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Xiaomi shipped 190.3 million smartphones globally in 2021

Chinese smartphone maker Xiaomi released Q4 and 2021 earnings on Tuesday. Xiaomi smartphone shipments hit a new record, growing 30% year-over-year to 190.3 million units globally. Xiaomi’s 2021 revenue up 33.5% in a year to RMB 328.3 billion ($51.49 billion), while gross profit grew 58.5% to RMB 58.26 billion. The company earned RMB 85.58 billion in revenue in Q4 with a 29.4% quarterly growth. In addition, the company’s Internet of Things (IoT) and lifestyle products have also seen a 26.1% yearly increase. [Xiaomi press release]

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Xiaomi joins up with Shell to sell accessories in Indian fuel stations

Xiaomi India will partner with Shell to sell Xiaomi products at Shell gas stations, according to a release from Xiaomi India. The stations will sell Xiaomi accessories like smart bands, earbuds, and beard trimmers. Shell has more than 283 fuel stations in India. Xiaomi accounts for a 21% share of the Indian smartphone market, shipping 9.3 million units in Q4 2021, according to Canalys. [CRN India]

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Oppo, Vivo, and Xiaomi to cut smartphone orders by 20%

Three major Chinese phone manufacturers, Oppo, Vivo, and Xiaomi, informed their suppliers that their order volume from July will be 20% less than expected, Nikkei Asia reported on Wednesday. The report cites sources who said that Xiaomi initially planned to ship 200 million smartphone units in 2022, but the company has since cut that number to 160-180 million. Vivo and Oppo reportedly informed suppliers that orders for the second and third quarters of 2022 will be 20% lower than expected. As the Shanghai lockdown continues, the report states that disrupted supply chains and weakened demand are considerations for supply reduction.

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Xiaomi to open new fully automated smart factory in 2023

Lei Jun, CEO of major Chinese phone maker Xiaomi, stated on Wednesday that the company’s second smart factory will begin production in late 2023. A representative from the consumer electronics firm told TechNode that the firm began building the fully automated factory in Beijing’s suburban Changping district last July. Covering 58,300 square meters, the new factory is expected to have an annual output of 10 million smartphones, with an estimated production value of $60 billion. Xiaomi’s first smart factory is also located on the outskirts of Beijing, in Yizhuang, and began operating in 2019. [Xiaomi statement, in Chinese]

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Xiaomi backs company developing microchips for in-car video transmission

Xiaomi has invested in AI Micron, a Shanghai-based semiconductor company that focuses on designing microchips specifically for in-car video transmission. It’s the latest bet by the smartphone giant on the country’s smart electric vehicle sector. The five-year-old chip developer has raised its registered capital by 13.3% to RMB 1.84 million ($291,600), with Hubei Xiaomi Changjiang Industrial Investment Fund, an investment firm formed by Xiaomi, being added as a shareholder, according to corporate data site Tianyancha. AI Micron is also backed by state-owned automaker BAIC. [PE Daily, in Chinese]

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OPPO, Vivo, and Xiaomi are phasing out 32-bit apps in their app stores

Intelligent Terminal Golden Seal Alliance (ITGSA), an alliance formed by Alibaba, Baidu, OPPO, Tencent, Vivo, and Xiaomi, announced on Thursday that it will push to drop support for 32-bit apps. The processing power of these apps is slower, older, and less secure, while newer 64-bit apps run faster and are the current mainstream choice for mobile devices. Beginning in April, Oppo, Vivo, and Xiaomi app stores will cease supporting all 32-bit apps, except for gaming apps. Google Play dropped 32-bit apps last year, while Apple began phasing out 32-bit apps with the launch of iOS 11 in 2017. [ITGSA]

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BYD reported to begin supplying EV batteries to Xiaomi and Nio

BYD is making a play for a bigger share of the electric vehicle (EV) battery market, as local media reported on March 25 that Nio is currently testing BYD’s lithium-ion batteries for use in its electric crossovers, citing people familiar with the matter. Smartphone maker Xiaomi also recently reached an agreement with Fudi Battery, a spin-off of BYD, to test and validate its first car with the automaker’s so-called blade batteries, which boast less risk of overheating than cobalt batteries, according to the report. The companies declined to comment on the report. [36Kr, in Chinese]

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India demands Xiaomi pay $88 million in import taxes

The finance ministry of India has demanded Xiaomi pay INR 6.53 ($88 million) in import taxes that the Chinese tech company allegedly owes. Xiaomi’s Indian arm has evaded customs duties by not adding some royalty and license fees into transaction values between Apr. 1, 2017 and Jun. 30, 2020, a statement from the Indian government claimed. The Beijing-based smartphone manufacturer said in a Wednesday response that it has yet to agree with the Indian authorities, adding that the issue is caused by a disagreement on the methodology used to determine the price for imported goods. [CNBC]

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India freezes Xiaomi’s local assets due to a suspected foreign exchange violation

India has accused Chinese consumer electronics company Xiaomi of violating the country’s foreign exchange laws and moved to freeze INR 55.51 billion ($730 million) worth of Xiaomi India’s assets on April 27, Caixin reported on Monday. India’s announcement stated that Xiaomi India has transferred INR 55.51 billion to three entities under royalty payments since 2015. The announcement notes that Xiaomi did not receive any service from these entities. Xiaomi released an announcement on its social media accounts on Monday, claiming that “all our operations are firmly compliant with local laws and regulations.”