Xiaomi beat quarterly profit estimates as it dominated the fast-growing Indian market
5 years, 9 months ago

Xiaomi beat quarterly profit estimates as it dominated the fast-growing Indian market

Firstpost  

Xiaomi is cutting its dependence on China, where the economy in 2018 expanded the least in 30 years. Chinese smartphone maker Xiaomi Corp beat quarterly profit estimates as it dominated the fast-growing Indian market and sold more expensive handsets in Western Europe, but shares slid as revenue fell short of expectations. Revenue for the quarter surged 27 percent to 44.4 billion yuan but fell short of expectations of 47.4 billion yuan, according to Refinitiv data. Smartphone revenue in the period rose 7 percent to 25 billion yuan and almost a third of that came from phones that cost nearly $300, Xiaomi said. For the full 2018 calendar year, Xiaomi brought in revenue of 174.9 billion yuan and made a net profit of 8.6 billion yuan.

China Xiaomi Revenue Billion Quarter Yuan  profit  fastgrowing  xiaomi  china  beat  dominated  estimates  quarter  yuan  market  quarterly  nearly  billion  indian  revenue

History of this topic

China’s Xiaomi, Huawei leave Apple, Samsung in the dust as global smartphone market recovers
1 day, 15 hours ago

China’s Xiaomi, Huawei leave Apple, Samsung in the dust as global smartphone market recovers

Firstpost  

While Apple and Samsung both saw slight declines in shipments, Xiaomi experienced a notable 15.4 per cent growth in its shipments. This growth is attributed to the brand’s aggressive push into mid-range and budget segments Apple maintained its lead in global market share in 2024, holding 18.7 per cent of the market, closely followed by Samsung at 18 per cent. …

Xiaomi's stocks jumped a record 103%, latest push powered by its latest EV ventures
1 month ago

Xiaomi's stocks jumped a record 103%, latest push powered by its latest EV ventures

Firstpost  

The company’s rapid success in the EV market mirrors its meteoric rise in the smartphone industry. Now, the company’s EV business is following a similar trajectory China’s EV market, the largest globally, is expected to see sales surpass 11 million units this year. From smartphones to EVs: A winning formula The company’s rapid success in the EV market mirrors its …

Xiaomi surges demand to raise EV delivery goals once again: Report
1 month, 4 weeks ago

Xiaomi surges demand to raise EV delivery goals once again: Report

India TV News  

Xiaomi has raised its electric vehicle delivery target for the third time this year, now aiming for 130,000 units. In October they grew by 56.7 per cent from the prior year, marking the fourth consecutive month battery-powered autos including plug-ins outsold gasoline cars in the country. AUTO BUSINESS STILL OPERATING AT A LOSS Revenue was 92.5 billion yuan for the …

Huawei sees first-half earnings surge on smartphone renaissance
4 months, 2 weeks ago

Huawei sees first-half earnings surge on smartphone renaissance

The Hindu  

Chinese tech giant Huawei reported hefty jumps in first-half revenue and net profit on Thursday, with smartphone sales robust and its smart car components business also doing well despite U.S. sanctions. Huawei did not give an earnings breakdown for individual units, but a spokesperson said its mainstay consumer business, which includes smartphones and PCs, as well as its smart car …

Huawei’s profit more than doubles in 2023, sales up 9.6% as cloud and digital businesses grow
9 months, 2 weeks ago

Huawei’s profit more than doubles in 2023, sales up 9.6% as cloud and digital businesses grow

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Chinese telecoms gear company Huawei …

Huawei’s profit more than doubles in 2023, sales up 9.6% as cloud and digital businesses grow
9 months, 2 weeks ago

Huawei’s profit more than doubles in 2023, sales up 9.6% as cloud and digital businesses grow

Associated Press  

HONG KONG — Chinese telecoms gear company Huawei Technologies has reported its profit more than doubled last year as its cloud and digital businesses thrived in spite of U.S. sanctions. Huawei’s rotating chairman Ken Hu said the company’s figures were in line with forecasts. Huawei, one of China’s first global tech brands, has been caught up in China-U.S. tensions over …

Push towards premium is a journey, and we’ll persist: Xiaomi’s Muralikrishnan B
10 months, 3 weeks ago

