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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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.
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.’
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.
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.
Xiaomi opens camera tech research unit in Finland
The handset maker joins Huawei in setting up a subsidiary in Tampere, where Nokia is also located.
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.
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.
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.
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.