Xiaomi Financial News

Subscribe to enjoy similar stories.For more than a decade, Android tablets have lived in a strange limbo. They were declared dead when phones grew larger, dismissed as pandemic‑era stopgaps, and overshadowed by Apple’s iPad.

Subscribe to enjoy similar stories.NEW DELHI: Xiaomi once sold one in every four smartphones in India. By 2025, it had fallen out of the country’s top five brands.

Between US President Donald Trump’s war in west Asia and a chip shortage triggered by Nvidia’s focus on supplying artificial intelligence (AI) memory chips, India’s top three smartphone brands Vivo, Oppo and Samsung, as well as Realme, Xiaomi and Nothing have emerged as the first casualties in a once-thriving market—increasing smartphone prices by as much as 40% across their portfolios.The price hikes are significant: smartphones make for India’s single-largest electronics category, with sales of over $43 billion through 2025. Since the pandemic in 2021, India has struggled to revive its smartphone market due to a stagnation of new features and an increasingly saturated market.While companies so far managed single-digit revenue growth on the back of rising premium phone sales, the current market conditions come as a double whammy: consumers are putting phone purchases on the backburner due to rising prices of basic needs such as cooking gas even as the rise in prices does nothing to aid the ailing market.Vivo, Samsung and Oppo accounted for 47% of the 152 million smartphones sold in the country last year, according to data from market researcher International Data Corp.

Subscribe to enjoy similar stories. Facing soaring memory-chip prices, the world’s biggest electronics companies are staring at a list of unpalatable responses: charging consumers more, eating the costs or rejiggering product specs. Such is the supply-chain disruption wrought by the global drive into artificial intelligence, which requires fleets of data centers with servers needing gargantuan amounts of memory.

Subscribe to enjoy similar stories. My dearest Xiaomi SU7 Max, It’s been about a month since we were last together. Now, every time I climb back into my Ford Mustang Mach-E, I can’t stop thinking about you—your long range, your modular interior, your absurdly large infotainment screen.

, meanwhile, are looking for novel ways to connect with customers in the country’s uber-competitive market. People are flocking to factory tours hosted by EV maker NIO, dairy manufacturer Mengniu, brewer Tsingtao and others.Xiaomi, a top phone maker that launched its first EV in 2024, began offering its public tours after receiving requests from customers.

Subscribe to enjoy similar stories. The early 1990s were an exciting time for the field of communications. Sudhin Mathur had always been interested in innovations and real-world application as a student of mechanical engineering.

Subscribe to enjoy similar stories. New Delhi: Lava, the homegrown smartphone and accessories brand, is in talks with investors to raise up to ₹500 crore ($58 million) in the coming months before pursuing a public listing, a senior company executive said, as the company looks to ramp up its presence in the country. Sunil Raina, executive director at Lava International, did not disclose the valuation for its current funding effort but referred to an earlier attempt.

Subscribe to enjoy similar stories. The highly commoditized smartphone market in India rarely gets devices that stand out. Truth be told, it’s difficult to really call any smartphone ‘different’ in today’s market, but if they can get any different at all, the Xiaomi 15 Ultra is likely as far as it can get.

autonomous driving features. A Xiaomi SU7 sedan drove into a concrete guardrail on an expressway in eastern China late Saturday at a speed of around 60 mph, according to a post on Xiaomi's official social media account. On Tuesday, local media published reports about the collision and ensuing fire, which killed three college students, along with pictures of the charred remains of the vehicle. Xiaomi said the driver had deployed the company's Navigate On Autopilot, an assisted-driving feature, while going around 70 mph on the expressway. The car was traveling at that speed when it reached a roadblock, because a portion of the road was under repair with traffic diverted into a different lane.

Subscribe to enjoy similar stories. Good artists copy. Great artists steal.