Push towards premium is a journey, and we’ll persist: Xiaomi’s Muralikrishnan B

Hindustan Times  

After successive tough few quarters that saw Xiaomi lose significant chunk of their market share, Muralikrishnan B, president of Xiaomi India, decided in July 2023 that it was time for a no-compromise approach towards reconstructing the tech company’s India business. Xiaomi India president Muralikrishnan B “At the beginning of 2023, is when we realised a few things haven’t gone as …

Apple China sales lag overshadows quarterly profit, revenue beats
11 months, 1 week ago

Apple China sales lag overshadows quarterly profit, revenue beats

Live Mint  

Apple on Thursday reported China sales that missed Wall Street targets, overshadowing overall sales and profit that beat analysts' targets, powered by iPhone growth. Wall Street had been targeting just under $96 billion in sales, a small year-over-year rise, according to LSEG data, compared with Apple's forecast of roughly $90 billion, which is $5 billion below last year's figure. Apple …

Value of Apple sales underperforms Huawei, Xiaomi on China's Singles Day
1 year, 1 month ago

Value of Apple sales underperforms Huawei, Xiaomi on China's Singles Day

The Hindu  

Apple saw a decline in the value of smartphone sales during China's recent Singles Day shopping festival, data from Counterpoint Research showed, lagging domestic rivals Huawei and Xiaomi which recorded robust increases. China's e-commerce platforms such as Alibaba and JD.com did not release sales figures for the Singles Day festival, having dropped the practice last year, although JD.com said the …

Huawei 1Q revenue edges up, profit margin narrows
1 year, 8 months ago

Huawei 1Q revenue edges up, profit margin narrows

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Chinese tech giant Huawei reported …

Huawei profit sinks in 2022 amid sanctions, but sales higher
1 year, 9 months ago

Huawei profit sinks in 2022 amid sanctions, but sales higher

Associated Press  

HONG KONG — Huawei on Friday reported a nearly 70% decline in profit last year amid sanctions and pandemic challenges, but its enterprise sales rose as the Chinese technology giant sought to pivot into digital industries and reduce its vulnerabilities to U.S. sanctions. “While it’s true that we have considerable pressures ahead of us, we still see opportunities to grow …

India smartphone market dip 27% in Q4; entry-level, sub-₹ 25,000 segment most hit
1 year, 11 months ago

India smartphone market dip 27% in Q4; entry-level, sub-₹ 25,000 segment most hit

The Hindu  

Smartphones shipments in India plunged by over 27% to 29.6 million in the October-December quarter of 2022, from 40.6 million in the year-ago period, mainly due to inflationary pressures, market research firm IDC said on Friday. IDC India, Research Manager, Client Devices, Upasana Joshi said dearth of new launches in sub-$150 smartphone segment limited its growth. According to IDC Associate …

China's Huawei slows its long decline under U.S. sanctions as revenues improve
2 years, 2 months ago

China's Huawei slows its long decline under U.S. sanctions as revenues improve

The Hindu  

China's Huawei Technologies reported modest revenue growth for a second quarter on Thursday, citing steady growth in its ICT infrastructure business as it finds its footing after U.S. sanctions knocked its once mighty handset business. Huawei posted revenue of 445.8 billion yuan for the first three quarters, 10 billion yuan less than it saw in the same period a year …

China smartphone shipments slid 11% in Q3, research firm says
2 years, 2 months ago

China smartphone shipments slid 11% in Q3, research firm says

The Hindu  

Smartphone shipments in China fell 11% year-on-year in the third quarter as the country's slowing economy took a toll on consumer demand, research firm Canalys reported on Thursday. The dip continues an ongoing trend for the sector, which in recent years has faced challenges ranging from the global chip shortage, the economic impact of China's zero-COVID policy, and lengthening upgrade …

Xiaomi leads the Indian smartphone market followed by Samsung: Report
2 years, 2 months ago

Xiaomi leads the Indian smartphone market followed by Samsung: Report

Live Mint  

Smartphone major Xiaomi continues to dominate the Indian smartphone market. According to a report by Canalys, the company has a market share of 21% during Q3, 2022, shipping 9.2 million units. The report further states that India’s smartphone shipments in Q3, 2022 were 44.6 million units, a 6% decline from the previous year. “Early Monsoon and Independence Day online sales …

Xiaomi posts 20% revenue fall, hurt by China COVID-19 curbs
2 years, 4 months ago

