In the midst of growing scrutiny of Chinese companies in India, the court has refused to unfreeze USD 676 million worth of assets of Chinese smartphone company, Xiaomi Corp..…
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A look into India’s second crackdown on Chinese technology
India has begun its second wave of cracking down on Chinese-owned technology, citing investigations by India’s Enforcement Directorate into dubious economic policies of Chinese technology as the reaso…
Xiaomi and Leica Camera announce long-term strategic cooperation
On the 24th of May, Chinese consumer electronics giant, Xiaomi and Leica Camera, a company with a long history of innovative technology and German craftsmanship, announced their strategic partnership …
The rise of China’s smartphone brands
China is now home to some of the most successful smartphone brands.…
Xiaomi aims at 5,000 stores in India by the end of 2019
Xiaomi is looking to cement its status as India’s leading smartphone provider by opening thousands of stores before the end of 2019. …
Frenzy over e-scooters after Xiaomi’s store opening in NZ
The electric scooter craze has well and truly hit New Zealand.…
Xiaomi announce US$1 billion loan to help with overseas expansion
XIAOMI announced today they will obtain a loan of US$1 billion over three years to aid overseas expansion and the improvement of distribution channels.…
Xiaomi hits $1 billion revenue in the world’s fastest growing smartphone market
The Chinese company had a blockbuster 2016 in India, and its revenue crossed $1 billion, Xiaomi India’s head Manu Kumar Jain said Thursday.…
Xiaomi admits it doesn’t make money on smartphone hardware sales
Xiaomi is also focusing increasingly on other categories, including smart-home device sales, and, as suggested by Xiaomi global VP and former Android VP Barra, revenue driven by software and services.…
Xiaomi opens its first store outside greater China
The sunny island state of Singapore hosts the first Mi Home store to open outside of China, Hong Kong and Taiwan.…