Xiaomi posted its fastest pace of revenue growth in the third quarter since its 2018 listing but warned of a ‘supply chain shortage.’
In this episode, the guys are joined by regular guest Michael Norris to review some Q2 earnings highlights of Kuaishou, Tencent, and Xiaomi.
The buybacks of Xiaomi shares come during turmoil in Asian markets. The global smartphone market is expected to be severely hit by the coronavirus outbreak.
Elliott and James welcome IDC’s VP of Device Research Bryan Ma to the show to discuss strong performance from Xiaomi in a tough year.
Xiaomi is selling the idea that smartphones are necessary goods and idemand will bounce back after the pandemic is over.
Chinese tech giants typically focus on the consumer market. But their appetite for early stage investments in semiconductors is growing.
The company expressed optimism about the upcoming ‘5G era’ for its smartphone business.
Xiaomi is sharpening its focus on the fast-growing premium handset segment as the global smartphone market continues to decline
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.
Research firm IDC estimated in a report released April 30 that Xiaomi’s smartphone shipment volume for Q1 2019 fell 10.2% to 25.0 million units.