- Beijing, China -- Chinese electric vehicle maker Xiaomi received almost 300,000 pre-orders within an hour for its first sport utility vehicles in what the company said was a "miraculous" moment for the industry. Lei Jun, founder and CEO of the electronics-turned-car company, said he was astonished by the reaction from...
Xiaomi launches new advanced in-house mobile chip
Beijing, China -- Tech giant Xiaomi unveiled a new advanced in-house mobile chip on Thursday, a significant milestone for the company as Chinese firms shift resources towards home-grown technology against a bleak international trade backdrop. Xiaomi, which sells goods from smartphones to vacuum cleaners and electric vehicles (EVs), is one...China’s Xiaomi to invest nearly $7 bn in chips
Chinese tech giant Xiaomi will invest 50 billion yuan ($6.9 billion) in developing high-end smartphone chips, the firm's founder said on Monday.Xiaomi posts solid quarterly sales growth
The company is Chinese smartphone and household tech giant.China’s Xiaomi to enter EV market
China's EV sector has grown rapidly in recent years.Xiaomi announces release date for EV
It will be its first foray into the electric vehicle sector.Xiaomi launches first electric car
The car manufactured by Xiaomi likely to enter market by 2025.Apple loses to rival Samsung in Middle East smartphone market
Dubai, UAE - Apple has lost ground in the Middle East smartphone market during 2022 to main rival Samsung, according to research by Canalys. Samsung has enhanced its share in the smartphone market in the Middle East to 40 percent in 2022, up from 34 percent in 2021, while Apple...Google fined $162m by Indian watchdog over market dominance
Android had a suite of Google apps pre-installed on its phones, including the company's own search engine, "which accorded significant competitive edge to Google's search services over its competitors", a Competition Commission of India statement said late Thursday. "Markets should be allowed to compete on merits and the onus is...India seizes $725m from China’s Xiaomi over ‘illegal’ remittances
India seized $725 million from the local bank accounts of Xiaomi after a probe found the Chinese smartphone giant unlawfully sent money abroad in the guise of royalty payments, authorities said Saturday. The firm's India office was raided in December in a separate investigation over alleged income tax evasion.









