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 after its iteration. "It took Xiaomi only nine years to make the Fortune Global 500 list, a milestone that we owe a big thank you to all our Mi fans and users for their unwavering support. Founded in April 2010 as an internet company with smartphones and smart hardware connected by an Internet of Things platform at its core, Xiaomi was also named in Fortune's China 500 list for the first time in June, ranking 53rd.

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History of this topic

China’s Xiaomi, Huawei leave Apple, Samsung in the dust as global smartphone market recovers
1 day, 14 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 …

China's Xiaomi to enter cut-throat EV market for the first time
9 months, 2 weeks ago

China's Xiaomi to enter cut-throat EV market for the first time

New Indian Express  

BEIJING: Chinese consumer tech giant Xiaomi will launch its first-ever EV at a press conference in Beijing Thursday, injecting itself into a fiercely competitive sector in the world's largest car market. China's EV sector has grown rapidly in recent years -- propelled by purchasing subsidies that were discontinued in late 2022 -- and dozens of domestic automakers are engaged in …

Xiaomi's new phone aims premium market expanding
10 months, 3 weeks ago

Xiaomi's new phone aims premium market expanding

China Daily  

Xiaomi unveiled its latest phone Mi 14 Ultra series in Beijing on Thursday. Chinese tech company Xiaomi Corp unveiled its latest smartphone series Mi 14 Ultra on Thursday night in Beijing, after it secured the top position in the Chinese smartphone market in the last quarter. The move is also part of the company's broader push to expand its presence …

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 …

Xiaomi Global VP Manu Kumar Jain calls it quits
1 year, 11 months ago

Xiaomi Global VP Manu Kumar Jain calls it quits

The Hindu  

January 30, 2023 06:32 pm | Updated 06:42 pm IST Manu Kumar Jain on Monday announced his departure from Xiaomi, ending his nine-year association with the Chinese brand. Mr. Jain was the face of Xiaomi India before he quietly moved base to Dubai to serve as Global VP in July 2021, amid rising pressures on the company’s finances by law …

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 …

Xiaomi overtakes Apple to become 'top-shipping wearable band vendor in Q2 2021': Canalys
3 years, 4 months ago

Xiaomi overtakes Apple to become 'top-shipping wearable band vendor in Q2 2021': Canalys

Firstpost  

Apple still managed to get the first position in the wristwatch segment with a 31.1 percent market share. The global wearable band market has witnessed a 5.6 percent growth in shipments with 40.9 million units in Q2 2021 globally, reported Canalys. Xiaomi was in the lead with a 19.6 percent share in fitness band shipments while Apple held a 19.3 …

Xiaomi beats Samsung to become number 1 smartphone brand in the world for first time ever
3 years, 5 months ago

Xiaomi beats Samsung to become number 1 smartphone brand in the world for first time ever

India Today  

Xiaomi has beaten both Samsung and Apple to emerge as the number one smartphone vendor in the world during June 2021, the latest Counterpoint report confirmed. According to the report, Xiaomi’s sales grew 26 per cent month-on-month in June 2021, making it the fastest-growing brand for the month. The same period has Xiaomi presently leads the global smartphone sales charts …

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 …

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 …

Xiaomi Sold 1.5 Million Smartphones During 5-Day Republic Sales in India, Mi 10i Was Top-Selling 5G Device
3 years, 11 months ago

Xiaomi Sold 1.5 Million Smartphones During 5-Day Republic Sales in India, Mi 10i Was Top-Selling 5G Device

News 18  

Xiaomi India has announced that the company sold over 1.5 million units of Mi and Redmi smartphones during the 5-day Republic Day sales on Amazon and Mi online and offline channels. The development was shared by the Chinese smartphone maker on Twitter today, that further notes that the Redmi 9 Power was among the best-selling smartphones on Amazon India. Both …

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 Mi 10i Opens To Hugely Positive Response, Rakes in Rs 200 Crores in First Sale
4 years ago

Xiaomi Mi 10i Opens To Hugely Positive Response, Rakes in Rs 200 Crores in First Sale

News 18  

Xiaomi launched its Mi 10i smartphone in India last week. On Amazon, the smartphone opened to a hugely positive response, as Xiaomi has said that it has sold Rs 200 crores worth of Mi 10i smartphones during the first sale. Xiaomi, in its announcement said that all the five variants of the Mi 10i were among the top five best-selling …

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. …

Five Shandong companies listed among Fortune Global 500
4 years, 4 months ago

Five Shandong companies listed among Fortune Global 500

China Daily  

Five enterprises from Shandong province were included on the Global Fortune 500 Company List 2020 released by Fortune magazine on Aug 10. They were Shandong Energy Group, Yankuang Group, Shandong Weiqiao Pioneering Group, Haier Group and Shandong Iron & Steel Group. Shandong Iron & Steel Group The Fortune Global 500, also known as Global 500, is an annual ranking of …

Samsung Dethrones Xiaomi As Overall Mobile Phone Leader In India: IDC
4 years, 5 months ago

Samsung Dethrones Xiaomi As Overall Mobile Phone Leader In India: IDC

ABP News  

New Delhi: South Korean major Samsung has dethroned Xiaomi to lead the overall mobile phone market in India in the second quarter of this year, a new report said on Friday.Samsung led the overall mobile phone market with a market share of 24 per cent, followed by Xiaomi and Vivo, said IDC India. The mid-premium segment with a share of …

