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XIAOMI ORDER DROP
Waiting for your dream phone to get cheaper? That moment may never comeSmartphone prices are no longer dropping predictably. The demand for AI chips is causing component costs to surge. This means phones are la...- Samsung, Apple outpace rivals as global memory chip crunch hits Chinese smartphone makersA global memory chip shortage is impacting smartphone makers. Samsung and Apple are growing their market share. Chinese companies like Xiao...
- Tesla's China-made EV sales drop on year in August, but jump on monthTesla's China sales experienced a slight dip in August, down 4% year-over-year, while overall deliveries from its Shanghai factory, includi...
- Another headache for Elon Musk: Xiaomi launches YU7 that will directly compete with Tesla's Model Y in ChinaXiaomi has revealed a new electric car called the YU7. It might be a big challenge for Tesla's Model Y in China. Experts think it could cha...
- Once a darling just six months ago, Xiaomi's EV SU7 faces backlash from customers following a deadly crash; orders slump 55% in April; CEO Lei Jun appears cluelessXiaomi SU7 electric car is facing a sudden drop in orders as concerns rise over safety and misleading advertising. Once a major EV contende...
- Bharat FIH rejigs board, eyes spot in Apple supply chainBharat FIH has overhauled its board after significant resignations, pivoting its strategy to focus on servicing Apple’s supply chain rather...
- Foxconn’s Bharat FIH is facing turbulence due to top-level exitsFoxconn group company Bharat FIH is in a rough spot, with three of its independent directors having exited its board in the past three mont...
- Bharat FIH plans factory reset on board, order woesFoxconn group's Bharat FIH is facing challenges as it loses key directors and considers closing its Sri City facility due to reduced orders...
- With China EV launch, Xiaomi's 'Thor' takes on Elon MuskXiaomi's Lei Jun challenges Tesla with the SU7 car, inspired by Musk's strategy. Dubbed "Thor," Lei's marketing approach draws attention si...
- Can smartphone giant Xiaomi take on EV titans Tesla and BYD?Xiaomi's $8 billion stock rally hinges on its first electric vehicle SU7 launch in China, challenging Tesla and BYD. Analysts predict posit...
- India probes may adversely affect operating results or cash flows: XiaomiChinese smartphone maker Xiaomi on Friday said the ongoing investigations and allegations in India could take a long period of time to sett...
- Sony cuts television prices up to 20% to spur demand during Covid-19The company has cut prices anywhere from Rs 2,000 on the smaller screen televisions going up to Rs two lakh on a flagship 85-inch model apa...
- With little to cheer, companies cut festive spendProduction cuts will be most in premium product portfolio as companies expect consumers to curb discretionary spending as the impact of the...
- Consumer goods firms flag Covid hit, cut festive season forecastProduction cuts will be most in premium portfolio as consumers curb discretionary spending.
- Phone makers likely to slash marketing expenditure by 70%Smartphone companies are likely to slash their marketing expenditure by up to 70% as footfalls disappear in brick-and-mortar stores and ord...
- Festive season: Consumer electronics, phone companies giving retailers record margins to boost salesBrands usually pass on 2-3 percentage points of extra margin in the period between Navratri and Diwali. This year it’s been raised to 4-6 p...
- Google and Xiaomi revive stalled Android One program for IndiaThe venture marks a departure from Google’s cheap-gadgets approach, and is intended to shore up their presence in world’s fastest-growing s...
- Samsung wrests top spot in online smartphone salesOnline remains a growing and an important channel for smartphone marketers with potential to expand given the still low Internet penetratio...
- Xiaomi’s $45-billion valuation looks unfeasible as sales falter with cooling growthXiaomi’s falter shows the startup’s challenge in trying to maintain momentum after a meteoric ascent past Apple and Samsung Electronics in ...
- Indian smartphone market declines for first time in Q4 2014: IDCHowever, few global vendors who were in the inventory correction phase until now are likely to exhibit big shipment numbers starting Q1.
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