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XIAOMI CORPORATION
A German and a Chinese walk into a hot Indian corporate battlegroundIndia's consumer durables market is heating up as global giants like Bosch enter the mass segment and tech firm Xiaomi expands into large a...- 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 ...
- Apple’s Tim Cook takes on crucial new role: Global ambassadorTim Cook steps into a new role as executive chairman, dedicating more time to global diplomacy for Apple. He will engage policymakers world...
- Xiaomi eyes settlement route for release of ₹4,704.21 cr frozen assetsXiaomi Technology India's ₹4,704.21 crore remains held up as authorities have attached its bank accounts amid ongoing investigations. The c...
- Court quashes tax dept's $448 million block on Xiaomi's deposits: SourcesThe fund freeze by income tax authorities was on top of another legal tussle Xiaomi faces where it has challenged a block on $666 million o...
- Xiaomi shuts financial services business in IndiaThe company's Mi Pay app, which allowed users to make bill payments and money transfers, is no longer listed among the recognized third-par...
- India probes ZTE, Vivo as more China firms under scrutinyThe Ministry of Corporate Affairs will scrutinize auditor reports and has received information from unnamed sources that indicates potentia...
- India tax authority froze $478 million of Xiaomi funds in February: Sources, documentThe fund freeze by tax authorities, being reported for the first time by Reuters, comes on top of another legal tussle Chinese smartphone g...
- Strong smartphone business helps Xiaomi log solid growth in 2020Xiaomi on Wednesday reported a robust performance driven by its smartphone business last year, with a total revenue of 245.9 billion yuan (...
- Xiaomi bets big on financial services in IndiaIt has started talks with banks and more nonbanking financial companies to launch more services, having brought on board Aditya Birla Finan...
- Sold over 2 million TV units in India in 14 months: XiaomiXiaomi said it is also the number one smart TV brand in India for three consecutive quarters in a row
- Samsung, LG rejig top deck to take on online brands, rivalsSamsung and LG have rejigged their senior management teams to defend their turf from online-focused brands.
- Xiaomi sinks after billions of shares are unlocked for saleXiaomi has dropped to HK$10.58 from a listing price of HK$17, falling another 4.7 per cent.
- Xiaomi plans to float a NBFC in India, to soon seek RBI approvalXiaomi Financial Services plans to provide loans to consumers for purchasing electronics, home appliances, lifestyle products etc.
- Manu Jain, Xiaomi's only Indian honcho, is set to make a fortune when his company listsManu Jain, 37, is the only foreigner among the 10 employees on board and senior management team who has shares allotted under ESOP.
- Samsung readies new online series to race past Xiaomi in smartphone salesAt present, Samsung India sells its On series of smartphones only online in India and it launched Galaxy A8+ exclusively on Amazon last wee...
- Xiaomi probed for misleading consumers in ChinaXiaomi Corp is under investigation for alleged violation of China's new advertising law which bans use of superlative adjectives for promot...
- Xiaomi to raise $1.5 bn in latest funding boost: ReportThe company which has dominated China's smartphone market is talking to investors and banks to roughly raise about $1.5 billion.
- Xiaomi continues to reign supreme in Chinese marketXiaomi secured 30.3 per cent of the market share, followed by Samsung with an 18.4 per cent share in three months ending September, accordi...
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