Browsing: Xiaomi

Xiaomi’s quarterly profit beat estimates after the world’s third largest smartphone maker narrowed the gap with market leaders Samsung Electronics and Apple in shipments.

Samsung Electronics has snatched back the crown from Apple as the world’s biggest smartphone producer, accounting for a fifth of overall global sales in the first quarter, market research firm Canalys said.

Xiaomi filed a complaint in a Washington against the US defence and treasury departments, seeking to remove the Chinese smartphone maker from an official list of companies with ties to China’s military.