Xiaomi Financial News

Chinese stocks ended slightly lower on Tuesday, as sentiment remained muted between optimism over improved manufacturing activity data and hopes for more stimulus measures. Hong Kong stocks rose, led by energy and technology shares. Xiaomi was under the spotlight, with its shares surging as much as 16%, as the electronics maker's sporty electric vehicle launched last week drew strong interest. ** At the close, the Shanghai Composite index was down 0.08% at 3,074.96, while Hong Kong's main Hang Seng index was up 2.36% ** The blue-chip CSI300 index was down 0.42%, with its financial sector sub-index lower by 0.34%, the consumer staples sector down 0.65%, the real estate index down 3.48% and the healthcare sub-index down 1.28%.

Shares of China's Xiaomi surged as much as 16% on Tuesday after the maker of smartphones and other consumer electronics last week launched a sporty electric vehicle whose design has been likened to Porsche's Taycan and Panamera sports car models. Xiaomi shares touched their highest since January 2022 on the first day of trading after the Easter holiday break and the first since it launched its first-ever vehicle.

BEIJING — Shares of Chinese smartphone maker Xiaomi surged 15% when the Hong Kong market opened Tuesday, the first trading day since the company launched its SU7 electric car ahead of the Easter holiday.

₹500 crore, aims to promote the purchase of electric two-wheelers (e2W) and three-wheelers (e3W) across the country. Also Read | How green energy makes us vulnerable to cyberattack The EMPS scheme aims to support 3,72,215 electric vehicles across the country, including e2W and e3W vehicles.

Xiaomi and Realme are cracking down on scalper retailers looking to make a quick buck by selling devices cheaper on online platforms as the companies bet big on the offline channel to boost growth in the world's second-largest smartphone market. After complaints from retailer associations, brands including Xiaomi and Realme are repurchasing stocks selling at lower prices to trace back the retailer and distributor and penalise them, according to correspondence between the two parties ET has seen. For now, brands are letting retailers go with a warning, making them sign an undertaking that prohibits them from selling their products outside the authorised channels to avoid higher liquidation damage and loss of business. ET has seen multiple instances of such undertakings signed by retailers in Jammu, West Bengal, Haryana and Tamil Nadu, among others.

HyperOS update in the second quarter of this year, including many budget devices, the Redmi 13C series and older devices like the Xiaomi Pad 5. Xiaomi 11 Ultra Xiaomi 11T Pro Mi 11X Xiaomi 11I HyperCharge Xiaomi 11 Lite Xiaomi 11i Mi 10 Xiaomi Pad 5 Redmi K50i Redmi 13C series Redmi 12 Redmi 11 Prime 5G Redmi Note 11 Series Xiaomi 13 Pro Xiaomi Pad 6 Redmi 12 5G Redmi 12C Redmi 11 Prime Redmi Pad Xiaomi 12 Pro Redmi Note 12 5G Redmi Note 12 Pro 5G Redmi Note 12 Pro+ 5G Redmi Note 13 5G Redmi Note 13 Pro 5G Redmi Note 13 Pro+ 5G HyperOS is Xiaomi's attempt to create a unified interface that can be used across a range of the company's smart devices.

With the launch of a much-hyped and against-the-odds electric car, Lei Jun, Xiaomi's co-founder and CEO, is taking on Elon Musk with a strategy that takes a page from Tesla's playbook. Lei, 54, took the stage in Beijing on Thursday to unveil Xiaomi's SU7 car, a project three years in the making that has attracted a lot of attention but which, Lei has warned investors, will lose money.

BEIJING — Chinese telecommunications company Huawei said Friday its net profit for 2023 more than doubled thanks to better product offerings.

BEIJING — Chinese smartphone company Xiaomi said Thursday it will sell its first car for far less than Tesla's Model 3, as price wars heat up in China's fiercely competitive electric car market.

