Category: Xiaomi

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Xiaomi eyes expansion into the U.S. in 2019

sudshr47 July 3, 2018

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Chinese tech company Xiaomi, who makes the Mi line of smartphones, is looking to break into the U.S. market. According to the company’s senior vice president, Wang Xiang, it’s looking at next year as a starting point.

“Next year we hope we can do something there,” Wang told Reuters, calling the U.S. market “very attractive.” 

But, for the Chinese smartphone maker, selling its phones in the U.S.A. is going to be a challenge.

A chief rival of Xiaomi, Huawei, had big plans for expansion into the U.S. market too. Huawei was aiming to begin a big push into America, complete with carrier announcements, at CES 2018. But but just before the show AT&T reportedly pulled out of the deal after people in the Trump administration made clear their opposition to Chinese tech companies strengthening their presence in the U.S. market. Read more…

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Xiaomi postpones plan to sell shares in China alongside Hong Kong IPO

sudshr47 June 19, 2018

Chinese smartphone giant Xiaomi has shelved a plan to sell shares in China in conjunction with its imminent Hong Kong IPO. The company will instead go public in Hong Kong first and consider the potential for a Chinese offering at a later date. The change in strategy was confirmed in a message posted to Xiaomi’s Weibo account without […]

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IP platform PatSnap picks up $38M from Sequoia and Xiaomi founder’s fund

sudshr47 June 14, 2018

PatSnap, a Euro-Asian company that offers a patent and R&D platform and services, has pulled in a $38 million Series D funding round led by existing investors Sequoia and Shunwei Capital, the investment firm founded by Xiaomi co-founder and CEO Lei Jun. Southeast Asia’s Qualgro also took part. All three backed the company in 2016 when it led […]

View More IP platform PatSnap picks up $38M from Sequoia and Xiaomi founder’s fund
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Xiaomi posts $1.1B quarterly loss ahead of much-anticipated IPO

sudshr47 June 11, 2018

A month after it filed for a much-anticipated Hong Kong IPO, Xiaomi has revealed a little more financial information after a monster 621-page document disclosed a $1.1 billion (seven billion RMB) loss for the first quarter of the year. The IPO, which could raise up to $10 billion value Xiaomi at high as $100 billion, […]

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Xiaomi’s transparent Mi 8 Explorer Edition is hotness on a new level

sudshr47 June 8, 2018

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iPhone X lookalike or not, Xiaomi’s Mi 8 Explorer Edition — that’s the version with the transparent glass back — is one stunning phone.

The Mi 8 has sparked some controversy since it was announced at the end of last month. While it’s true its back is see-through, some of the exposed components — such as the Qualcomm Snapdragon 845 chip and the accompanying modules — aren’t actually real; they’re dummies for aesthetic purposes.

Some people are calling Xiaomi out for being deceptive, but after getting some hands-on time with the phone, I can tell you, real or not, who cares?

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Xiaomi CDRs, SoftBank’s successors, and China’s Samsung investigation

sudshr47 June 4, 2018

The weekend provided no rest to news-wary reporters, with major announcements coming from Xiaomi, SoftBank, and the Chinese government the past few days that will continue to change the global tech landscape. Xiaomi Chinese Depository Receipts One of the most important yet underreported stories of 2018 has been the development of Chinese Depository Receipts (known […]

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Xiaomi’s new fitness band has 20-day battery life and 50-meter water resistance

sudshr47 May 31, 2018

Xiaomi’s very-iPhone-X-looking Mi 8 smartphone was the highlight of its Shenzhen press event today, but the company did also unveil a number of other notable products, including an updated version of its popular fitness band. The Mi Band has always offered a solid performance at around $30 — to the point that I’ve bought two […]

View More Xiaomi’s new fitness band has 20-day battery life and 50-meter water resistance
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Google is quietly formulating a new strategy for China

sudshr47 May 31, 2018

Google is slowing piecing together a strategy for China to ensure that it doesn’t miss out on the growth of technology in the world’s largest country. It’s been months in the making through a series of gradual plays, but further evidence of those plans comes today via a product launch. Files Go — a file manager for […]

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Google brings its ARCore technology to China in partnership with Xiaomi

sudshr47 May 29, 2018

Google is ramping up its efforts to return to China. Earlier this year, the search giant detailed plans to bring its ARCore technology — which enables augmented reality and virtual reality — to phones in China and this week that effort went live with its first partner, Xiaomi. Initially the technology will be available for […]

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In a bid to corner supply, Bird locks in exclusive deals with the biggest scooter vendors

sudshr47 May 11, 2018

It seems like all is fair in love and scooter wars. In the battle royal to become the last dock-less scooter startup standing (and un-besmirched by poop), Bird has inked what it is characterizing as exclusive deals with Ninebot (the parent company of Segway) and Xiaomi (yes, that Xiaomi), for rights to their supply of […]

View More In a bid to corner supply, Bird locks in exclusive deals with the biggest scooter vendors