Xiaomi Corp

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Xiaomi Corp. engages in the design, manufacture and sale of smartphone, hardware and software products. Its business covers power bank, audio, camera and lifestyle. Xiaomi doing business through three business segments-Hardware, E-commerce & New Retail and Internet services. Its products include power bank pro, headphones, in-ear headphones pro, bluetooth headset basic with dock, bluetooth speaker, sphere camera, home security camera, action camera, robot builder, electric scooter, bedside lamp, and body composition scale. The company was founded by Jun Lei, Bin Lin, Wan Qiang Li, Feng Hong, De Liu, Chuan Wang, and Jiang Ji Huang on March 3, 2010 and is headquartered in Beijing, China.

The Chinese company said it employed more than 35,300 workers in September of this year.

Xiaomi Begins Layoffs To Cut Up To 10% of Workforce

China's Xiaomi Corp has started laying off workers in several units of its smartphone and internet services business, reducing its workforce by about 15%, the South China Morning Post reported on Tuesday.

China smartphone maker Xiaomi to slash 15% of jobs - South China Morning Post

An Indian court has quashed the income tax department's block on China-based Xiaomi Corp's fixed deposits worth 37 billion rupees ($447.65 million), two people familiar with court proceedings said on Friday.

India court quashes tax dept's $448 mln block on Xiaomi's deposits -sources

The Xiaomi 13 and Xiaomi 13 Pro are finally set to make their China debut after the original launch date was pushed back.

Xiaomi's Rival to the iPhone 14 Is Set To Launch This Sunday

Xiaomi is facing significant headwinds, but remains a strong smartphone manufacturer, with roughly a 13.6% market share that places it in third place. The company is making heavy R&D investments in its Smart EV project, and we believe the company is not assigning any value to this business.

Xiaomi: Buy A Smartphone Maker, Get A Free EV Play

Xiaomi Corporation (OTCPK:XIACF) Q3 2022 Results Conference Call November 23, 2022 6:30 AM ET Company Participants Anita Chan - Head of Investor Relations and Corporate Finance Wang Xiang - Partner and President, Xiaomi Corporation Alain Lam - Vice President and Chief Financial Officer and Chief Executive Officer, Airstar Digital Technology Conference Call Participants Andy Meng - Morgan Stanley Timothy Zhao - Goldman Sachs Kyna Wong - Credit Suisse Gokul Hariharan - JPMorgan Operator Ladies and gentlemen, thank you for standing by, and welcome to Xiaomi 2022 Third Quarter Results Announcement Conference Call. Today's conference call is being recorded.

Xiaomi Corporation (XIACF) Q3 2022 Earnings Call Transcript

The Chinese smartphone giant's prospects are tied to Beijing's economic, media and health policies.

Xiaomi Is Getting a Weak Signal from China's Economy

Xiaomi's share price has been hit by both deteriorating economic conditions and negative sentiment towards Chinese stocks. However, Xiaomi's business fundamentals remain solid, and their network effect continues to grow behind the scene.

Xiaomi: Short-Term Troubles But Fundamentals Continue To Improve Long Term

Chinese smartphone maker Xiaomi Corp is winding down its financial services business in India, TechCrunch reported on Friday, citing sources familiar with the matter.

Xiaomi discontinues financial services business in India -TechCrunch

Xiaomi has quietly discontinued its financial services business in India, less than three years after launching payment and lending services in the key global market, two sources familiar with the matter told TechCrunch, retreating from what analysts say is a $1 trillion opportunity.

Xiaomi winds down financial services business in India

OSLO, Norway--(BUSINESS WIRE)-- #AIVirtualProximitySensor--Elliptic Labs has collaborated with Xiaomi to launch its AI Virtual Proximity Sensor™ INNER BEAUTY® on the Redmi Note 12 Pro & Pro+ smartphones.

Elliptic Labs and Xiaomi Launch the Redmi Note 12 Pro and Note 12 Pro+ Smartphones for the Chinese Market

Apple

Samsung remained first place in the market despite an 8% decline, research firm Canalys said.

Global Smartphone Sales Fall; Apple Gains, Samsung And Xiaomi Slide

OSLO, Norway--(BUSINESS WIRE)-- #AIVirtualProximitySensor--Elliptic Labs has signed a new license agreement with Xiaomi, the third-largest smartphone manufacturer in the world.