Xiaomi, a maker of smart consumer electronics in China, is joining the country’s booming but crowded market for electric cars with a sporty high-tech sedan

₹24.90 lakh), the Xiaomi SU7 undercuts the Tesla Model 3 in China. The company has announced that deliveries of the SU7 will commence this month, with the EV already on display in various showrooms across China, generating considerable interest among potential buyers. The SU7, short for 'Speed Ultra,' comes in four variants: an entry-level version, a Pro variant, a Max version, and a limited Founders Edition.

Shriram Finance to replace UPL in Nifty50 from Mar 28 · UP: Varanasi Court to hear Gyanvapi plea on Mar 28 · Maharashtra: Remaining candidates of Mahayuti alliance to be declared on Mar 28 · Maharashtra: Dismantling Of Sion Road Over Bridge to commence Mar 28 · Nagaland: ENPO to conduct an emergency meeting on Mar 28 · Maharashtra: BCCI to conduct women's red-ball tournament in Pune from Mar 28 · Karnataka: Suryakumar Yadav's fitness test at National Cricket Academy Mar 28 · Xiaomi's electric car will launch in China on Mar 28 · Alia Bhatt to host her first charity gala in London Mar 28 · Bhutan King to visit Kurigram in Bangladesh on Mar 28Milestone Alert! Livemint tops charts as the fastest growing news website in the world

Xiaomi's CEO said on Monday his goal for the firm's first electric vehicle was that it would be the «best looking, easiest to drive and smartest car» priced below 500,000 yuan ($69,424), as the Chinese electronics maker gears up for orders this week. The company will on Thursday evening announce its official price range and start taking orders for the car, dubbed the SU7, with the SU short for Speed Ultra. CEO Lei Jun's comments, made on his official Weibo account, mark the first time the company has confirmed the upper end of its price range. Anticipation for the car has been building up since Xiaomi unveiled the vehicle in December and announced it aimed to become one of the world's top five automakers. Lei has touted it as having technology capable of delivering acceleration better than Tesla cars and Porsche's EVs.

By Yelin Mo and Brenda Goh

Chinese handset brands operating in India are facing a tough balancing act amid continued geopolitical tensions between New Delhi and Beijing. While the Indian government is nudging these brands to add local executives in top decision-making leadership roles, many are apprehensive to come on board due to the limelight and scrutiny that comes along with the job in a Chinese company. Officials aware of the details told ET that the government is hopeful that Chinese brands will soon hire local talent for key leadership roles in their Indian operations, like what they did for distribution and marketing.

₹2,000 discount on Flipkart, making it even more attractive for users looking to buy a phone in the sub- ₹20,000 price range. The Poco X6 5G was launched at a price of ₹18,999 for the 8GB RAM/256GB storage variant and ₹21,999 for the 12GB RAM/256GB storage variant. The smartphone is available in Mirror Black and Snowstorm White colourways.

Additionally, the larger screen size allows for a more comprehensive sound system, creating a home theater setup that rivals the audio quality of a cinema. Whether you're binge-watching your favorite series or enjoying the latest blockbuster, a 55-inch TV can elevate your home entertainment to new heights.

BEIJING — Chinese smartphone company Xiaomi announced Tuesday it would formally launch its long-awaited electric car on March 28.

Also Read: Demand for Indian bonds skyrockets in recent months – 5 key reasons why The CSI 300 Index of mainland shares has gained about 13% since a five-year low reached Feb. 2. The Hang Seng Tech gauge advanced more than 4% on Tuesday, with Xiaomi Corp.

₹25,000 price segment. The Nord CE 4 launch comes months after OnePlus launched its flagship OnePlus 12 series smartphones in the country.

₹65,000, making it cheaper than the recently launched Xiaomi 14, OnePlus 12 and Samsung Galaxy S24. Also Read | iOS 17.4 update: Apple introduces transcripts for Apple Podcasts app. Here's how the new feature works The latest price drop comes during Flipkart's Big Upgrade Sale, where a range of Apple devices are attractively priced.