Xiaomi posts 20% revenue fall, hurt by China COVID-19 curbs

The Hindu  

Chinese smartphone maker Xiaomi Corp. posted a steep drop in second quarter revenue on Friday as the world's biggest smartphone market shrank, hit by strict COVID restrictions. Sales fell 20% year on year to 70.17 billion yuan, missing estimates and marking a steeper decline from the previous quarter, when the company posted its first-ever revenue drop since listing. Data this …

China’s Huawei says sales down but new ventures growing
2 years, 5 months ago

China’s Huawei says sales down but new ventures growing

Associated Press  

BEIJING — Chinese tech giant Huawei said Friday its revenue fell in the first half of 2022 but new ventures in autos and other industries helped to offset a decline in smartphone sales under U.S. sanctions. Huawei Technologies Ltd., China’s first global tech brand, has struggled since then-President Donald Trump blocked access to U.S. processor chips and other technology in …

Profit falls 81% as China cracks down on big tech: Alibaba
3 years, 1 month ago

Profit falls 81% as China cracks down on big tech: Alibaba

Hindustan Times  

Chinese e-commerce leader Alibaba Group said on Thursday that its profit for the most recent quarter tumbled 81 percent as it grappled with a government crackdown on the country's big tech champions. The Hangzhou-based company's revenues -- generated mainly by its core e-commerce operations -- reached 200.7 billion yuan, up 29 percent. Last year the government scuppered what would have …

Huawei revenue slides in Q3 as smartphone business remains crippled
3 years, 2 months ago

Huawei revenue slides in Q3 as smartphone business remains crippled

The Hindu  

Revenue of China's Huawei Technologies Co Ltd plummeted 38% in the third quarter compared to the same period a year earlier, with U.S. sanctions having hobbled its smartphone business and new potential growth areas still in their infancy. The restrictions have badly hurt Huawei's handset business, with rotating Chairman Eric Xu saying in September that revenue from smartphones would dip …

Huawei revenue sinks as smartphones hurt by US sanctions
3 years, 5 months ago

Huawei revenue sinks as smartphones hurt by US sanctions

Associated Press  

BEIJING — Chinese tech giant Huawei’s revenue fell 29.4% from a year earlier in the first half of 2021 as smartphones sales tumbled under U.S. sanctions imposed in a fight with Beijing over technology and security. Huawei Technologies Ltd. is struggling to hold onto market share after then-President Donald Trump cut off access in 2019 to U.S. technology and services …

Huawei reports biggest ever revenue drop
3 years, 5 months ago

Huawei reports biggest ever revenue drop

The Hindu  

August 06, 2021 04:09 pm | Updated 04:09 pm IST - SHENZHEN Chinese telecommunications giant Huawei Technologies reported its biggest ever revenue drop in the first half of 2021, after U.S. sanctions drove it to sell a chunk of its once-dominant handset business and before new growth areas have fully matured. The biggest decline came from Huawei's consumer business group, …

Not just in India, Xiaomi has now beaten Samsung in Europe too
3 years, 5 months ago

Not just in India, Xiaomi has now beaten Samsung in Europe too

India Today  

After dominating the Indian smartphone market for a few years now, Xiaomi has also beaten Samsung in Europe to emerge as the number one smartphone vendor, according to the data shared by analyst firm Strategy Analytics. Xiaomi shipped the highest number of smartphones to Europe in the second quarter of 2021 as total shipments grew 14 percent year-on-year to 50.1 …

India’s smartphone sales fall 13% during second COVID-19 wave
3 years, 5 months ago

India’s smartphone sales fall 13% during second COVID-19 wave

The Hindu  

India’s smartphone sales fell 13% in the second quarter compared with the previous one as a second wave of COVID-19 infections hurt demand in the world's No. China's Xiaomi Corp continued to be the top brand favoured by Indian buyers with a 29% market share, followed by South Korea's Samsung Electronics Co Ltd at 17% share, Canalys said. Chaurasia predicted …

State Of India’s Used Phone Market: Xiaomi Leads The Way While Ladies Are Holding On To Their Phones
3 years, 6 months ago

State Of India’s Used Phone Market: Xiaomi Leads The Way While Ladies Are Holding On To Their Phones

News 18  

The Indian smartphone market has rebounded pretty dramatically in the quarters following the Coronavirus induced slowdown and the nationwide lockdowns in H1 2020, and that has given the pre-owned smartphone market a big boost as well. Cashify says that in the pre-owned smartphone space, Xiaomi phones are most popular followed by Apple, Samsung, Motorola, Vivo and Oppo. With that as …

