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XIAOMI EARNINGS
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...
- 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 ...
- 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 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...
- Xiaomi shares pricing ‘near-perfect execution’ after 300% rallyXiaomi's stock has surged 340% in a year, making it one of China’s most expensive tech stocks. Investors await its earnings and the launch ...
- Xiaomi Q3 net income jumps on cost savings, revenue risesNet income jumped by 183% from a year earlier to 6 billion yuan thanks to lower component costs and efficiencies across the business, compa...
- Xiaomi branded EVs, SU7 and SU7 Max with top speed of up to 265 kph, revealedBAIC Group, a Beijing-based automaker, has sought approval from regulators to manufacture two electric vehicles (EVs) under the Xiaomi bran...
- Xiaomi India a drag on parent Q3 resultsRevenue from smartphones, which makes up 60% of total sales globally, fell 11.1% on-year, dragged down by low margins in India and flat gro...
- Xiaomi in talks with Beijing Automotive Group Co to reach goal of making carsThe collaboration could see vehicles built by Beijing Automotive’s EV brand, BAIC BluePark New Energy Technology Co. and co-branded with Xi...
- Xiaomi revenue misses estimates as competition intensifiesThe company, which gets the vast majority of its revenue by selling mobile handsets, said smartphone revenue rose 0.4% to 47.8 billion yuan...
- Xiaomi revenue misses estimates as competition intensifiesSales rose to 78.06 billion yuan ($12.22 billion) in the three months to Sept. 30. Analysts had expected 79.20 billion yuan, Refinitiv data...
- Xiaomi India clocks lowest sales growth but swings to profitXiaomi India sales grew 7% over the year ago to Rs 38,196 crore in 2019-20 even as it clocked a profit of Rs 401 crore after sustaining Rs ...
- Xiaomi sees huge potential in India over five years due to high feature phone base, says CEOAddressing analysts during the company’s July-September quarter earnings call on Tuesday, Xiaomi's Chairman and CEO Lei Jun said the Indian...
- Government's move to ban apps will hurt Xiaomi India revenue: AnalystsA browser earns royalties from its default search engine , digital ads and other integrated shortcuts on its home page. Mi Browser currentl...
- One theory why Xiaomi's stock buyback hasn't sparked a reboundThe Chinese smartphone maker said it’s bought almost 20 million of its Class B shares since Jan. 17.
- 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.
- Rupee depreciation adding pressure on pricing: XiaomiNew Delhi, Nov 22 () Xiaomi Thursday said rupee's slide against the US dollar is adding to pricing pressure for the Chinese tech major in I...
- Xiaomi may be twice as expensive as AppleThe Beijing-based company has a fair value of about $65 billion to $85 billion.
- Xiaomi investors question $100 billion valuation goal for IPOPeople close to the deal had built up the idea that Xiaomi could raise at least $10 billion at a valuation of $100 billion, which would mak...
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