Overseas sales topped 40% of revenue for the company in the second quarter.
Tech companies are scrambling to replicate their consumer market successes in the industrial IoT sector, and quickly forge out new revenue streams.
A potentially closed ‘ecosystem’-type market is still anyone’s game.
Xiaomi seeks to gain ground in the battle for consumer living rooms with its artificial intelligence of things (AIoT) initiative.
Chinese consumers rallied to support one of their country’s tech behemoths.
Mi Pay allows users to make payment via multiple options such as UPI, credit cards, debit cards, and internet banking.
It’s a latecomer to the short video scene, where Bytedance and BAT are already wrestling for user attention spans.
Sluggish growth at home is pushing Chinese smartphone brands to look to Africa for growth.
Meizu shipped only 8 million units in 2018, ‘mainly due to lack of funds.’
The news comes as the Shanghai Stock Exchange began accepting IPO applications for its new tech board.