Xpeng’s hefty haul comes against a macro-industrial backdrop of falling sales after subsidies for electric vehicles were cut.
The company expressed optimism about the upcoming ‘5G era’ for its smartphone business.
Xiaomi is sharpening its focus on the fast-growing premium handset segment as the global smartphone market continues to decline
It took Xiaomi nine years to grow from a startup to one of the world’s largest corporations by revenue.
Cao Qiang previously served a similar role at GOME Finance.
A storied five-year bet between the Xiaomi chairman and Gree Electric chairwoman Dong Mingzhu is due.
OnePlus 7 tends to get more attention on Wikipedia, and higher reviews from tech websites readers, a study s comparing Huawei P30, Xiaomi Mi 9and Oneplus 7 shows.
Xiaomi’s latest move is widely seen as an effort to expand into logistics.
Xiaomi will hold 25% of the new chipmaking subsidiary, with the balance to be held by company employees.
Xiaomi seeks to gain ground in the battle for consumer living rooms with its artificial intelligence of things (AIoT) initiative.