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The Latest Breaking News from Xiaomi Corp

Apple Appears To Have Put The Worst Behind It In China, Says Analyst — Xiaomi Now Faces Fresh Pressure From 2026 iPhone SE And Flagship Launches

Apple Inc. (NASDAQ: AAPL) may finally be regaining ground in China after months of slowing sales, and analysts warn that Xiaomi Corp. (OTC: XIACY) (OTC: XIACF) will soon face renewed competition from Apple's 2026 iPhone lineup.

Benzinga

Trump Wanted To Break China—Now It's Crushing The US At Its Own Game

When President Donald Trump returned to the White House in January 2025, one of his signature ambitions remained unchanged: confronting China's global economic influence. From tariffs and trade talks to reshoring initiatives and supply chain pressure, the second term opened with renewed efforts to curb Beijing's rise—and reassert American dominance.

Benzinga

Why Nvidia's Huang Would Be Thrilled To Own A Xiaomi EV

Jensen Huang, CEO of Nvidia Corp. (NASDAQ:NVDA), expressed admiration for Chinese EV maker Xiaomi Corp.’s (OTC:XIACF) newest electric cars during a high-profile visit to China this week.

Benzinga

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Tesla Rival Xiaomi Wants To Sell Cars Internationally Starting 2027, CEO Lei Jun Says

Tesla Inc. (NASDAQ:TSLA) rival Xiaomi Corp. (OTC:XIACY) (OTC:XIACF) is exploring options to sell its vehicles overseas.

Benzinga

Xiaomi Has Picked Tesla And Xpeng’s Battery Suppliers To Power Its EVs

Xiaomi enters the electric vehicle market after reportedly selecting battery providers for its EV operations.

Zenger

Chinese Smartphone Maker Xiaomi’s Revenue and Profit Slides

Chinese smartphone maker Xiaomi Corp on Friday reported a record drop in fourth-quarter revenue as the company weathered a slowdown in consumption and disruptions due to China's COVID-19 curbs. Sales in the fourth quarter of 2022 reached 66.05 billion yuan ($9.6 billion), down 22.8% from 85.58 billion yuan a year…

Asharq Al-Awsat

Qualcomm, Android Phone Makers Developing Satellite Messaging Feature

Qualcomm Inc on Monday said it was working with a group of Android smartphone companies to add satellite-based messaging capabilities to their devices. The San Diego, California-based company, which is the world's biggest supplier of chips that connect mobile phones to wireless data networks, said it is working with Honor,…

Asharq Al-Awsat

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Tech Insider: Xiaomi President to Step Down, TuSimple Plans to Cut Staff by 25%

Hackers threaten to blackmail Nio, EV-maker launches urban-navigation system in Shanghai

Caixin Global

Xiaomi’s $10bn car project facing regulatory barrier

Xiaomi Corp is facing difficulties getting regulatory approval for its electric vehicle (EV) project in China, an unexpected hurdle for the smartphone giant’s US$10 billion carmaking endeavour.

Bangkok Post

Geely Acquires Major Stake in Smartphone Maker Which Has Alibaba Connection

Billionaire Li Shufu controlled satellite-to-automobile group Geely Automobile Holdings Ltd (OTC:GELYY), purchased a majority stake in Chinese smartphone maker Meizu Technology Co, the Caixin Global reports. Geely's Hubei Xingji Shidai Technology Co division bought a 79% stake in Meizu from Meizu's founder and a unit of Alibaba Group Holding Limited (NYSE:BABA). The financial terms of…

Benzinga

China's Xiaomi, Realme, Honor Gained Market Share At Apple's Expense Following US Sanctions On Russia - Here's How

China saw a significant market share jump in the Russian smartphone market in May as manufacturers like Apple Inc (NASDAQ:AAPL) and Samsung Electronics Co, Ltd (OTC:SSNLF) paused new sales in the country following its Ukraine invasion, Reuters reports. Chinese manufacturers Xiaomi Corp (OTC:XIACY), Realme, and Honor accounted for 42% of Russia's smartphone sales in May 2022, up…

Benzinga

Why Zepp Health Shares Are Trading Lower Today

Zepp Health Corp (NYSE:ZEPP) reported a first-quarter FY22 revenue decline of 34% year-on-year to $119.4 million, missing the consensus of $142.4 million. Drivers: Total units shipped decreased by 41.3% Y/Y to 3.7 million due to a 45.5% decrease in units of products built for Xiaomi Corp (OTC:XIACY) and a 31.6% decrease in unit shipments of Amazfit…

Benzinga

Lenovo, Xiaomi, Other Chinese Tech Giants Pull Back From Russia

Chinese tech companies, including PC giant Lenovo Group Ltd (OTC:LNVGY) and smartphone maker Xiaomi Corp (OTC:XIACY), quietly pulled back from Russia under pressure from U.S. sanctions and suppliers, the Wall Street Journal reports. Consumer drone giant SZ DJI Technology Co suspended its business in Russia and Ukraine pending a compliance review. The companies pulled back amid Beijing…

Benzinga

Leading Chinese Smartphone Invites Regulatory Scrutiny In India, Shares Drop In Hong Kong

Xiaomi Corp (OTC:XIACY) (OTC:XIACF) shares lost steam in Hong Kong after India’s Enforcement Directorate alleged the second-largest smartphone vendor of “illegal remittances” and seized ~$730 million, the Financial Times reports. India’s anti-money laundering and foreign exchange crime division alleged Xiaomi’s Indian subsidiary of sending $55.51 billion ($725 million) of foreign currency payments…

Benzinga

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The Times of India

'ED summons former Xiaomi head in investigation'

NEW DELHI: The Enforcement Directorate (ED) has summoned Manu Kumar Jain, a former head of Xiaomi Corp's India operations, in connection with a probe into the company's compliance with foreign exchange laws, the news agency Reuters reported on Tuesday quoting two sources.

Benzinga

Chinese Watchdog Denies Regulatory Probe On Companies Related To Xiaomi

China's securities watchdog denied rumors of a regulatory probe on companies in Xiaomi Corp's (OTC:XIACY) industrial chain or restrictions on their listing plans, Reuters reports. The China Securities Regulatory Commission looked to continue to inspect initial public offering plans according to relevant rules and regulations. Also Read: Here's How Alibaba's Buyback Boost Could Win…

Benzinga

Why Alibaba, Tesla Rivals Nio, Xpeng Are Spiking Again In Hong Kong Today

Shares of U.S.-listed Chinese tech companies traded notably higher in Hong Kong on Wednesday following upbeat quarterly earnings results from companies such as smartphone maker Xiaomi Corp. and biotechnology company WuXi Biologics.

Benzinga

Apple iPhones Led Smartphone Sales As 5G Handsets Formed Over 50% Of Sales

Apple Inc’s (NASDAQ:AAPL) iPhones led the mobile industry to a landmark in January, as handsets with 5G cellular networking accounted for 51% of smartphone sales for the first time, Bloomberg reports. Recently, Apple launched a 5G model in its budget-friendly iPhone SE series, at half its average flagship device priced at $429. Chinese brands Xiaomi…

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