Xiaomi to invest ₹100 crore in India over the next two years
3 years, 9 months ago

Xiaomi to invest ₹100 crore in India over the next two years

Live Mint  

Chinese smartphone maker Xiaomi on Thursday said it will invest ₹100 crore in India to double its retail touch points in the country to 30,000 in the next two years. While the Chinese brand did lose some of its market share in India this year, amid an overall drop in the country’s smartphone market, it has remained the top smartphone …

Xiaomi achieves 27% smartphone market share in India for Oct-Dec quarter in 2020: Report
3 years, 11 months ago

Xiaomi achieves 27% smartphone market share in India for Oct-Dec quarter in 2020: Report

Live Mint  

New Delhi: Indian smartphone industry has registered a new record 100 million smartphone shipments for the second half of the year 2020. According to the report, Samsung followed Xiaomi with 20% market share in the fourth quarter of 2020 and record a 35 per cent increase in year-on-year shipments. It grew 75 per cent YoY and is expected to increase …

India's Smartphone Shipments Fell 4 Percent to 150 Million Units in 2020, Xiaomi Retains Top Spot
3 years, 11 months ago

India's Smartphone Shipments Fell 4 Percent to 150 Million Units in 2020, Xiaomi Retains Top Spot

News 18  

Smartphone shipments in India fell marginally by 4 percent to reach over 150 million units in 2020, the latest Counterpoint Research data shows. Notably, the Indian smartphone market grew 19 percent YoY in the fourth quarter of 2020 as the festive season offers got extended across several online and offline channels. In terms of overall smartphone shipments in India last …

Chinese smartphone brands expanded India market share in 2020: Report
3 years, 11 months ago

Chinese smartphone brands expanded India market share in 2020: Report

Hindustan Times  

Chinese smartphone brands increased their market share in India in 2020, a year marked by deadly border clashes between the Asian neighbours and backlash against Chinese firms in India, research firm Counterpoint said on Wednesday. Chinese brands commanded 75% of India's smartphone market last year, up from 71% in 2019 and the highest since at least 2014. Xiaomi Corp remained …

Xiaomi pips Samsung to regain top spot in Indian phone market
3 years, 11 months ago

Xiaomi pips Samsung to regain top spot in Indian phone market

Live Mint  

Chinese handset maker Xiaomi reclaimed the top spot with a 26% share of India’s smartphone market in the December quarter, after anti-China sentiments helped South Korea’s Samsung push ahead with a 24% market share in the previous quarter compared to Xiaomi’s 23%, as per Counterpoint Research. Though smartphone shipments grew 19% from the year earlier in the December quarter, shipments …

Xiaomi Climbs to Third Spot in Global Smartphone Rankings, Apple Fourth Despite Strong Sales
4 years, 2 months ago

Xiaomi Climbs to Third Spot in Global Smartphone Rankings, Apple Fourth Despite Strong Sales

News 18  

The Chinese smartphone maker Xiaomi has surpassed Apple in global smartphone shipments in the third quarter of 2020, therefore securing the third spot for the first time, multiple market analysis reports highlighted. According to reports provided by market analytics firms IDC, Counterpoint, and Canalys, Samsung regains the top spot in terms of global smartphone shipment, beating Huawei that still holds …

Samsung Overtakes Xiaomi to Gain Top Spot in Indian Smartphone Market After 2 Years
4 years, 2 months ago

Samsung Overtakes Xiaomi to Gain Top Spot in Indian Smartphone Market After 2 Years

News 18  

South Korean smartphone maker Samsung has overtaken Chinese manufacturer Xiaomi to become the leading smartphone company in India in the July-September quarter, according to market research firm Counterpoint Research. Now, these figures contradict a similar report from market research firm Canalys, which said that Xiaomi still holds the top spot in the Indian market with a 26.1 percent market share. …

India smartphone market rebounds to record high in a single quarter
4 years, 2 months ago

India smartphone market rebounds to record high in a single quarter

The Hindu  

Smartphone shipments in India rebounded to an all-time high in a single quarter as online sales surge. The shipments jumped to 50 million units in the quarter ending September, growing 8% from the same period in the previous year, according to data from app intelligence firm Canalys. "Ongoing sales at Amazon and Flipkart are a clear indication that despite the …

China and India’s trade and tech ties are at risk as border dispute escalates
4 years, 6 months ago

