Xiaomi posted its fastest pace of revenue growth in the third quarter since its 2018 listing but warned of a ‘supply chain shortage.’
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VC Roundup: Chinese tech firms are betting on chips
Chinese tech giants typically focus on the consumer market. But their appetite for early stage investments in semiconductors is growing.
China made 6% of chips it used in 2020: report
China, the world’s largest semiconductor market, is highly reliant on foreign technology and aims to make 70% of the chips it uses by 2025.
OnePlus leads Huawei, Xiaomi in online exposure as ‘global-first’ strategy pays off
OnePlus 7 tends to get more attention on Wikipedia, and higher reviews from tech websites readers, a study s comparing Huawei P30, Xiaomi Mi 9and Oneplus 7 shows.
Xiaomi buys back 6 million shares as stock prices fall
Xiaomi’s share price slumped around 20% in the days preceding the expiry of the company’s six-month lockup period.
China shipments for Apple’s iPhone fall 35% in November: report
iPhone sales are in the second month of double-digit decline in China.
Chinese smartphone sales down 6% in first half: report
High market penetration rates and a slowing economy are weighing on growth.
Huawei is the lone winner as China handset sales plunge in Q1
The coronavirus outbreak has accelerated a downward trend in smartphone sales, though Huawei managed to notch modest annual growth in the quarter.
China’s handset sales rebound in March but Covid-19 effect may linger
Total handset sales in China surged by 241% in March compared with February but more than one third of Chinese consumers have delayed new phone purchases.
Huawei remains the world’s second largest smartphone maker
Huawei’s global shipments for 2018 third quarter hit 52 million, putting it behind Samsung.