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OnePlus, Xiaomi among firms trimming marketing and sales roles in India amid cost pressureSmartphone companies are reducing staff in marketing and sales. Rising costs and slower sales are pushing brands to cut expenses and focus ...- Apple’s Tim Cook takes on crucial new role: Global ambassadorTim Cook steps into a new role as executive chairman, dedicating more time to global diplomacy for Apple. He will engage policymakers world...
- Porsche loses speed on a curvy roadPorsche AG's sales dropped significantly in the first quarter. China saw a steep decline in luxury spending, impacting deliveries. Model ch...
- Xiaomi Pad 8 review: A performance-focused tablet with a growing productivity edgeThe Xiaomi Pad 8 builds on its predecessor with a slimmer design, improved performance, and better battery life, positioning itself as a ca...
- Xiaomi to slash smartphone line after conceding India misstepsChina’s Xiaomi held the smartphone lead in India for years before regulatory headaches and a too vast product portfolio — which by its own ...
- Xiaomi fires 900 employees, to slash 10% of jobs globally: ReportThe termination comes after several companies, including Facebook-parent Meta, Elon Musk’s Twitter, and Microsoft, announced layoffs recent...
- Import restrictions on colour television to give a boost to local manufacturing: Xiaomi"Currently, over 85% of our Mi TVs sold in India are manufactured in India. We believe that this decision will encourage and give a boost t...
- Sony India feels the heat from Chinese cos, cuts over 120 jobsSony India has axed about a seventh of its local workforce, totalling more than 120 jobs across functions, as the Japanese electronics majo...
- Boxed in by Chinese rivals, Samsung to sack 1,000 in India150 already laid off at telecom networks division; manpower rationalisation to be completed by October.
- Xiaomi looks to monetise internet services in IndiaAfter beating Samsung in smartphones, Xiaomi now wants to generate revenue from internet services.
- Xiaomi in talks with two more partners to set up plants in IndiaLocal sourcing of components will help the handset maker reduce prices of its products in India, besides reducing the go-to-market time.
- Xiaomi to set up 5,000 offline stores in rural India by 2019-endIndia's largest smartphone vendor Xiaomi said Tuesday it will set up 5,000 Mi Stores across rural India by the end of 2019, a move that is ...
- Xiaomi, Huawei plan big retail push in IndiaThe move could further stifle Indian smartphone brands that are surviving on sales in such markets and intensify competition with Samsung s...
- Holitech plans $200 million plant in Andhra Pradesh to make components for XiaomiXiaomi is locked in an intense battle with South Korea’s Samsung for the top slot in the highly competitive and price sensitive Indian mark...
- Xiaomi changes agreement terms to let it buy Mi Home stores in IndiaXiaomi manufactures its smartphones and power banks in the country and has indicated it will also start local television production.
- Xiaomi said to be planning IPO, seeks at least $50b valuationThe Beijing-based company is considering an offering as soon as next year with banks suggesting Hong Kong as the most likely destination.
- Xiaomi is said to seek valuation of at least $50 billion in IPOXiaomi has gained momentum in recent months after stumbling against local rivals.
- ET GBS 2017: Xiaomi aims to create 20,000 jobs in IndiaAccording to Lei, the Internet Plus policy elevates internet to become the most important engine of growth for China's economy.
- Most important market for Xiaomi in ’15 is India, says founder and CEO Lei JunThe competitors in India market are also there in China. We're fairly confident we will be able to get to No. 1 in India in three to five y...
- Xiaomi, the Chinese phonemaker, wants to be an Indian company; in talks to set up plantThe firm is planning to invest in a startup, set up an R&D centre, begin local manufacturing and emerge as India’s No 1 handset player by 2...
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