China and India’s trade and tech ties are at risk as border dispute escalates

CNN  

Hong Kong/San Francisco CNN Business — China and India are locked in a tense diplomatic and military standoff after a deadly border skirmish earlier this week. Deep ties China has created a significant place for itself in India’s technology sector over the last five years, according to a report published by Indian foreign policythink tank Gateway House. State-run tabloid The …

Xiaomi Had a Great 2019 With Mi TV And Lifestyle Products Complementing Strong Smartphone Sales
4 years, 9 months ago

Xiaomi Had a Great 2019 With Mi TV And Lifestyle Products Complementing Strong Smartphone Sales

News 18  

Chinese conglomerate Xiaomi on Tuesday announced that its total revenue for 2019 exceeded 200 billion Chinese Yuan for the first time, reaching 205.8 billion Chinese Yuan, up 17.7 per cent year-on-year. In the fourth quarter of 2019, Xiaomi’s total revenue grew by 27.1 per cent to 56.5 billion Chinese Yuan. In 2019, Xiaomi’s revenues of the smartphones segment reached RMB …

Global smartphone sales fell in 2019, Apple, Xiaomi gained: Gartner
4 years, 10 months ago

Global smartphone sales fell in 2019, Apple, Xiaomi gained: Gartner

Live Mint  

New Delhi: Global sales of smartphones to end users contracted in the fourth quarter of 2019, declining by 0.4 per cent, and for the full year 2019, smartphones sales declined by 1 per cent, Gartner said on Tuesday. "The year 2019 ended a little better than expected, due to slightly improved performances from North America and emerging Asia/Pacific," said Anshul …

Xiaomi leads India smartphone market; Vivo, Realme close in on Samsung
5 years, 2 months ago

Xiaomi leads India smartphone market; Vivo, Realme close in on Samsung

Live Mint  

NEW DELHI :Multiple online sales festivals, new launches and price corrections on a few key models by brands helped smartphone shipments in India grow 9.3 per cent in the July-September quarter to touch record 46.6 million units, research firm IDC said on Monday. The feature phone market, which accounted for 43.3 per cent of the total mobile phone shipments, registered …

Xiaomi plans to launch over ten 5G phones next year
5 years, 2 months ago

Xiaomi plans to launch over ten 5G phones next year

Live Mint  

Wuzhen, China: Chinese smartphone maker Xiaomi Corp plans to launch more than ten 5G phones in 2020, CEO Lei Jun said on Sunday, speaking at the World Internet conference in the eastern Chinese town of Wuzhen. “So we hope that operators can speed up their expansion of 5G base stations.” Xiaomi’s share price has fallen steadily this past year as …

Smartphones record strong sales despite slowdown
5 years, 5 months ago

Smartphones record strong sales despite slowdown

Live Mint  

Demand for smartphones in India does not seem to be falling anytime soon. In the second quarter of 2019, smartphone shipments rose to 36.9 million, up from 32.1 million in the previous quarter, according to International Data Corporation's Asia/Pacific Quarterly Mobile Phone Tracker, released on Tuesday. On the other hand, main rival Samsung shipped 9.3 million units and increased its …

Xiaomi becomes youngest company on Fortune Global 500 list
5 years, 5 months ago

Xiaomi becomes youngest company on Fortune Global 500 list

Live Mint  

Chinese smartphone manufacturer Xiaomi has become the youngest company on the Fortune Global 500 list for 2019, ranking 468, with a revenue of $26,443.50 million and a net profit of $2,049.10 million in the previous fiscal. The Beijing-based global technology firm on Monday announced that the company has, for the first time, made the Fortune Global 500 list, nine years …

Huawei earnings: Profits up 25% despite US campaign against the company
5 years, 9 months ago

Huawei earnings: Profits up 25% despite US campaign against the company

CNN  

Shenzhen, China CNN Business — Huawei’s profits soared to nearly $9 billion last year, powered by its booming smartphone business, but a US-led campaign against the company weighed on sales of telecom equipment. Charlie Dai, an analyst at research firm Forrester, agreed but also said the US campaign “did have further short-term impact toward Huawei’s telco business in the US …

Xiaomi leads India smartphone market in 2018, Samsung second
5 years, 11 months ago

Xiaomi leads India smartphone market in 2018, Samsung second

The Quint  

New Delhi, Feb 12 Chinese brand Xiaomi with 28.9 per cent market share led the Indian smartphone market in 2018, followed by South Korean brand Samsung at 22.4 per cent and Vivo at 10 per cent, an International Data Corporation report said on Tuesday. "The premium end of the market outgrew all other price segments in 2018 with 43.9 per …

