US investors will be prohibited from buying Xiaomi shares and will have to divest their holdings by November, according to the executive order.
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Posted inTurf Wars
Huawei to fall to seventh place in 2021 global handset rankings: report
Huawei is losing its status as a smartphone powerhouse in 2021, with a smartphone shipment forecast putting it in seventh place among global vendors.
Posted inTurf Wars
Xiaomi to launch in Japan in 2020 amid ongoing global push
Overseas sales topped 40% of revenue for the company in the second quarter.
Posted inTurf Wars
China’s smartphone giants team up to challenge Google Play: report
Huawei, Xiaomi, Oppo, and Vivo are reportedly collaborating on an app platform for overseas markets, potentially competing with Google’s Play store.
Posted inHeavy Hitters
Xiaomi launches new TV and treadmill as it advances AIoT push
Xiaomi seeks to gain ground in the battle for consumer living rooms with its artificial intelligence of things (AIoT) initiative.
Posted inHeavy Hitters
Huawei widens lead in China smartphone market after US ban: report
Chinese consumers rallied to support one of their country’s tech behemoths.
Posted inHeavy Hitters
Briefing: Xiaomi to announce its ‘best-looking’ flagship Mi 9
The Xiaomi M9 will feature Qualcomm’s latest processor Snapdragon 855 and comes with three cameras in the back.
Posted inHeavy Hitters
Xiaomi has sold 1 million units of Redmi handsets after spin-off
Competition is picking up as the smartphone market slows and companies launch new sub-brands.
Posted inTurf Wars
Baidu surpasses Google in global smart speaker sales: report
The gadget’s popularity in Chinese households have propelled domestic tech companies to top global rankings.
Posted inThe Numbers
Chinese market drives strong Apple results despite trade tensions
China has been a problem for the US giant as domestic players have eaten into the iPhone’s market share.
