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xiaomi headquarters in Beijing
Posted inTurf Wars

Xiaomi shares plunge after US investment ban

by Wei Sheng Jan 15, 2021Jan 16, 2021

US investors will be prohibited from buying Xiaomi shares and will have to divest their holdings by November, according to the executive order.

electric vehicles xiaomi baidu china self-driving smartphone huawei
Posted inHeavy Hitters

Xiaomi invests $1.5 billion in fully owned EV business

by Jill Shen Mar 31, 2021Mar 31, 2021

The world’s fourth-biggest phone maker Xiaomi now pledges to develop high-quality EVs with a ‘best-in-class’ connected device ecosystem.

xiaomi smartphone huawei 5G
Posted inThe Numbers

Xiaomi revenue growth accelerates on weaker Huawei

by Wei Sheng Nov 25, 2020Nov 25, 2020

Xiaomi posted its fastest pace of revenue growth in the third quarter since its 2018 listing but warned of a ‘supply chain shortage.’

China tech investor, GSX,
Posted inHeavy Hitters

Xiaomi spins off Poco, its Indian smartphone brand

by Wei Sheng Jan 19, 2020Mar 17, 2020

Xiaomi began implementing a multi-brand strategy in 2018 in a bid to target different user segments and drive growth.

AI artificial intelligence chips training Enflame Tencent AI semiconductors
Posted inThe Numbers

VC Roundup: Chinese tech firms are betting on chips

by Wei Sheng Jan 28, 2021Feb 24, 2021

Chinese tech giants typically focus on the consumer market. But their appetite for early stage investments in semiconductors is growing.

Posted inHeavy Hitters

Xiaomi opens camera tech research unit in Finland

by Rachel Zhang Jul 15, 2019Jul 15, 2019

The handset maker joins Huawei in setting up a subsidiary in Tampere, where Nokia is also located.

handset huawei apple xiaomi covid-19 coronavirus samsung
Posted inTurf Wars

Huawei to fall to seventh place in 2021 global handset rankings: report

by Wei Sheng Jan 6, 2021Jan 6, 2021

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 smartphone 5G telecom handsets
Posted inHeavy Hitters

Huawei in talks to sell Honor phone business: report

by Wei Sheng Oct 15, 2020Oct 15, 2020

Chinese smartphone maker Huawei is in negotiations with several Chinese electronics companies to sell parts of its Honor smartphone unit.

China tech investor, GSX,
Posted inTurf Wars

China’s smartphone giants team up to challenge Google Play: report

by Wei Sheng Feb 7, 2020Mar 17, 2020

Huawei, Xiaomi, Oppo, and Vivo are reportedly collaborating on an app platform for overseas markets, potentially competing with Google’s Play store.

v9 architecture chips semiconductor SMIC
Posted inThe Numbers

China made 6% of chips it used in 2020: report

by Wei Sheng Feb 19, 2021Feb 19, 2021

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.

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