Xiaomi, ev and smartphone
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Record-high revenue from Xiaomi’s Internet-of-Things business and robust EV sales offset slightly lower smartphone revenue.
President Lu Weibing shed more light on the company’s expansion plans after reporting a 31% rise in quarterly revenue, riding the successful launch of its second EV over the summer. Xiaomi has previously described ambitions to go global,
Executives for Xiaomi Automobile have confirmed plans to (eventually) start selling its EVs in new overseas markets, including Europe.
There will be an extra member in its flagship family. Up until now Xiaomi's flagship line comprised three devices - the vanilla, the Pro, and the
The Redmi Note 15 Pro series launches August 21 with an IP69K rating, Snapdragon 7s Gen 4, 50MP cameras, and a 7,000mAh battery.
A bigger piece of news after the close was that the Ministry of Industry and Information Technology (MIIT) held a symposium on competition in the solar industry, highlighting efforts to standardize competition and promote the orderly exit of outdated production capacity.
Qiming Venture Partners is slashing its new fund targeting Chinese AI and healthcare startups by a quarter to $600 million, in a sign of lingering caution among global investors about the country’s tech scene.
A new Chinese carmaking behemoth is planning an all out global offensive. Xiaomi, which is best known for making smartphones but now also makes electric cars, is now planning on selling its vehicles in Europe by 2027,
Between July 12 and July 27, the 2025 Global Xiaomi POP Run was held across Singapore, Malaysia, and Vietnam, attracting over 4,200 enthusiastic runners. The
Xiaomi struggles with severe production bottlenecks, and yet it wants to expand to other markets, starting with the European Union in 2027