The news comes as the Shanghai Stock Exchange began accepting IPO applications for its new tech board.
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Posted inHeavy Hitters
Briefing: Xiaomi to announce its ‘best-looking’ flagship Mi 9
The Xiaomi M9 will feature Qualcomm’s latest processor Snapdragon 855 and comes with three cameras in the back.
Posted inHeavy Hitters
Briefing: Xiaomi seeks growth in Europe, to triple stores in 2019
Chinese companies, including Huawei, Oppo, and Xiaomi, are challenging the dominance of established phone manufacturing giants in overseas markets.
Posted inTurf Wars
Briefing: Xiaomi rumored to release foldable smartphone
Xiaomi looks eager to accelerate its growth in the premier market, where most of its competitors have the upper hand.
Posted inTurf Wars
Transsion brushes off risk from domestic rivals looking to expand overseas
Transsion held 48.7% of Africa’s mobile phone market and 34.3% of its smartphone market in 2018, as well as 6.7% of India’s mobile phone market.
Posted inHeavy Hitters
Xiaomi has sold 1 million units of Redmi handsets after spin-off
Competition is picking up as the smartphone market slows and companies launch new sub-brands.
Posted inTurf Wars
Briefing: Xiaomi overtakes Apple as top seller of wearable devices
Xiaomi shipped 6.9 million units in the third quarter of 2018, well ahead of its competitors.
Posted inTurf Wars
Briefing: Xiaomi demands that Lyft stop renting out its scooters
Xiaomi demanded that Lyft put a halt to using its electric scooters.
Posted inTurf Wars
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.
Posted inTurf Wars
Smartphone manufacturer Oppo develops 10x zoom for smartphone cameras
The 10x lossless zoom technology is likely to be integrated into Oppo’s upcoming F19 flagship smartphone.
