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 inHeavy Hitters
Xiaomi invests $1.5 billion in fully owned EV business
The world’s fourth-biggest phone maker Xiaomi now pledges to develop high-quality EVs with a ‘best-in-class’ connected device ecosystem.
Posted inThe Numbers
Xiaomi revenue growth accelerates on weaker Huawei
Xiaomi posted its fastest pace of revenue growth in the third quarter since its 2018 listing but warned of a ‘supply chain shortage.’
Posted inThe Numbers
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.
Posted inThe Numbers
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.
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 inHeavy Hitters
Xiaomi spins off Poco, its Indian smartphone brand
Xiaomi began implementing a multi-brand strategy in 2018 in a bid to target different user segments and drive growth.
Posted inViews
SILICON | What the new Arm v9 architecture means for China
Will Chinese companies be able to license Arm’s new v9 architecture for CPUs—and can they stay competitive without it?
Posted inHeavy Hitters
Huawei in talks to sell Honor phone business: report
Chinese smartphone maker Huawei is in negotiations with several Chinese electronics companies to sell parts of its Honor smartphone unit.
Posted inHeavy Hitters
INSIGHTS | Smartphone makers race to 5G amid the post-covid Covid slump
China’s dominant smartphone makers have suffered setbacks from Covid-19 and the US-China trade war. Is 5G the light at the end of the tunnel?
