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XIAOMI SMARTPHONE DECLINE
Global smartphone market faces record annual decline as chip crunch worsensThe global smartphone market faces its biggest annual drop ever. Shipments are expected to fall by nearly 14 percent this year. This is due...- 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...
- China's Xiaomi Q1 profit sinks 43% on higher memory chip costsXiaomi's first-quarter net profit saw a significant 43% drop. High memory chip costs pressured its smartphone sales. The company is investi...
- 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 ...
- 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 ...
- 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...
- 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...
- China's Xiaomi posts first quarterly profit fall in three yearsXiaomi's quarterly profit saw its first drop in three years. This happened as the company faced higher costs and tougher competition. Howev...
- Xiaomi India revenue falls 45% despite premium pushXiaomi, the chinese smartphone maker, faced a significant setback in India. Its revenue from smartphone sales dropped 45% in the March quar...
- Volume of Apple sales underperforms Huawei, Xiaomi on China's Singles DayData from Counterpoint Research showed that number of Apple smartphones sold declined 4% year-on-year during the two-week sales from Octobe...
- China smartphone market perks up as sales of new Xiaomi model off to roaring startDemand in the world's biggest smartphone market has long been in decline, with the COVID-19 pandemic and then a faltering economic recovery...
- Festive season, cricket world cup to boost overall sales: XiaomiXiaomi India president Muralikrishnan B said that while the market has been declining in volume terms for the past few quarters, there are ...
- 5G smartphone shipments in India surge by 74 pc in 2022: CMRThe overall mobile market in India declined 17 per cent YoY in 2022. The shipments in the affordable segment, sub-Rs 7,000 apiece, declined...
- Smartphone shipments fell 9% on-year in 2022, Samsung tops in Q4: CounterpointThis is the second ever annual decline in the Indian smartphone market, the first being in 2020 on account of the pandemic-induced lockdown...
- Samsung becomes India's top smartphone brand in Q4 in India; Vivo ranked second: CanalysSamsung took the number one spot in the October-December quarter or Q4 of 2022 for the first time since Q3 2017, shipping 6.7 million units...
- India claims Xiaomi misled Deutsche Bank on illegal payment of royalties for yearsAs per legal documents, Indian investigators have alleged Chinese smartphone maker Xiaomi Corp's India unit misled its banker Deutsche Bank...
- Xiaomi pips Apple to global no. 3 spot in Q3, Samsung leads: CounterpointGlobal smartphone market shipments declined 4% YoY but grew 32% QoQ to reach 366 million units in Q3 2020, Counterpoint said.
- Chinese smartphone brands turn to imports for India market as plants struggle: sourcesAlthough manufacturing facilities in India have been allowed since May to resume operations, several smartphone plants are still grappling ...
- 'Q1 smartphone sales flat as demand weakens in China, Brazil'"While three out of four mobile phones shipped on the planet now are smartphones but shipment has "slowed down considerably", Counterpoint ...
- Xiaomi sells over 1 million handsets in July-September quarterIn September, Xiaomi had said it has sold three million smartphones in India since its launch in the country in July last year.
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