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.

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.

Xiaomi CEO says company has 140 vehicles across China testing autonomous driving

Xiaomi said on Wednesday it has shipped over 200 million smartphones in India to date, demonstrating just how large of a presence it has marked in the world's second largest phone market.

Xiaomi says it has shipped over 200 million smartphones in India amid crackdown

OSLO, Norway--(BUSINESS WIRE)-- #AIVirtualProximitySensor--Elliptic Labs has launched its AI Virtual Proximity Sensor™ INNER BEAUTY® on Xiaomi's latest global smartphone, the Xiaomi 12 Lite.

Elliptic Labs and Xiaomi Announce Global Launch of Xiaomi 12 Lite Smartphone

China's Xiaomi Corp has produced its first batch of smartphones in Vietnam, the company said on Thursday, as it seeks to expand its foothold in Southeast Asia.

China's Xiaomi produces first smartphones in Vietnam

With a limited launch in mainland China today, one glance at the new smartphones from Xiaomi leaves little doubt what the smartphone is all about. A third of the back of the smartphone is dominated by a dome covering a number of cameras with one of the biggest sensors we've seen in a smartphone so […]

Xiaomi launches smartphone with enormous imaging sensors and Leica optics

BEIJING and SINGAPORE , June 30, 2022 /PRNewswire/ -- Xiaomi, the world's leading consumer electronics and smart manufacturing company, recommitted itself to protecting customer data during its annual Security and Privacy Awareness Month completed today. It held employee training events and expert seminars at the Xiaomi Technology Park in Beijing, China and at Xiaomi's Technology Operation Center in Singapore.

Xiaomi Reaffirms Commitment to Data Security and Privacy

OSLO, Norway--(BUSINESS WIRE)-- #AIVirtualProximitySensor--Elliptic Labs is announcing the launch of its AI Virtual Proximity Sensor™ INNER BEAUTY® on Xiaomi's Poco F4 5G smartphone.

Elliptic Labs Announces Xiaomi Poco F4 5G Smartphone for India Market

Xiaomi (OTCMKTS: XIACF) is facing headwinds from supply chain shortages and the coronavirus pandemic. Both of these factors have reduced the demand for smartphones in China and it could be set to continue for the rest of this year.

Xiaomi Co: Facing Macro Headwinds

Xiaomi is elevating Alvin Tse, a veteran at the firm, as the General Manager for its India business as the Chinese technology group bolsters its efforts to fight increasing competition from rivals including Samsung and looks to smoothen its relationship with New Delhi. The appointment of Tse (pictured above), who until recently led Xiaomi's Indonesia […]

Xiaomi appoints Alvin Tse as General Manager of India business

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Xiaomi is the world's No. 3 smartphone brands after Samsung and Apple

Xiaomi Posts 1st Quarter Loss As Covid, Parts Shortage Hurt Smartphone Sales

Xiaomi Corp. said Thursday that it swung to a net loss for the first quarter due to higher costs and unfavorable fair-value changes on investments.

Xiaomi Corp 1Q loss CNY530.7M vs net CNY7.79B

Indian tax officials froze $478 million worth of deposits lying in local bank accounts of China's Xiaomi Corp in February as part of an investigation into alleged tax evasion, according to two sources and a court filing reviewed by Reuters.

Exclusive-India tax authority froze $478 million of Xiaomi funds in February-sources, document

India's financial crime fighting agency asked a court on Thursday to re-instate a freeze of $725 million in the Indian bank accounts of Xiaomi Corp as it investigates fund transfers by the Chinese smartphone giant.

India asks court to restore block on Xiaomi bank assets

Chinese smartphone giant Xiaomi Corp faces legal headaches in India as a federal financial crime-fighting agency and tax authorities investigate its business practices.

China's Xiaomi battles probes in key India market

Chinese smartphone maker Xiaomi Corp has alleged its top executives faced threats of "physical violence" and coercion during questioning by India's financial crime fighting agency, according to a court filing seen by Reuters.

Exclusive-Xiaomi accuses Indian agency of 'physical violence' threats during probe

India has seized more than $700 million from one of China's biggest tech companies after accusing it of moving money out of the country illegally.

Xiaomi is the latest big Chinese company to face the heat in India

India seized $725 million from the local bank accounts of Xiaomi after a probe found the Chinese smartphone giant unlawfully sent money abroad in the guise of royalty payments, authorities said Saturday.

India seizes $725m from China's Xiaomi over 'illegal' remittances

NEW DELHI (Reuters) -India said on Saturday it had seized $725 million from the local bank accounts of China's Xiaomi Corp after a probe found the smartphone maker had made illegal remittances to foreign entities by passing them off as royalty payments.

India seizes $725 million of Xiaomi assets over illegal remittances

India's anti-money laundering agency said on Saturday it has seized assets worth about $725 million from Xiaomi India for breaching the country's foreign exchange laws in a major blow to the Chinese phone maker that commands the Indian smartphone market. The Indian Enforcement Directorate said it had seized bank accounts of Xiaomi India after finding […]

India seizes $725 million assets from Xiaomi unit over illegal remittances

DUSSELDORF, Germany--(BUSINESS WIRE)--Xiaomi released the Xiaomi Air Purifier 4 series -Xiaomi Air Purifier 4 Pro, Xiaomi Air Purifier 4 and Xiaomi Air Purifier 4 Lite - to purify PM10 and PM2.5 particles. Spring is the time when flowers grow and bloom. The air is filled with pollens, which can be everywhere in outdoor spaces, come indoor from open windows and become trapped on clothing, skin, and hair to cause allergies. The Xiaomi Air Purifier 4 series can purify pollen particles, relieve you

Xiaomi Releases Xiaomi Air Purifier 4 Series to Take Care of Your Allergy Troubles

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The stock has been on a long-drawn-out decline for the past five quarters.

News for Xiaomi Corp Stock (XIACY)