Browsing: Xiaomi

Apple’s Chinese smartphone shipments plummeted an estimated 20% in 2018’s final quarter, underscoring the scale of the iPhone maker’s retreat in the world’s largest mobile device market.

Xiaomi delivered a 68% revenue jump and quarterly profit in its maiden earnings report, as the Chinese smartphone giant made strides overseas while fending off a challenge from local rivals such as Oppo.

Samsung Electronics has unveiled the Galaxy Note9, banking on the larger-screen device to rejuvenate sales of a struggling flagship line and fend off Apple’s upcoming iPhones over the holidays.

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.

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