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Planning to go public late this year, Chinese smartphone maker Xiaomi Corp is said to be seeking a valuation of up to US$200 billion. Based in Beijing, the electronics and software company prefers Hong Kong over New York for its listing mainly because Hong…
Xiaomi has officially opened its first Mi Store Vietnam, 10 months after entering the market. The authorised store is located in Ho Chi Minh City’s Crescent Mall and is operated in partnership between Xiaomi and local company DigiWorld. The partnership was…
“We are optimistic about our performance in 2018. We entered Thailand about four months ago, so it is still an early stage, but we have already mapped up an ambitious plan for the Thai market in the year ahead, including expanding sales to more retail…
Xiaomi Malaysia has opened its second retail store, offering Kuala Lumpur shoppers greater access to its Mi Ecosystem products. Originally the Chinese electronics company had sold its smartphones and other products exclusively online, but in its home…
Xiaomi Malaysia has opened its second retail store, offering Kuala Lumpur shoppers greater access to its Mi Ecosystem products. Originally the Chinese electronics company had sold its smartphones and other products exclusively online, but in its home…
Xiaomi has announced plans to set up a permanent business entity in Indonesia. Indonesia is pushing for foreign firms that have internet-based services there to set up local companies for the purpose of tax compliance. Speaking at the Xiaomi Way of Innovation…
Xiaomi Thailand has become the latest international beachhead for the Chinese smartphone maker, which has already established a presence in Vietnam, Russia and Mexico. In Thailand, Xiaomi is partnering with IT distributor VST ECS, which is handling…
Chinese company Xiaomi plans to unveil its new flagship Xiaomi Mi Note 3 at a special event on September 12. CEO of Xiaomi lei Jun has decided to stir interest in the upcoming event. On his page on the social network Weibo, he posted the picture taken by the…
Xiami announced today they will obtain a loan of US$1 billion over three years to aid overseas expansion and the improvement of distribution channels. It signed a syndicated loan agreement for US$1 billion over the next three years, with 18 banks including…
Chinese smartphone and electronics products maker Xiaomi opened its second Hong Kong flagship store in the Hang Lung Centre, Causeway Bay. With an area of over 3,000 square feet, Xiaomi’s new Hong Kong flagship store has eight floors. The store provides…
Xiaomi and Nokia have signed new a multi-year business collaboration and a patent cross-licensing agreement covering each vendor’s cellular standard-essential patents. As part of the transaction, fast-growing Chinese handset vendor Xiaomi has also purchased…
Xiaomi was once heralded as the internet phone king of China after it took the centre stage in selling its smartphones in China. That has however seen a decline due to the influx of other phone makers into the online channel. The likes of OPPO and Vivo have…
Chinese technology giant Xiaomi, best known for making smartphones and once hailed as an iPhone slayer, has decided the key to breaking the Indian market lies in a rather different product: the air purifier. “We have studied the demands of Indian customers,…
Xiaomi chairman and CEO Jun Lei is a sales man to the core – he even tries to market the $1 pen that his company sells as he winds up an interview. The company, which crossed $1 billion revenue in India last year and managed to grab the second spot behind…
Duan Yongping is convinced Tim Cook didn’t have a clue who he was when they first met a couple years ago. The Apple boss probably does now. Duan is the reclusive billionaire who founded Oppo and Vivo, the twin smartphone brands that dealt the world’s largest…
Chinese smartphone brand Xiaomi has launched in Vietnam. The official distribution partner of Xiaomi Vietnam is Digiworld, which has opened four warranty centres in Ho Chi Minh City, Hanoi and Danang. Xiaomi Vietnam will initially launch its three latest…
