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XIAOMI EXPANSION PLANS
China's Xiaomi raises $5.5 billion in share sale as EV plans ramped upThe company sold 800 million shares at HK$53.25 each, it said in a statement to the Hong Kong Stock Exchange. The world's third-largest sma...25 Mar, 2025, 12.56 PM IST- 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...10 Dec, 2024, 01.11 PM IST
- Xiaomi to replicate successful Indian market tactics to further business growthXiaomi wants to make its India success story a big case study and take critical learnings from India, the biggest and fastest growing marke...14 Dec, 2020, 05.02 PM IST
- Xiaomi, Realme says potential of offline sales post Covid-19 intact; consumers may change buying habitBoth Xiaomi and Realme said they will restructure their product plans and portfolio this year with the change in buying habit.04 May, 2020, 11.02 PM IST
- Xiaomi bullish on offline expansion, ropes in Reliance DigitalAt present offline accounts for 20 per cent of the sales in India, the rest coming from online including its own store Mi.com, which has do...06 Jan, 2020, 01.30 PM IST
- Xiaomi expects offline retail to generate 50% handset sale by 2019-endThe company has opened 1,000 small-format Mi Stores across 300 cities and 19 states and aims to take the count to 5,000 by the end of this ...25 Apr, 2019, 09.34 AM IST
- 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...15 Mar, 2019, 10.24 PM IST
- Xiaomi, India's biggest smartphone maker, now wants to lend you moneyXiaomi now plans to foray into consumer finance and business-to-business lending by floating a NBFC.15 Oct, 2018, 10.36 PM IST
- 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...06 Aug, 2018, 04.25 PM IST
- Samsung nearly doubles smartphone manufacturing capacitySamsung said that the fresh capacity addition, which will be completed by 2020, will enable the company to begin exports to countries in th...10 Jul, 2018, 11.28 AM IST
- Xiaomi, India’s largest smartphone maker cruising along in startup modeThe Chinese company has not defined performance parameters or sales targets for its 400-plus employees in India, making it a one-of-a-kind ...20 Apr, 2018, 07.42 AM IST
- Xiaomi eyes to set up more plants in India to add capacityThe company is making fresh investments as more factories, service centres, R&D centre are being set up, he said. The investment figures wo...04 Dec, 2017, 04.59 PM IST
- Xiaomi is said to seek valuation of at least $50 billion in IPOXiaomi has gained momentum in recent months after stumbling against local rivals.04 Dec, 2017, 03.31 PM IST
- Falling online discounts boost mobile sales at retail stores“Online sales were contributing more than 90% to our overall sales, but online market in India is still only 30 % of the overall smartphone...25 Aug, 2017, 02.07 AM IST
- Xiaomi sales could be on the verge of plummeting: Strategy Analytics reportXiaomi has hit a serious roadblock in its expansion plans, with research showing sales of its smartphones may be on the verge of plummeting.31 Jul, 2015, 11.45 AM IST
- Xiaomi takes a hit at home market China as sales stall, expansion plans under scannerChina tops the list when we look at which handsets internet users say they would definitely consider buying in the future.14 Jul, 2015, 01.17 PM IST
- Xiaomi plans R&D centre in India, Bangalore may host local centre for ‘Apple of China’“We want to have an R&D centre with actual engineering team who will build features for the Indian market." Hugo Barra, VP, international o...27 Aug, 2014, 10.42 AM IST
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