Xiaomi Posts Another Strong Quarter
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President Lu Weibing shed more light on the company’s expansion plans after reporting a 31% rise in quarterly revenue, riding the successful launch of its second EV over the summer. Xiaomi has previously described ambitions to go global,
According to a report by CnEVPost, Xiaomi president Lu Weibing has revealed Europe as the first overseas market to receive the brand’s electric vehicles (EVs) in 2027. This was revealed during a recent earnings call,
A bigger piece of news after the close was that the Ministry of Industry and Information Technology (MIIT) held a symposium on competition in the solar industry, highlighting efforts to standardize competition and promote the orderly exit of outdated production capacity.
There will be an extra member in its flagship family. Up until now Xiaomi's flagship line comprised three devices - the vanilla, the Pro, and the
As per an InnoGyan report, the purported handset will feature a 6.3-inch screen. It is tipped to be backed by a 6,300mAh battery with an R-angle design and Lithium polymer composition. For optics, the compact Xiaomi 16 Pro may debut with a “powerful” imaging system comprising a large main sensor and a periscope telephoto camera at the back.
Qiming Venture Partners is slashing its new fund targeting Chinese AI and healthcare startups by a quarter to $600 million, in a sign of lingering caution among global investors about the country’s tech scene.
A rise in sales of smartphones, especially in Southeast Asia, helped to boost Xiaomi's second-quarter revenue by 30.5%, the smartphone and EV company said on Tuesday. Revenue for the quarter ended June 30 was 116 billion yuan ($16.
Xiaomi Corporation on Tuesday posted much stronger-than-expected profit for the second quarter as margin of its emerging electric vehicle (EV) business offset weakening smartphone unit. Credit:Xiaomi Auto Xiaomi shattered quarterly records of both the top and bottom line.
Xiaomi Corp (XIACF) reports a 30.5% revenue increase and strong performance across key segments, despite challenges in the smartphone market.