Correction: An earlier version of this story’s headline implied that the expected sales are to come from Xiaomi’s first-party hardware. The expected sales are to come from third-party companies that Xiaomi has invested in. Lei Jun, CEO of Chinese smart device maker Xiaomi, is known for making ambitious predictions. This year is no different: At […]
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Analyse Asia Podcast: Xiaomi (Part 2/2) – The Future Of Xiaomi
http://content.blubrry.com/analyseasia/Episode_130__The_Future_of_Xiaomi_with_Eva_Xiao.mp3 Eva Xiao from TechNode continued our discussion on Xiaomi, focusing on what kind of company Xiaomi truly is, and the current challenges they are facing to justify their US$45B valuation. We discussed the company’s recent failures to hit their 100 million smartphones target, their loss of smartphone market share, their failure to expand aggressively […]
Xiaomi Launches Mobile Payment Service Mi Pay
Mi Pay, the long-awaited mobile payment service from Xiaomi, will be available for all Xiaomi users from tomorrow (September 1st). Xiaomi registered a payment service company as early as in 2013, but only in January this year did the company obtain an official license by acquiring a controlling stake in local online payment services company Ruifutong. Like Apple […]
Xiaomi Has Revealed Their VR Headset
China is obsessed with VR, and Xiaomi is not about to be left behind. The hardware giant revealed their first VR product on Thursday: a smartphone-enabled headset called Mi VR. True to Xiaomi style, the gadget is ridiculously cheap at 1 yuan a piece (about $0.20), but before you go scrounging through your spare change jar, […]
Xiaomi Is Trying to Undercut Roomba With Their Own Cleaning Robot
Xiaomi unveiled its Mi Robot Vacuum, the latest addition to its smart home product line, as the company continues to drift further away from its core smartphone business toward a diversified internet hardware ecosystem. True to Xiaomi’s style, the vacuum’s design takes a minimalist approach to buttons and screens, and true to the style of most […]
Analyse Asia Podcast: Xiaomi Part (1/2) – Team, History, And Products
http://media.blubrry.com/analyseasia/content.blubrry.com/analyseasia/Episode_129__Xiaomi_-_Team_History_Products_with_Eva_Xiao.mp3 Eva Xiao from TechNode joined us in a two part episode on one of China’s top unicorns: Xiaomi. We traced the history of the company starting from the founders of the company, most notably Lei Jun and Bin Lin, and how they managed to bring in top talent such as Hugo Barra into the […]
Xiaomi Launches Electric Mosquito Repellent Device
Last month, Xiaomi CEO Lei Jun set out an ambitious three-year roadmap for the company which involved transforming the company into a variety store of “about 40 kinds of electronic products.” It appears the internet giant has come one product closer to that goal with the release of a USB electric mosquito repellent device. The gadget is […]
Is Xiaomi Pivoting Away From Smartphones?
Xiaomi CEO Lei Jun wanted to make one thing clear when he spoke at the Summer Davos event in Tianjin on Monday: “Xiaomi was never meant to be just a smartphone vendor.” The company, which rocketed to fame through mega-sales of budget smartphones, is now stepping back from its revenue-driving product, amid a stagnating smartphone market and […]
Xiaomi Tests Out Online Banking
It’s no secret that Chinese smartphone vendor Xiaomi has bigger plans than just making smart hardware, and an important part of its ambition is online finance, a business that has become an absolute must for almost all Chinese internet giants. As a further move towards the goal, Xiaomi invested 885 million RMB ($115 million USD) in […]
Xiaomi Unveils A MacBook Air – No, Sorry, It’s A Mi Notebook Air
Xiaomi has revealed their first laptop. Like the mobile handsets that rocketed the brand to cult status, it’s cheap, simple and looks a hell of a lot like an Apple. The Mi Notebook Air (yes – Air), makes no secret of which consumers they are looking to target, those with not enough coin to buy a […]