With the new 12S series, Xiaomi has hoped to compete with rivals by offering high-end smartphones at a competitive price.
Autonomous driving technologies are the most crucial part of intelligent and electric vehicles, president Wang said.
Chinese smartphone maker Xiaomi released the new Redmi Note phones on Tuesday, marking a further move into higher-end markets for the brand.
Xiaomi has hired Yu Liguo, a former senior executive at state-owned automaker BAIC Motor, to lead its autonomous electric vehicle project.
The world’s fourth-biggest phone maker Xiaomi now pledges to develop high-quality EVs with a ‘best-in-class’ connected device ecosystem.
Ninebot is expected to become the first foreign-registered company with a variable-interest entity structure to list on a stock exchange in Mainland China.
The move comes against the backdrop of China’s big tech firms pushing to develop vehicles with smart cabin systems and autonomous driving technologies.
Chinese smartphone maker ZTE launched Axon 40 Ultra on Monday, the third generation of a smartphone that features an under-display camera.
SoundAI provides critical voice interaction tech for many of China’s leading smart speaker players.
Qualcomm and MediaTek plan to cut another 30% in 5G chip orders due to a decline in orders from Chinese phone makers.