. «We are looking at the business we are doing in the non-financial sectors and…
Xiaomi has a good thing going with its Mi Band fitness tracker. IDC said that last year, the manufacturer shipped 23.3 million units of the Mi Band 3, up 44% over 2017’s deliveries. The device accounted for 13.5% of the wearables market in 2018 behind only…
