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5G (and the rest) need to deliver real benefits, real soon
The news that just one company, Xiaomi, is to invest 50 billion yuan ($7 billion) in an undefined mixture of 5G, AI and IoT is obviously good news. Read more…
Xiaomi
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Xiaomi to invest $7 billion in 5G, AI and IoT over next 5 years
Chinese smartphone maker Xiaomi will invest more than 50 billion yuan ($7.18 billion) in artificial intelligence (AI) and fifth generation internet technologies. Read more…
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Xiaomi launches online lending service in India
Chinese smartphone maker Xiaomi Corp has launched its online lending service in India, one of the world’s biggest web services markets. Read more…
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China’s Xiaomi shedding budget brand image in India
China’s Xiaomi Corp is shedding its image as a budget brand by widening its India product portfolio to include pricier, high-spec smartphones. Read more…
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Xiaomi announces share buy back to boost slumping stock
Xiaomi announced a HK$12 billion ($1.53 billion) share buyback plan, that is aimed at boosting its floundering stock. Read more…
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Xiaomi scraps its mainland China share offering plan
Chinese smartphone maker Xiaomi Corp said on Friday it had scrapped a mainland share offering plan. Read more…
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Xiaomi has sights on semiconductor success, ramps efforts
Xiaomi has taken a stake of 6% in chip designer VeriSilicon Holdings, as the smartphone maker revamps its years-long pursuit success in semiconductors Read more…
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After months of hype, Xiaomi IPO fizzles on valuation fears
HONG KONG (Reuters) – Xiaomi made a weak debut in Hong Kong on Monday, with the Chinese smartphone maker’s shares sliding as much as 6% on valuation concerns, in an ominous sign for its technology Read more…
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Xiaomi postpones mainland China listing until after HK IPO
HONG KONG (Reuters) – Chinese smartphone maker Xiaomi said on Saturday there is no time frame for a mainland share offering, casting doubt on Beijing’s efforts to lure foreign-listed Chinese tech giants back home. Xiaomi Read more…
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Xiaomi loses $1.1 billion in one quarter – IPO still sexy
HONG KONG (Reuters) – Chinese smartphone maker Xiaomi booked a quarterly net loss of $1.1 billion, but also record overseas revenue and surging smartphone shipments ahead of its blockbuster initial public offering next month. Expectations Read more…