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Xiaomi Inc News

19 Feb 2016

China's Xiaomi to use smartphone chips designed in-house

China`s most valuable start-up Xiaomi Inc is aiming to use smartphone processor chips designed in-house in some of its lower-priced handsets in the second half of this year, a source with direct knowledge of the matter told Reuters.

15 Jan 2016

China's Xiaomi misses 2015 handset shipment target as competition bites

Smartphone maker Xiaomi Inc said on Friday it had shipped more than 70 million handsets in 2015, undershooting its own target and casting doubts about the growth prospects of China`s most valuable tech startup in a cut-throat market.

22 Sep 2015

Xiaomi Mi 4c with Snapdragon 808 launched

China's leading handset-maker Xioami on Tuesday launched the all new Mi 4c with Snapdragon 808 in Beijing.

22 Sep 2015

Xiaomi announces telecom carrier service, new flagship handset

Xiaomi Inc, China`s leading smartphone maker, announced on Tuesday two prepaid wireless plans to mark its debut as a mobile virtual network operator (MVNO) competing against China`s national carriers.

China smartphone

14 Jul 2015

Xiaomi success inspires every man and his dog to make smartphones in China

The call of the world`s biggest smartphone market is proving irresistible for entrepreneurs in China, where even purveyors of concrete mixers, refrigerators and rock music are mimicking local trailblazer Xiaomi Inc with their own handsets.

02 Jul 2015

Xiaomi's H1 handset sales put full-year target in doubt

Xiaomi Inc on Thursday said it sold 34.7 million smartphones in the first six months of 2015, casting doubt on the ability of China`s most valuable tech startup to achieve its full-year target.

12 May 2015

Xiaomi enters money market fray with Huoqi Bao service

Chinese smartphone maker Xiaomi Inc waded into China`s red hot online finance arena on Monday with a new money market fund to compete against the likes of tech rivals Alibaba Group Holding and Tencent Holdings.

Samsung Electronics

29 Apr 2015

Samsung Electronics tips better second quarter, though cautious on outlook

Samsung Electronics Co Ltd on Wednesday tipped further earnings improvement in the second quarter after confirming its highest profit in three quarters in January-March, but voiced some caution about the second-half outlook.

23 Jan 2015

Analyst-turned-fund manager basks in Xiaomi glow

Richard Ji, whose little-known fund was the biggest investor in leading Chinese smartphone maker Xiaomi Inc`s $1.1 billion fundraising last month, is a numbers man looking to spot `category killers` - start-ups with the power to disrupt.

Mark Zuckerberg

13 Jan 2015

Facebook, Xiaomi discussed possible investment in the Chinese smartphone maker

Mark Zuckerberg and Xiaomi Inc CEO Lei Jun discussed a potential investment by Facebook in China`s top smartphone maker ahead of its $1.1 billion fundraising last month, but a deal never materialised, several people with knowledge of the matter told Reuters.

Huawei Technologies Co

24 Dec 2014

Huawei's smartphone sales shoot up after copying Xiaomi's online strategy

China`s Huawei Technologies Co Ltd has taken sales of its low-price Honor brand of smartphones to 20 million from 1 million in just one year, hitting pay dirt with the disruptive online-only strategy it copied from smaller upstart Xiaomi Inc.

02 Nov 2014

Xiaomi continues to reign supreme in Chinese market

Chinese smartphone manufacturer Xiaomi continued to dominate the country's smart phone market as two of the company's models topped the sales charts in the third quarter.

30 Oct 2014

Xiaomi moves into third place in global smartphone war

China`s Xiaomi Inc has become the world`s third-largest smartphone vendor just three years after first hitting the market, trailing only Samsung Electronics Co Ltd and Apple Inc, according to a new industry study.

24 Sep 2014

Taiwan government investigates Xiaomi on potential cyber security concerns

Some Xiaomi phones automatically send user data to the firm`s servers in Beijing, where the company is headquartered.

01 Aug 2014

Xiaomi now world's fifth largest smartphone maker

Xiaomi edged out Korean giant LG to claim the fifth spot.

31 Jul 2014

Xiaomi's star rises as Chinese handset makers gnaw at Samsung's share: Report

Xiaomi Inc has become the world`s No.5 smartphone maker by market share.

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