Xiaomi
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Xiaomi has taken the smartphone world by storm. With an attractive line-up of cheap but jampacked with-specs phones. They seem like they will dethrone the big players, and maybe they already did. Samsung is facing its most brutal battle yet, and its scariest rival. Xiaomi is not here to participate in the mobile phone fight. […]
Smartphone maker Xiaomi Corp is eyeing an electric vehicle (EV) production tie-up with Beijing Automotive Group Co (BAIC), as it faces delays in acquiring a licence to make cars on its own, Bloomberg News reported on Friday. Such partnership among EV startups and traditional carmakers has become increasingly common in China, as state planners have […]
Some of you may have heard of this website. Wish.com is the go-to online marketplace tailored to meet shoppers’ needs from third-party sellers whenever they are browsing for that one piece they are itching to buy. It may be a piece of clothing you saw on Pinterest or any retail store, shoes, or even electronics, […]
China’s Xiaomi Corp posted a steep drop in second quarter revenue on Friday as the world’s biggest smartphone market shrank, hit by strict China COVID curbs and restrictions. Sales fell 20 percent year on year (YoY) to 70.17 billion yuan ($10.31 billion), missing estimates and marking a steeper decline from the previous quarter when the […]
Chinese smartphone giant Xiaomi Corp faces legal headaches in India as a federal financial crime-fighting agency and tax authorities investigate its business practices. Xiaomi denies wrongdoing. But it recently hit the headlines with accusations that its executives faced intimidation from Indian enforcement officials, drawing public rebuttals from the agency and words of support from China. […]
Chinese smartphone maker Xiaomi Corp has alleged its top executives faced threats of “physical violence” and coercion during questioning by India’s financial crime fighting agency, according to a court filing seen by Reuters. Officials from the Enforcement Directorate warned the company’s former India managing director, Manu Kumar Jain, current Chief Financial Officer Sameer B.S. Rao, […]
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