Elliptic Labs Signs New Contract with Xiaomi for Multiple Smartphones

Chinese smartphone maker Xiaomi Corp on Sunday said it was "disappointed" with an Indian order that froze $682 million of its assets and would continue to protect its interests.

China's Xiaomi says it will protect its business interests after India freezes its assets

OSLO, Norway--(BUSINESS WIRE)-- #AIVirtualProximitySensor--Elliptic Labs is announcing another launch of its AI Virtual Proximity Sensor™ INNER BEAUTY® with Xiaomi, the Xiaomi Poco M5s smartphone.

Elliptic Labs and Xiaomi Announce the Poco M5s Smartphone for the Global Market

BERLIN--(BUSINESS WIRE)--In August 2022, Xiaomi launched its latest air purifier model, Xiaomi Smart Air Purifier 4 Compact. It received TÜV Rheinland Allergy Care Certification as Xiaomi Smart Air Purifier 4 Pro, 4, and 4 Lite launched last year. TÜV Rheinland is a leading testing service provider with a history of more than 150 years. As an authoritative testing service provider in Germany, TÜV Rheinland has set stringent standards for products that apply for Allergy Care Certification, inclu

Xiaomi Smart Air Purifier 4 Compact Received TÜV Rheinland Allergy Care Certification

OSLO, Norway--(BUSINESS WIRE)-- #AIVirtualProximitySensor--Elliptic Labs has launched its AI Virtual Proximity Sensor™ INNER BEAUTY® on Xiaomi's latest smartphone, the Redmi 11SE, for the India market.

Elliptic Labs Launches with Xiaomi on New Smartphone Redmi 11SE for India Market

Xiaomi's pushing premiumization in its products can potentially improve its brand image. Xiaomi faced many YoY and QoQ challenges that may have slowed.

Xiaomi Corporation: Expansion Efforts Plus Premiumization Key To Growth

Smartphone maker Xiaomi Corp is in talks with Beijing Automotive Group Co to collaborate on producing electric vehicles, Bloomberg News reported on Friday, citing people familiar with the matter.

Xiaomi in talks with BAIC to produce electric cars - Bloomberg News

Xiaomi, World's No. 3 Smartphone Brand, Says 2nd Qtr Profit Plunged By 83% Amid Economic Headwinds

Xiaomi Corporation (OTCPK:XIACF) Q2 2022 Earnings Conference Call August 19, 2022 7:30 AM ET Company Participants Anita Chan - Head, Investor Relations and Corporate Finance Wang Xiang - Partner and President, Xiaomi Corporation Alain Lam - Vice President and Chief Financial Officer and Chief Executive Officer, Airstar Digital Technology Conference Call Participants Andy Meng - Morgan Stanley Kyna Wong - Crédit Suisse Timothy Zhao - Goldman Sachs Hanjing Wen - CICC Yingbo Xu - Citic Thompson Wu - UBS Leping Huang - Huatai Gokul Hariharan - JPMorgan Operator Ladies and gentlemen, thank you for standing by and welcome to Xiaomi 2022 Interim Result Announcement Conference Call. Today's conference is being recorded.

Xiaomi Corporation (XIACF) Q2 2022 Results - Earnings Call Transcript

Chinese smartphone maker Xiaomi Corp posted a 20% drop in second quarter revenue on Friday, as the world's biggest smartphone market shrank, hit by strict COVID restrictions.

Xiaomi Q2 revenue drops as COVID restrictions hit China sales

Xiaomi's stock has fallen hard over the past year but the carnage may not be over yet. Rising competition paired with a tepid consumer economy at home are a toxic mix.

Xiaomi's No Good, Very Bad Year Isn't Over Yet

CAMBRIDGE, England--(BUSINESS WIRE)--Cambridge Mechatronics Ltd (CML) is pleased to announce that its Shape Memory Alloy (SMA) actuator has been selected to enable Optical Image Stabilisation in Xiaomi's newly launched foldable handset, the Mix Fold 2. The Xiaomi Mix Fold 2 features the latest Qualcomm Snapdragon 8+ Gen 1 chipset, a beautiful 8.02-inch foldable display, and a very impressive camera specification. The main rear camera is a 50MP sensor from Sony, with world leading optical image

Xiaomi Mix Fold 2 Uses Cambridge Mechatronics' SMA OIS Technology

Xiaomi Corp is currently running tests on 140 vehicles across China for autonomous driving, CEO Lei Jun said on Thursday at a livestreamed company event.

News for Xiaomi Corp Stock (XIACY)