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 …

Xiaomi to launch 10 5G smartphones carrying different price tags in 2020: Report
5 years, 1 month ago

Xiaomi to launch 10 5G smartphones carrying different price tags in 2020: Report

Live Mint  

Beijing: Chinese handset maker Xiaomi is aiming to introduce at least 10 5G smartphones in 2020 as it mulls quickly making 5G devices just as common as 4G phones. According to the handset maker's founder Lei Jun, Xiaomi aims to launch 5G phones that could cover the full range of prices from the lower to the higher end. During the …

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 …

Xiaomi to introduce more products in India to make Mi.com even bigger
5 years, 6 months ago

Xiaomi to introduce more products in India to make Mi.com even bigger

Live Mint  

Bengaluru: Buoyed by the surge in user base and growing market share of its e-commerce platform Mi.com in India, Chinese smartphone maker Xiaomi is aiming to launch more products for the online buyers in the country, a top company executive said here on Thursday. Currently the top single brand online smartphone channel in India with 11% market share, Xiaomi is …

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 …

Xiaomi Mi 9 launched in China at ₹35,000. Here's a look at specifications
5 years, 10 months ago

Xiaomi Mi 9 launched in China at ₹35,000. Here's a look at specifications

Live Mint  

Chinese smartphone maker Xiaomi launched the Mi 9 smartphone at an event in China on Wednesday. Just like its Chinese counterparts, Mi 9's back panel refracts light differently at various angles. It runs Android Pie 9 with Xiaomi's MIUI 10 running atop and is backed by a 3,300mAh battery with support for 27W Turbo Charging and 20W wireless charging. Xiaomi …

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 …

Xiaomi trumps Samsung to become India's No 1 smartphone brand in 2018
5 years, 11 months ago

Xiaomi trumps Samsung to become India's No 1 smartphone brand in 2018

India Today  

Xiaomi continues to be the No. According to a new report coming from Counterpoint Research Xiaomi leads the Indian smartphone market in 2018 highest ever shipments. The report further reveals that "India's overall mobile phone shipments grew 11 per cent and smartphone shipments grew 10 per cent with feature phones growing faster than smartphones. India was also the fastest-growing smartphone …

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 aims for the top spot in European market
6 years ago

Xiaomi aims for the top spot in European market

China Daily  

Xiaomi Corp CEO Lei Jun at the Redmi product release in Beijing on Thursday. Chinese smartphone vendor Xiaomi Corp said on Thursday that it is aiming to be the No 1 or 2 player of its kind in Europe, as it strives to expand its presence in overseas markets amid mounting competition with rivals such as Huawei Technologies Co Ltd. …

Xiaomi, TCL tighten ties in home appliance sector
6 years ago

Xiaomi, TCL tighten ties in home appliance sector

China Daily  

TCL employees put finishing touches to displays at an assembly line in Huizhou, Guangdong province. Deepening cooperation with TCL Corp will help Xiaomi Corp to expand its product portfolio in the field of home appliances, as TCL can offer competitive advantages related to supply chains and the semiconductor display sector, industry insiders said. Lei Jun, chairman and CEO of Xiaomi, …

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 …

Xioami sells over 8.5 million devices during the festive season
6 years, 2 months ago

Xioami sells over 8.5 million devices during the festive season

India TV News  

Xiaomi, the Chinese smartphone maker on Monday said that it sold over 8.5 million Xiaomi devices during the festive season. The company said in a statement that it sold over 6 million smartphones, 400,000 Mi LED TVs and over 2.1 million other products along with accessories from the Mi Ecosystem. "Redmi Note 5 Pro" and "Redmi 6A" were best selling …

Xiaomi starts assembling smart TVs in India
6 years, 3 months ago

Xiaomi starts assembling smart TVs in India

Live Mint  

Tirupati: Smartphone maker Xiaomi of China on Thursday began locally assembling its smart TVs at a new production line in Tirupati. Xiaomi, in partnership with Foxconn and Hipad Technologies, has six lines dedicated to smartphones and one to power banks across Sri City in Andhra Pradesh, Sriperumbudur in Tamil Nadu and Noida in Uttar Pradesh. “Right now we are ramping …

Xiaomi to undergo internal restructuring, will have 10 new business units: Lei Jun
6 years, 4 months ago

Xiaomi to undergo internal restructuring, will have 10 new business units: Lei Jun

Firstpost  

Xiaomi will have 10 new business units, including 4 hardware units and 4 Internet services units. Aiming to recruit new talent and strengthen its core, Xiaomi would undergo internal restructuring, its founder and chief executive Lei Jun has announced. The Beijing-headquartered company’s internal restructuring would make way for 10 new business units — four hardware units, four Internet services units, …

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 …

Xiaomi drops on market debut as investors question its internet vision
6 years, 6 months ago

Xiaomi drops on market debut as investors question its internet vision

Live Mint  

Beijing: Xiaomi Corp. fell as much as 6% on its debut, as an escalating trade war and uncertainty about its valuation combined to dampen Hong Kong’s biggest coming-out party in two years. It’s a lukewarm showing for an ambitious smartphone label with designs on expanding globally and transforming from a low-margin hardware company into an internet services player in the …

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