Xiaomi will hold 25% of the new chipmaking subsidiary, with the balance to be held by company employees.
A disgruntled worker posted scathing criticism on Mi Store Nanjing’s official Weibo.
For Chinese tech firms, the company culture has been more about the personal identity of the CEO.
Xiaomi has set up 500 Mi Stores in rural parts of the country.
Huawei has shifted its focus to consumer businesses, and needs to catch up in building out a supportive ecosystem.
Much like with Huami, one concern for the market is Viomi’s dependence on Xiaomi.
MOF highlights accounting problems among internet companies, pointing to a possible a tightening taxation policy.
Wall Street Journal’s Jacky Wong discusses China’s new technology board and the implications for investors, companies and China’s capital markets.
Everyone wants to go back to the “China dream” as soon as possible, but the new normal still includes temperature checks.
SoundAI provides critical voice interaction tech for many of China’s leading smart speaker players.