Xiaomi

In the past half-year, China has approved over 40 artificial intelligence (AI) models for public use, following the introduction of an approval process. What Happened: The recent surge in AI approvals is part of China’s strategy to rival U.S. AI development. In the latest wave,...

Chinese smartphone maker Xiaomi Corp (OTCPK: XIACF) revealed its first electric vehicle called the SU7 on Thursday and Bloomberg tech correspondent Mark Gurman couldn’t help but note the similarities between the vehicle and German automaker Porsche‘s models. What Happened: “...

Chinese tech giant Xiaomi Corp. (OTC:XIACF) unveiled its first electric vehicle, the SU7. The company plans to compete against industry frontrunners Tesla Inc. (NASDAQ:TSLA) and Porsche AG (OTC:POAHF) over the next two decades. What Happened: The SU7, also known as Speed Ultra, was launched on...

Chinese tech giant Xiaomi is making a bold move into the electric vehicle (EV) industry, with substantial investment in its first model. What Happened: Xiaomi’s CEO Lei Jun has announced high aspirations for the company’s first EV model, as per a CnEVPost report on Monday. The interview...

Xiaomi, a prominent player in the smartphone industry, is now making its grand entry into the electric vehicle (EV) market with the introduction of its first EV, the Xiaomi SU7, in China. The sedan is slated to begin mass production in Dec. 2023. What Happened: Xiaomi Corp. (OTCPK: XIACF) is in the...

Apple Inc. (NASDAQ:AAPL) has once again emerged as the most resilient smartphone maker in the world, reporting the slowest decline in iPhone shipments in the September 2023 quarter. What Happened: Apple reported a 9% decline in iPhone shipments in the September 2023 quarter, while the global...

Global smartphone shipments fell to the lowest level in two years in the second quarter of 2022, data from research firm Canalys showed. This followed a brief recovery the market experienced in 2021. The firm also expressed caution regarding second-half performance. Samsung Leads, But Market Share...

As Apple, Inc. (NASDAQ: AAPL) gears up to release its December quarter earnings scorecard, a data point released Wednesday increases confidence in a strong showing. Apple Back On Top: Apple has overtaken local player Vivo to become China's top smartphone vendor in the December quarter,...

Chinese designer and manufacturer of consumer electronics Xiaomi Corp (OTC: XIACF) says it will build a car plant in Beijing which will produce close to 300,000 vehicles annually.  The plant will be constructed for its electric vehicle unit. It will also build its auto unit'...

The competitive dynamics in the global wearable band market has changed in the second quarter, according to a new report from Canalys. Apple Toppled: China's Xiaomi Corp (OTC: XIACF) overtook Apple Inc (NASDAQ: AAPL) to become the top wearable band vendor in the second quarter,...

What Happened: Multinational electronics company Xiaomi Corp (OTCMKTS: XIACF) is open to expanding its financial services business to include cryptocurrency, but only after it is clear on the regulatory environment. Manu Kumar Jain, managing director of Xiaomi India, told the Economic Times...

The latest iteration of Samsung's Galaxy Z Flip is among the phones to watch for in 2021. Smartphone shipments, although witnessing slackness due to the COVID-19 pandemic, have recovered and are poised to end the year flat to slightly higher. Shipments are estimated to grow 4.4% in 2021,...

Electric vehicle pioneer Tesla Inc (NASDAQ: TSLA) might be getting more tough competition from the Chinese EV market. Nio Inc – ADR (NYSE: NIO) hit the U.S. markets back in September of 2018, and now Xpeng Motors is planning a U.S. listing, the South China Morning Post reported. What Is Xpeng...

Samsung Electronics Co. Ltd. (OTC: SSNLF) has promoted its youngest president Roh Tae-moon to lead the smartphone unit, Bloomberg reported on Monday. What Happened Roh is taking over the job from co-CEO Koh Dong-Jin, who will continue in his role as the conglomerate's overall IT and...

Chinese stocks have taken a big hit from the trade war, with the iShares FTSE/Xinhua China 25 Index (NYSE: FXI) down 13.8% in the past year. While Chinese investors are enduring a near-term dip in the stock market, Chinese brands are growing like wildfire on the international front. BrandZ recently...