The world’s fourth-biggest phone maker Xiaomi now pledges to develop high-quality EVs with a ‘best-in-class’ connected device ecosystem.
Xiaomi posted its fastest pace of revenue growth in the third quarter since its 2018 listing but warned of a ‘supply chain shortage.’
Xiaomi began implementing a multi-brand strategy in 2018 in a bid to target different user segments and drive growth.
The handset maker joins Huawei in setting up a subsidiary in Tampere, where Nokia is also located.
Huawei is losing its status as a smartphone powerhouse in 2021, with a smartphone shipment forecast putting it in seventh place among global vendors.
Chinese smartphone maker Huawei is in negotiations with several Chinese electronics companies to sell parts of its Honor smartphone unit.
China’s dominant smartphone makers have suffered setbacks from Covid-19 and the US-China trade war. Is 5G the light at the end of the tunnel?
Xiaomi will hold 25% of the new chipmaking subsidiary, with the balance to be held by company employees.
With Huawei increasingly cut off from the America-driven tech world, it’s betting on the new Harmony OS to build a new mobile ecosystem.
The Xiaomi M9 will feature Qualcomm’s latest processor Snapdragon 855 and comes with three cameras in the back.