The company’s products are generally cheaper than its rivals,’ leading to its success in developing markets.
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Posted inHeavy Hitters
Briefing: Xiaomi apologize for misleading phone sale in UK
The company will have to work extra hard to overcome their negative first impression in the UK.
Posted inHeavy Hitters
Briefing: Xiaomi to open Mi Store in London
Trade tensions with the US are pushing more Chinese companies to explore European markets.
Posted inHeavy Hitters
Briefing: Meitu partners with Xiaomi as its selfie phone business flags
Meitu will hand over much of its phone operations to Xiaomi.
Posted inHeavy Hitters
Briefing: Xiaomi to undergo internal restructuring
This is the first internal shake-up after Xiaomi’s initial public offering in July.
Posted inHeavy Hitters
Briefing: Xiaomi will launch Mix 3 phone in Beijing’s Forbidden City
Xiaomi partners with Beijing’s Palace Museum to launch its 5G phone.
Posted inHeavy Hitters
Briefing: Xiaomi rumored to be pushing Beijing staff towards second-tier cities
Those who move will reportedly receive a RMB 30,000 bonus and other perks.
Posted inHeavy Hitters
Xiaomi shares drops below IPO price again
小米再度破发 “翻倍”将成泡影？ – 上海证券报 What happened: Shares of Chinese smartphone maker Xiaomi dropped below HK$16.8 issue price during an intraday trade on August 2. Xiaomi went public in Hong Kong on July 9, and its shares jumped below the issue price on the IPO day. Lei Jun, CEO of the company, once promised investors who bought […]
Posted inHeavy Hitters
Xiaomi shares slide more than 40% since its peak
Xiaomi sold 6 million units of its Mi 8 since June but even that hasn’t stopped its shares from sliding.
Posted inHeavy Hitters
Briefing: Xiaomi unveils new smartphone model, expects shipments to hit 100 million by the end of October
The new MIX 3 is Xiaomi’s most expensive and advanced model so far.