Xiaomi Corp kicked off a share sale that may fetch as much as $5.3 billion, capitalising on a surge in the Chinese company's stock price to help raise funds to expand its electric-vehicle business. The Beijing-based company is offering 750 million shares at HK$52.80-54.60 apiece, according to terms of the deal. That's a discount of 4.2% to 7.4% versus the stock's last close in Hong Kong. Investor demand met the size of the offering by Monday evening, according to people familiar with the matter, who asked not to be identified because they're not authorised to speak publicly about the matter. The offering, which comes weeks after EV giant BYD Co's $5.6-billion fundraising, builds on what's shaping up to be a bumper year for share sales in Hong Kong. After years of slumping, the city's benchmark stock index is among the world's best performers this year, fuelling optimism for a rebound in deals in the Asian financial hub.

Subscribe to enjoy similar stories. Earlier this month at MWC Barcelona, which took place between 3 March and 6 March, the tech showcased was not just about new smartphone launches, announcements related to mobile communications, and artificial intelligence. The show's real star is actually the multitude of prototypes and concept devices on display.

Xiaomi Technology India is held up as of December-end as local authorities have attached a few of its bank accounts, its Chinese parent said, underlining that the smartphone maker is open to enter into settlement negotiations. The wholly owned unit of Xiaomi Corp has been facing investigations and notifications by multiple authorities since December 2021. These include the income tax department, Directorate of Revenue Intelligence, and Directorate of Enforcement. These are in relation to compliance of income tax, Customs duties and foreign exchange regulations. Xiaomi Corp in its 2024 earnings report said the cases in India are currently in the hearing stages and not yet concluded, adding that it can receive judgments or enter into settlements that may adversely affect operating results or cash flows.

iPhone SE released a few years ago, but won’t be enough to reverse a China slide, according to analyst firm IDC. The market tracker found sales of the iPhone 16e were 60% stronger in its opening three days versus the iPhone SE from 2022. But that won’t be enough to alter the forecast that Apple’s sales in China will decline about 2% overall this year. “The competition from Android will be even stronger, strengthened by the national China subsidies which will benefit Android significantly more than Apple,” said Nabila Popal, IDC senior director. The new $599 iPhone 16e replaces the $429 iPhone SE, making the challenge in China tougher when it comes to fending off budget Android alternatives. The device includes only one rear camera, limited base storage and insufficient AI features, making it a tougher sell in the region. The Chinese government has set aside 300 billion yuan (in excess of $41 billion) for subsidies to stimulate the consumer economy. Those extended to smartphones in recent months and have helped the likes of Xiaomi Corp. and Vivo expand their sales. Apple is working on bringing its Apple Intelligence suite to Chinese consumers as early as the middle of this year, Bloomberg News has reported. Still,Apple could make up for the sales weakness via other models in the region. “We need to keep in mind that these would likely still be only a small portion of Apple’s volumes given that many consumers in China place an emphasis on ‘face’ — not wanting to be seen as having a lower-priced iPhone,” IDC’s Bryan Ma said. Looking beyond China, he expects the 16e to make up as much as a fifth of iPhone sales in India in the second half of the year.

Subscribe to enjoy similar stories. Four years ago, Xiaomi was a successful smartphone business and its car business consisted of nothing more than a plan approved by the board and a vow by billionaire founder Lei Jun to make it work. This year, the company’s assembly lines are set to turn out 300,000 vehicles, and it has already shipped more than 135,000 in less than a year on the market.

Subscribe to enjoy similar stories. Delhi-based corporate professional, Subhajit Sengupta, snagged an Apple iPad last year in e-commerce platform Amazon’s early-season sale. Today, the 11-inch tablet is a permanent feature in Sengupta’s travel ensemble, who does not own a personal laptop any longer.

Dixon Technologies and Tata Electronics.

TikTok, accusing them of «unlawfully» sending Europeans' personal data to China.

Samsung’s flagship mobiles in 2024 centred around offering fresh, new AI-based features across photo editing, text generation, and interactive search while Apple’s latest iPhones came with Apple Intelligence, a spread of GenAI features being introduced in a staggered manner till mid-2025. For others, such as Xiaomi and Vivo, AI-based features were there in most recent launches.