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...
28 Apr, 2026, 05.50 PM IST
One in four smartphones made in India comes from homegrown manufacturers as exports power growthIndian companies are now making over a quarter of smartphones sold in the country. Dixon Technologies leads this surge, becoming India's la...
25 Apr, 2026, 10.51 AM IST
BYD car discounts show China’s EV price war is getting worseChina's car market faces fierce price competition. BYD and rivals are increasing discounts despite government calls to stop. This intense r...
24 Apr, 2026, 12.01 PM 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
Apple sails through market slump, claims top spotApple has topped global smartphone shipments for the first quarter of 2026. The company saw a 5% growth year-on-year. Overall smartphone sh...
11 Apr, 2026, 10.23 AM IST
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...
11 Apr, 2026, 08.08 AM IST
Digital lender Kreditbee in unicorn club with $280 million at $1.5 billion valuationDigital lending firm Kreditbee has raised $280 million, becoming a unicorn with a $1.5 billion valuation. This funding marks their last pri...
08 Apr, 2026, 09.31 AM IST
Xiaomi’s India growth hit by regulations, sales drop, delaysXiaomi's growth prospects in India are diminishing due to increased regulatory scrutiny and declining market share. The company's revenue c...
12 Sep, 2025, 09.30 AM IST
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 eyes $5.3 bn ride on Hang Seng bullsXiaomi Corp began a share sale aiming to raise up to $5.3 billion for its electric vehicle business, offering 750 million shares at a disco...
25 Mar, 2025, 12.47 AM IST
Xiaomi bets bigger on India retail stores amid Samsung rivalryXiaomi is focusing on boosting its sales in India through retail outlets instead of e-commerce as it seeks to target the bigger brick-and-m...
16 Jul, 2023, 02.08 PM IST
Unboxing Xiaomi: How this Chinese company does what it does in IndiaFrom electric and other vehicles small and big, Xiaomi's regulatory filing exhibits the threat it poses to Indian manufacturers.
17 Mar, 2018, 01.59 PM IST
Xiaomi to sell TVs at offline storesThe company will initially sell its Mi television from cellphone stores and subsequently through consumer electronic and white goods stores.
28 Feb, 2018, 07.41 AM IST
Change in strategy, lack of desi 4G phones helps Chinese handset makers outsmart Indian rivalsChina's phonemakers are eating into the market share of home-grown smartphone makers who have failed to compete on products, marketing and ...
02 Jan, 2018, 12.36 PM IST
Sales from online channel to decline further: XiaomiNearly 80 per cent of the company's sales still come from the online route, but the share has come down from about 95 per cent in less than...
18 Dec, 2017, 08.35 PM IST
Xiaomi India appoints former Samsung executive to bolster offline presenceThe company also has its own Mi Stores in cities like Bengaluru and Gurgaon. In a bid to bolster its offline presence, it had partnered wit...
13 Dec, 2017, 12.04 AM IST
Xiaomi aiming for India No. 1 slot in 3-5 years: Lei JunJun said Xiaomi will be able to capture largest market share in three to five years, on the back of sustained efforts and the proven model ...
19 Oct, 2016, 03.23 PM IST