Xiaomi’s smart speakers have been awakened 8 billion times by users to activate around 100 million devices.
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Huawei firmly stands as world’s 2nd smartphone manufacturer, Xiaomi 4th despite losses
China’s leading smartphone manufacturer and communication giant Huawei stands firmly as the world’s second largest in terms of global smartphone shipment volume and market share in the second quarter of this year, International Data Corporation (IDC) said yesterday. Samsung remains as the leader with Apple placing itself in the third place. Huawei overtook Apple in […]
New Xiaomi figures ahead of IPO: Phone sales soar 88% and a RMB 7 bn loss in Q1
Xiaomi’s draft prospectus for the sale of China Depositary Receipts on the Shanghai stock index published by Chinese regulators today revealed a net loss of RMB 7 billion in the first quarter of 2018 against smartphone sales soaring 87.8%. On the same day, six new Chinese unicorn funds were launched by asset managers to help […]