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XIAOMI BUSINESS MODEL
India's Serious Fraud Office recommends 'detailed' probe into Xiaomi's business in countryIndia's Serious Fraud Office proposed investigating Xiaomi for alleged business irregularities. The probe would examine fund movements and ...
Tech pilgrims flock to China as global innovation race heats upInvestors and entrepreneurs are paying thousands of dollars for rare access to Chinese factories, seeking a front-row seat to what many bel...
Oyo parent PRISM closes FY26 with 50% revenue growth, reports PAT of Rs 994 crPRISM operates a single technology-enabled platform across more than 35 countries, with technology and product engineering, pricing and rev...
Mercedes, BMW, Volkswagen, Audi and Porsche are losing China to EV upstartsAs competition in the Chinese automotive sector intensifies, German car manufacturers are witnessing a decline in sales and profitability. ...
Xiaomi Launches REDMI Note 17 5G in India, starting at Rs 24,999 with an 8,000mAh batteryThe latest addition to Xiaomi's lineup, the REDMI Note 17 5G smartphone, has been launched in India. It comes equipped with an impressive 8...
Global Market: Chinese tech firms raise over $27 billion in Hong Kong to fuel AI, chip expansionChinese technology firms are actively raising substantial funds in Hong Kong. These companies are financing growth in artificial intelligen...
Alternatives to OpenAI, Anthropic: With US prime AI off the table, India opts for fine ChinaChinese open-source models, already popular among startups due to lower costs, may now make their way to large enterprises looking to avoid...
Chinese AI models up to 50 times cheaper as enterprises reassess OpenAI, Anthropic costs: JPMorganThe report titled "Semiquincententacles: The US Grip on Global Markets," said growing cost pressures are prompting businesses to reconsider...
India among top AI-ready nations, one of world's least concentrated equity markets: J.P. MorganIndia has emerged as one of the top countries in artificial intelligence (AI) readiness, trailing only the U.S. and China, while remaining ...
US remains global leader in AI, but China rapidly closing gap with cheaper models: JP MorganThe United States stands at the forefront of AI development, yet China is swiftly closing the gap with cost-efficient AI systems. Chinese c...
Xiaomi India charts post-Anuj Sharma roadmap with South Asia headquarters push and large appliances expansion planThe company reported strong gains in premium smartphones, tablets and TVs, outlined plans to enter large appliances, and announced leadersh...
Xiaomi brings in South Asia head to revive Indian operationsChinese smartphone maker Xiaomi is bringing in Alexander Tang to head its India business as it looks to revive falling market share and imp...
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...
Xiaomi says it has no plan to launch its electric car, SU7, in IndiaXiaomi's electric car, the SU7, won't be coming to India anytime soon. The company is prioritizing the Chinese market after successful init...
Xiaomi branded EVs, SU7 and SU7 Max with top speed of up to 265 kph, revealedBAIC Group, a Beijing-based automaker, has sought approval from regulators to manufacture two electric vehicles (EVs) under the Xiaomi bran...
Xiaomi's India biz turns around, revenue grows over 9% in FY22Xiaomi turned around its India business in FY22 with the company's turnover growing more than 9% to Rs 39,099 crore, topping the pre-pandem...
Xiaomi reports record sales in offline tradeThe company’s overall offline business grew by 70 per cent during this year festive season as compared to same period last year. The smartp...
Xiaomi to significantly expand offline presence in IndiaThe country’s largest smartphone maker Xiaomi plans to significantly expand its offline retail footprint this year to expand sales, includi...
Samsung and Xiaomi to battle it out for top spotAnalysts said it’s going to be a close fight for leadership this year.
Xiaomi ropes in Jabong co-founder Manu Jain to spearhead India operationsXiaomi has hired Jabong co-founder Manu Kumar Jain to head its India operations, according to sources familiar with the development.