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.

Chinese smartphone maker Xiaomi Corp (OTC: XIACF) (OTC: XIACY) has formally registered its electric vehicle unit, which it says has entered a “substantial development phase,” CNBC reported on Wednesday. What Happened: The subsidiary is named Xiaomi EV Inc and was registered with a capital of RMB 10 billion ($1.55 billion).

Smartphone-Maker Xiaomi Set To Rival Tesla, Nio As It Officially Registers EV Business

Chinese smartphone giant Xiaomi Corp said on Wednesday it has completed the official business registration of its electric vehicle unit, marking the latest milestone in its push into the automotive sector.

China's Xiaomi completes business registration of electric vehicle unit

The name of the subsidiary is Xiaomi EV, Inc. and it has been set up with previously announced registered capital of 10 billion yuan ($1.55 billion).

Xiaomi officially registers its electric vehicle business and says it has 300 staff

Xiaomi's electric and autonomous vehicle ambitions will pit it against China's other technology giants in what is becoming an increasingly crowded space

Xiaomi acquires autonomous driving firm as it looks to boost nascent electric vehicle business

Xiaomi Corporation (XIACF) on Q2 2021 Results - Earnings Call Transcript

Xiaomi reported a second-quarter net income of $1.28 billion on revenue of $13.56 billion following the Chinese technology giant's strong surge in smartphone market share globally. During the quarter that ended in June, Xiaomi said it saw a 64% year-on-year growth in revenue, and its net income surged over 80% from the same time a […]

Xiaomi reports record 64% revenue growth, acquires Deepmotion for $77.3 million

Xiaomi Corp posted second-quarter revenue of 87.8 billion yuan on Wednesday, up 64% year on year and above analyst expectations, as the company grew its market share in the global smartphone market.

Xiaomi second quarter revenue surges 64% year on year as phone sales rise

What Happened: Multinational electronics company Xiaomi Corp (OTC: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 that the company's financial services business would only venture into crypto after gaining a better understanding of how to be compliant with local laws in India.

Xiaomi Wants Regulatory Clarity Before Venturing Into Crypto In India

Embattled Chinese property developer Evergrande Group is in talks with smartphone maker Xiaomi and Shenzhen state-backed investment firms as it looks to sell part of a 65% stake in its electric vehicle (EV) unit, three sources said.

Exclusive-China Evergrande in talks with Xiaomi consortium to sell EV unit stake-sources

Take your profits on AAPL and SSNLF. Use the cash proceeds to buy more XIACF OR XIACY. Xiaomi is number one in total smartphone shipments. It also leads in 5G smartphones.

Fast-Growing $100 Billion Robotics Industry Is A Catalyst For Xiaomi

BEIJING, Aug. 11, 2021 /PRNewswire/ -- Global technology leader Xiaomi announced today that Mi 360° Home Security Camera obtained the Kitemark™ Certification for Residential IoT Devices from British Standard Institution (BSI), the business improvement and standards company. Additionally, Xiaomi Home app obtained the Kitemark™ Certification for Secure Digital Applications.

Mi 360° Home Security Camera and Xiaomi Home app gain BSI Kitemark™ for Residential IoT Devices and Secure Digital Apps

Sales for China's smartphone Xiaomi escalated 26 percent, effectively booting Samsung and Apple out of their top spots, according to media reports. The sales for Xiaomi marked the first time a Chinese smartphone vendor climbed to the top of the list, per data from Counterpoint Research.

Apple, Samsung Booted From Smartphone Lead As China's Xiaomi Soars

It's been a tumultuous couple of years for the smartphone industry. In addition to the typical market competition among smartphone manufacturers attempting to lure new customers with better features and/or lower prices, the supply chain issues caused by the Covid-19 pandemic have also impacted production and sales.

Can Xiaomi Keep its New Spot as World's Top Smartphone Supplier?

Xiaomi's sales grew 26% on-month, giving the company a 17.1% share of the total number of smartphones sold globally in June, Counterpoint Research said.

China's Xiaomi overtook Samsung and Apple in June smartphones sales

The smartphone is one of the most used devices in the world, and many people can no longer do without this device. Thanks to its countless features, this technology enables people to perform many activities such as communicating, working, applying for jobs, recording videos, taking pictures, playing virtual games, trading on the stock market, making digital payments, and much more.

Smartphone Manufacturer Xiaomi to Benefit From Strong Demand Growth

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Despite the recent weakness arising from regulatory headwinds, these Chinese stocks deserve consideration for long-term portfolios. The post 4 Chinese Stocks to Buy While Everyone Else Is Selling appeared first on InvestorPlace.

4 Chinese Stocks to Buy While Everyone Else Is Selling

Xiaomi's stock has shot up +121.14% since my May 21, 2020 buy rating. I am still endorsing it as a buy.

Xiaomi Is Outfoxing Apple And Samsung

Smart-home device company Wyze Labs is suing Chinese consumer electronics giant Xiaomi and robot vacuum maker Roborock in U.

Wyze sues Xiaomi and Roborock to invalidate robotic vacuum patent and save its Amazon listing

Global shipments of smartphones increased by 12% in the past quarter, with Samsung still on top.

Xiaomi overtakes Apple as the world's No. 2 smartphone-maker

Chinese electronics firm Xiaomi has overtaken Apple as the number two global smartphone maker in a sizzling market with consumers emerging from lockdowns, a new survey showed.

Xiaomi grabs number two spot in surging smartphone market: survey

Beijing-based Xiaomi shipped more smartphones worldwide than Apple during the second quarter of this year — edging past Apple for the first time, according to a report.

Chinese company Xiaomi now sells more smartphones than Apple

Xiaomi has surpassed Apple to become the world's second biggest smartphone maker for the first time ever, according to market research firm Canalys.

Xiaomi has Samsung in its sights after overtaking Apple in smartphone sales

Samsung still tops the list, accounting for nearly one in five global smartphone shipments in Q2, Canalys said.

Xiaomi has overtaken Apple as the world's second-biggest smartphone seller. Here's how the major players rank.

Xiaomi had a 17% share of global smartphone shipments, ahead of Apple's 14% and behind Samsung's 19%, according to Canalys.

China's Xiaomi overtakes Apple for the first time in the global smartphone market

Chinese smartphone maker Xiaomi Corp overtook Apple Inc in the second quarter to become the world's No. 2 smartphone maker, market research firm Canalys said in a report on Thursday.

News for Xiaomi Corp Stock (XIACY)