Xiaomi will hold 25% of the new chipmaking subsidiary, with the balance to be held by company employees.
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Geely reportedly in talks to acquire Alibaba-backed smartphone maker Meizu
The move comes against the backdrop of China’s big tech firms pushing to develop vehicles with smart cabin systems and autonomous driving technologies.
Xiaomi staff in uproar over Mi Store management issues
A disgruntled worker posted scathing criticism on Mi Store Nanjing’s official Weibo.
Briefing: Xiaomi puts younger executives in leadership positions
For Chinese tech firms, the company culture has been more about the personal identity of the CEO.
Xiaomi sets eyes on rural India, plans to open 5000 Mi Stores by the end of 2019
Xiaomi has set up 500 Mi Stores in rural parts of the country.
ZTE releases new smartphone with under-display camera
Chinese smartphone maker ZTE launched Axon 40 Ultra on Monday, the third generation of a smartphone that features an under-display camera.
After Huami, another Xiaomi partner IPOs within one year
Much like with Huami, one concern for the market is Viomi’s dependence on Xiaomi.
Huawei’s new venture capital firm highlights aim to create an ecosystem
Huawei has shifted its focus to consumer businesses, and needs to catch up in building out a supportive ecosystem.
Briefing: Finance ministry accuses Xiaomi, Suning of tax evasion
MOF highlights accounting problems among internet companies, pointing to a possible a tightening taxation policy.
China Tech Investor 20: Xiaomi’s Q4 earnings and China’s new tech board with Jacky Wong
Wall Street Journal’s Jacky Wong discusses China’s new technology board and the implications for investors, companies and China’s capital markets.