Browsing: Xiaomi

News
Smartphone sales decline for first time ever

Global sales of smartphones to end users declined for the first time ever in the fourth quarter of 2017, analyst firm Gartner said on Thursday. Chinese handset manufacturers Huawei and Xiaomi were the only vendors

World
Xiaomi seeks at least $50bn in IPO

Xiaomi, the Chinese smartphone maker that was once the most valuable start-up in the world, is in talks with investment banks about a possible initial public offering and seeking a valuation of at least $50bn, according

World
Xiaomi goes old school to reclaim crown

Xiaomi pioneered an online flash-sales model that lifted it to dizzying heights and made it Asia’s most valuable start-up, but it’s since fallen on hard times. Now it’s counting on old-fashioned retail to make a comeback, and that’s proving

World
Xiaomi snaps up Nokia patents

Xiaomi has acquired a swathe of patents from Nokia, making its latest acquisition of technology to drive a global expansion. The Chinese smartphone maker is getting its hands on a trove of intellectual property from the Finnish

Editor's pick
The man who toppled Apple in China

Duan Yongping is convinced Tim Cook didn’t have a clue who he was when they first met a couple years ago. The Apple boss probably does now. Duan is the reclusive billionaire who founded Oppo and Vivo

In-depth
China’s phone makers eye world stage

Cheap handsets helped Chinese smartphone makers climb to the top of their home market. Now they’re hoping cutting-edge technology will take them global. Shrugging off a reputation for knockoffs, the country’s

Top
Chinese phone makers squeeze Apple

Chinese smartphone brands Oppo and Huawei are tightening their grip on the world’s largest market, grabbing local share and squeezing out Apple and Samsung Electronics. After including Vivo, Chinese vendors held the top

In-depth
Apple’s Qualcomm assault is margin grab

Apple is piling onto lawsuits that attack the way Qualcomm licenses technology for mobile phones in a widespread effort to rake back profits in a slowing market. The latest suit by Apple, filed on Friday, alleges that Qualcomm has unfairly used

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Xiaomi shoots for R190bn in sales

Xiaomi, one of China’s most valuable technology start-ups, is shooting for more than 100bn yuan (R190bn) of revenue in 2017, even as it pledged to slow its pace of business expansion and overhaul an online-focused retail strategy. CEO Lei Jun