Browsing: Xiaomi

World
Weak smartphone demand hits Samsung profits

The slowdown in the global smartphone market is starting to take a toll on Samsung Electronics, with net income falling short of analysts’ estimates as the sluggish market hit demand for its Galaxy devices.

World
Xiaomi tumbles on market debut

Xiaomi 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. The eight-year-old Chinese smartphone maker

World
Xiaomi could be twice as expensive as Apple

Chinese serial entrepreneur Lei Jun has been compared with Steve Jobs. Now, analysts are saying the smartphone giant he built could be twice as expensive as Apple. Xiaomi deserves to trade at a premium

World
Inside Xiaomi’s mammoth listing

When Xiaomi’s founders were eating millet congee at an office in Beijing’s Zhongguancun neighborhood in 2010, they decided to create a smartphone brand selling handsets at “honest” prices. Eight years later, Lei Jun and the

In-depth
Xiaomi could be just the hero GoPro needs

I’ve long bemoaned the fact that GoPro is a one-trick pony, and its declining sales reflect this fact. CEO and Founder Nick Woodman did a brilliant job giving cameras a new lease on life while the rest of the industry

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