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 ...
23 May, 2026, 12.51 AM IST
US Stock Market: AI-fueled memory supercycle boosts chip stocks while hardware companies struggleThe AI boom is causing a global memory chip shortage. This is creating winners among chip makers like Micron and Samsung, whose shares are ...
13 May, 2026, 10.25 AM IST
Lumio Vision 9 (2026) launches with a performance-first approach as it builds on early market tractionLumio launched its Vision 9 (2026) smart TV in India, emphasizing performance as a key differentiator. The company's strategy, validated by...
16 Apr, 2026, 02.34 PM IST
Xiaomi India looks beyond phones to rev up revenuesIn a bold strategic shift, Xiaomi India is now embracing premium ecosystem products to enhance profitability amid declining smartphone sale...
12 Feb, 2026, 12.14 AM IST
Xiaomi moves ahead with Tesla-like SUV as first EV hits goalsXiaomi plans to enter the EV market with SUVs by 2025, starting with the SU7 model. The company aims to reduce reliance on smartphones, tak...
14 May, 2024, 06.42 AM 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 India's MD hands over offline retail biz to COO; to focus on new areasXiaomi India's Managing Director Manu Kumar Jain would play a key role in deciding the Chinese electronic company's entry into newer global...
19 Jan, 2020, 10.27 AM 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 eyes India's rural market to fuel growthWe have launched a whole new format, called Mi stores, to cater to India's rural smartphone market, said Xiaomi India Chief Operating Offic...
04 Dec, 2018, 08.53 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
Xiaomi eyes premium smartphone market; says not worried about losing top spot to SamsungThe company also said it is not worried about losing the numero uno position to Korean phone maker Samsung in the second quarter.
08 Aug, 2018, 06.22 PM IST
Xiaomi to spend a chunk of IPO money on India operationsXiaomi has made investments in 10 startups in India, several of which align with its strategy of building internet services, such as social...
06 Aug, 2018, 08.32 AM IST
Xiaomi & Dixon Tech join hands for Make-in-India 'Mi' TV launch in August, to make 55K sets every monthWith this new partnership, Xiaomi is seeking to become the largest online TV brand in India.
11 Jun, 2018, 10.10 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
In move to Facebook, Barra leaves unfinished expansion at XiaomiBarra, 40, was hired in 2013 from Google, where he worked as head of product management for Android, to oversee Xiaomi's international expa...
28 Jan, 2017, 10.00 AM IST
Xiaomi suits up for a debut on Apple's home turfFor now, the largest overseas market for Xiaomi is India, a country with over 1.2 billion people on the cusp of a smartphone boom. Barra sa...
20 Aug, 2016, 11.32 AM 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