India’s government has banned Tiktok, Wechat, and 57 other Chinese apps in seeming retaliation for border clashes in the Himalayas.
The Xiaomi M9 will feature Qualcomm’s latest processor Snapdragon 855 and comes with three cameras in the back.
Meizu shipped only 8 million units in 2018, ‘mainly due to lack of funds.’
Chinese companies, including Huawei, Oppo, and Xiaomi, are challenging the dominance of established phone manufacturing giants in overseas markets.
Xiaomi looks eager to accelerate its growth in the premier market, where most of its competitors have the upper hand.
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.
Competition is picking up as the smartphone market slows and companies launch new sub-brands.
The Chinese smartphone market is looking more diverse, reflecting the increasing needs and the various demands of consumers.
Xpeng Motors is priming for a public listing in New York where it could raise up to $1.1 billion from high-profile backers including Alibaba and Xiaomi.
Xiaomi shipped 6.9 million units in the third quarter of 2018, well ahead of its competitors.