Xiaomi Corp

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Xiaomi Corp. engages in the design, manufacture and sale of smartphone, hardware and software products. Its business covers power bank, audio, camera and lifestyle. Xiaomi doing business through three business segments-Hardware, E-commerce & New Retail and Internet services. Its products include power bank pro, headphones, in-ear headphones pro, bluetooth headset basic with dock, bluetooth speaker, sphere camera, home security camera, action camera, robot builder, electric scooter, bedside lamp, and body composition scale. The company was founded by Jun Lei, Bin Lin, Wan Qiang Li, Feng Hong, De Liu, Chuan Wang, and Jiang Ji Huang on March 3, 2010 and is headquartered in Beijing, China.

Xiaomi share price has rebounded recently as investors cheer the company's entry into the electric vehicle industry. The stock, which bottomed at H$11.86 in February, has rebounded by over 26% to the current H$14.95.

Xiaomi share price outlook: SU7 launch brings new risks

The launch fulfills the ambition of Xiaomi's founder, who announced the company's foray into EVs in 2021 and pledged to invest $10 billion in its auto business as "the last major entrepreneurship project" of his life.

Tesla faces new rival in China as smartphone maker Xiaomi unveils first electric car

Tesla

Tesla Inc (NASDAQ: TSLA) is in the red on Thursday after Xiaomi priced its first electric vehicle at far less than the Model 3. Dan Ives shares view on Tesla stock Its SU7 also trumps the Model 3 on over 90% of the specifications, as per Lei Jun – the chief executive of Xiaomi.

As Xiaomi releases its first EV, Tesla is in a ‘code red situation'

Xiaomi's highly anticipated electric vehicle (EV) will go on sale at a starting price of 215,900 yuan ($29,869.54), the Chinese smartphone company said as it announced the launch of its first car in the world's largest auto market.

Xiaomi's first EV to go on sale at starting price of 215,900 yuan

Chinese smartphone company Xiaomi said Thursday it will sell its first car for far less than Tesla's Model 3, as price wars heat up in China's fiercely competitive electric car market.

Xiaomi releases electric car $4k cheaper than Tesla's Model 3 as price wars heat up

China's Xiaomi will launch its highly anticipated electric vehicle (EV) on Thursday when it will reveal its pricing and start taking orders, marking the electronics company's entry into the world of automobiles.

Xiaomi set for plunge into EVs at a tricky time for China autos

OSLO, Norway--(BUSINESS WIRE)-- #AIVirtualProximitySensor--Elliptic Labs has signed a new license agreement with Xiaomi, the third-largest smartphone manufacturer in the world.

Elliptic Labs Signs Contract with Xiaomi for Several Smartphones

On Thursday, Xiaomi will officially launch the SU7, its first electric vehicle, and begin taking orders.

China's Xiaomi will price its Tesla EV rival under $69,400, CEO says ahead of Thursday launch

Xiaomi chief executive Lei Jun has hinted the technology firm's electric vehicle will be priced below 500,000 yuan (£54,899). The Chinese firm's Speed Ultra 7 will be the “best looking, easiest to drive and smartest car” priced below the figure, he said in a Weibo post, with official costs set to be unveiled as orders begin being taken later this week.

China's Xiaomi hints EV will be priced at top end of range

Apple

An app of Xiaomi's car has been launched on Apple's App Store in China- Reuters checks showed on Monday.

Xiaomi car app launched on Apple's App Store in China

Xiaomi Corporation (XIACF) Q4 2023 Earnings Call Transcript

Xiaomi posted a 51% rise in quarterly profit as higher smartphone sales after the pandemic offset expenses for its first electric car launching next week.

Xiaomi's Fourth-Quarter Profit Rose on Higher Smartphone Sales

Chinese smartphone maker Xiaomi reported a 10.9% rise in fourth-quarter revenue on Tuesday, boosted by strong smartphone sales in an industry showing signs of recovery.

China's Xiaomi Q4 2023 revenue rises 11%, beats estimates

Alphabet

Garmin

While the digital innovation space offers no shortage of upside opportunities, wearable technology stocks could offer a distinctly compelling prospect. We're not just talking about innovation for its own sake but rather one that has significant everyday practicality.

3 Smart Stocks to Buy as the Wearable Technology Market Expands

Apple pulled the plug on its electric vehicle project last month. Now, one of its biggest Chinese smartphone rivals is about to show it how it's done.

Apple spent 10 years trying to launch a car. China's Xiaomi just did it in 3.

Chinese electric vehicle (EV) stocks are rising this morning on news that their sector is expanding. Consumer electronics producer Xiaomi (OTCMKTS: XIACY ), the nation's fifth-largest smartphone maker, has announced that it will be launching a new EV on March 28.

Xiaomi Just Gave NIO Stock a Major Lift

Smartphone maker Xiaomi will begin deliveries of its first electric vehicle later this month, becoming the latest Chinese firm to dive into the highly competitive market. Xiaomi said in a Weibo post on Tuesday that its Speed Ultra 7 sedan would be released this month, with a launch scheduled on March 28.

Chinese smartphone maker Xiaomi latest to rival Tesla with new EV

Chinese smartphone company Xiaomi announced Tuesday it would formally launch its long-awaited electric car on March 28.

Xiaomi is set to launch its electric car on March 28

Xiaomi share price surged hard in Hong Kong as investors cheered the company's move into the electric vehicle (EV) industry. The stock jumped by over 10%, pushing it to H$15, its highest point since January 8th of this year.

Xiaomi SU7 EV is coming: will it succeed where Apple failed?

Chinese mobile-phone maker Xiaomi will launch its first electric vehicle this month, as EV makers battle for sales in the world's largest auto market.

Xiaomi Set to Launch First Electric Vehicle

China's Xiaomi said on Tuesday it will start deliveries of its first electric vehicle (EV) model SU7 on March 28.

China's Xiaomi says it will start deliveries of its first EV model on March 28

Xiaomi is putting a premium price on its first electric car because it already has about 20 million users in that segment, Group President Weibing Lu told CNBC.

Xiaomi bets big on its new electric vehicle — targets 20 million premium users

Chinese consumer electronics maker Xiaomi on Sunday launched for international markets its new AI-enhanced and photography-geared 14 Series smartphone, along with other wearable gadgets.

Xiaomi launches new photo-geared 14 Series smartphone

The Chinese electronics giant launched the Xiaomi 14 for global markets at Mobile World Congress in Barcelona, after debuting it this week in China.

China's Xiaomi launches high-end phone in Samsung challenge and debuts EV in Europe

China's Xiaomi has told New Delhi that smartphone component suppliers are wary about setting up operations in India amid heavy scrutiny of Chinese companies by the government, according to a letter and a source with direct knowledge of the matter.

News for Xiaomi Corp Stock (XIACY)