Indian smartphone market grew by 10% in 2018: report
5 years, 11 months ago

Indian smartphone market grew by 10% in 2018: report

Live Mint  

The Indian smartphone market grew 10% in 2018 in terms of total shipments with Xiaomi leading the pack. India now accounts for more than 10% of the global smartphone market with a total of 137 million smartphones shipped in 2018—up from 124.9 million in 2017. Among manufacturers, Xiaomi consolidated its position in 2018 and remained at the top for the …

Xiaomi continues to lead Samsung for top spot in smartphone shipments: Counterpoint
5 years, 11 months ago

Xiaomi continues to lead Samsung for top spot in smartphone shipments: Counterpoint

Firstpost  

Chinese smartphone manufacturer Xiaomi continues to top the smartphone sellers chart in the country, as per Counterpoint’s latest quarterly reports. Taking the Chinese company ahead of South Korean manufacturer Samsung which controls 22 percent of the market share in Indian smartphone shipments during Q4 of 2018. Interestingly enough, the other top smartphone players for the fourth quarter of 2018 was …

Xiaomi relying on 5G tech for demand as shares slump
6 years ago

Xiaomi relying on 5G tech for demand as shares slump

Live Mint  

Xiaomi Corp.’s billionaire co-founder, shrugging off a share slump that wiped $6 billion off its market value in just three days, expects the advent of next-generation wireless to energize demand for its smartphones. While Lei declined to comment on how an economic deceleration might affect his business, he did say 5G will revive not just demand for smartphones, but also …

Xiaomi swings to profit in Q3 on robust India, Europe sales
6 years, 1 month ago

Xiaomi swings to profit in Q3 on robust India, Europe sales

Live Mint  

Hong Kong: Chinese smartphone maker Xiaomi Inc said on Monday it swung to a net profit in the third quarter, beating analyst estimates, driven by robust sales in India and Europe. Xiaomi also said operating profit sank 38.4% to 3.59 billion yuan in the third quarter. As the firm prepared for its IPO, founder Lei Jun touted internet services - …

Xiaomi claims to have sold 8.5 mn devices last month, 6 mn of those were phones
6 years, 2 months ago

Xiaomi claims to have sold 8.5 mn devices last month, 6 mn of those were phones

Firstpost  

Chinese technology player Xiaomi on Monday announced that it sold over 8.5 million Xiaomi devices during the festive season. The brand sold over 6 million smartphones, 4,00,000 Mi LED TVs and over 2.1 million other products and accessories from the Mi Ecosystem, the company said in a statement. #DiwaliWithMi pic.twitter.com/3Hrz7KN9R3 — Manu Kumar Jain November 12, 2018 “This year, we …

Xiaomi retains number one spot in mobile shipments in Q2 2018: IDC India
6 years, 5 months ago

Xiaomi retains number one spot in mobile shipments in Q2 2018: IDC India

Firstpost  

The data states that Xiaomi shipped as many as 33.5 million smartphones in India during the quarter. According to data released by IDC India, Xiaomi’s increased shipment numbers represent a whopping 20 percent growth when compared to numbers from the same quarter last year. India Smartphone Market sees a healthy growth of 20% in Q2 2018 as Xiaomi retains leadership, …

Xiaomi is the biggest smartphone maker in India with 29.7 percent market share: IDC
6 years, 5 months ago

Xiaomi is the biggest smartphone maker in India with 29.7 percent market share: IDC

Firstpost  

Xiaomi continued to be the number one smartphone vendor in the online smartphone market with 55.6 percent Smartphone users in India were left confused on Monday after global market research firm International Data Corporation crowned Xiaomi with a market share of 29.7 percent and placed Samsung in the second spot with 23.9 percent share in the second quarter of 2018. …

Xiaomi shares dropped by 2.9 percent on the first day of its IPO listing
6 years, 6 months ago

Xiaomi shares dropped by 2.9 percent on the first day of its IPO listing

Firstpost  

Xiaomi priced its Hong Kong initial public offering at HK$17 per share, the bottom of an indicative range. Chinese smartphone maker Xiaomi Corp’s shares dropped 2.9 percent on debut in Hong Kong on 9 July, in a blow to investor sentiment for the tech sector as a raft of peers line up their own listings in the city. Xiaomi priced …

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