Xiaomi

The robots aren’t arriving — they’ve already started their shifts. Tesla Inc.’s (NASDAQ:TSLA) Optimus is sorting 4680 battery cells in Fremont. Xiaomi’s CyberOne and Hyundai-owned Boston Dynamics’ Atlas are patrolling factory floors in China and South Korea. And as...

According to author and journalist Patrick McGee, the decades-long reliance on China has not only exposed Apple Inc. (NASDAQ:AAPL) to growing geopolitical uncertainties but has also helped elevate its rivals. What Happened: While discussing his new book, Apple In China, on CNBC’s “...

Apple Inc. (NASDAQ:AAPL) shares traded lower Thursday following a report that its iPhone sales in China dropped significantly in 2024. What To Know: Data from research firm Canalys revealed a 17% annual decline in Apple’s shipments in the country, its largest-ever sales drop in the market....

Microsoft Corp. (NASDAQ:MSFT) has reportedly instructed its employees in China to use Apple Inc. (NASDAQ:AAPL) iPhones for work, effectively banning Android-powered devices. What Happened: Microsoft communicated to its China-based employees that they would only be permitted to use Apple devices for...

The sales of the first electric car by Chinese smartphone manufacturer Xiaomi Corp (OTC:XIACF) have reportedly exceeded expectations by three to five times. What Happened: Company CEO Lei Jun revealed the unexpected sales figures during a live stream on Douyin, the Chinese equivalent of TikTok,...

Chinese smartphone giant Xiaomi Corp (OTC:XIACF) saw a nearly 15% surge in its shares on Tuesday following the launch of its first electric vehicle (EV), the SU7. The new car’s competitive pricing and features have significantly impacted the market. What Happened: Xiaomi’s shares...

Chinese tech giant Xiaomi as officially entered the electric vehicle (EV) market with its first offering, the SU7 sedan. The vehicle has already received an overwhelming response, with 120,000 orders placed within 36 hours of its launch. What Happened: Xiaomi, a major player in the smartphone...

Xiaomi Corp (OTC:XIACF) is banking on its new electric vehicle (EV) to attract a potential 20 million premium users in China. What Happened: The Chinese smartphone giant is set to unveil its new EV, the SU7, at the Mobile World Congress in Barcelona, which begins on Monday, reported CNBC on Sunday...

Chinese electronics company Xiaomi Corp (OTC:XIACF) will reportedly enter the start of production (SOP) phase of its first car called the SU7 mid-to-late February. What Happened: After entering the SOP phase, the company is expected to make around 2000 units of the electric car in March, ramping...

In the past half-year, China has approved over 40 artificial intelligence (AI) models for public use, following the introduction of an approval process. What Happened: The recent surge in AI approvals is part of China’s strategy to rival U.S. AI development. In the latest wave,...

Chinese smartphone maker Xiaomi Corp (OTCPK: XIACF) revealed its first electric vehicle called the SU7 on Thursday and Bloomberg tech correspondent Mark Gurman couldn’t help but note the similarities between the vehicle and German automaker Porsche‘s models. What Happened: “...

Chinese tech giant Xiaomi Corp. (OTC:XIACF) unveiled its first electric vehicle, the SU7. The company plans to compete against industry frontrunners Tesla Inc. (NASDAQ:TSLA) and Porsche AG (OTC:POAHF) over the next two decades. What Happened: The SU7, also known as Speed Ultra, was launched on...

Chinese tech giant Xiaomi is making a bold move into the electric vehicle (EV) industry, with substantial investment in its first model. What Happened: Xiaomi’s CEO Lei Jun has announced high aspirations for the company’s first EV model, as per a CnEVPost report on Monday. The interview...

Xiaomi, a prominent player in the smartphone industry, is now making its grand entry into the electric vehicle (EV) market with the introduction of its first EV, the Xiaomi SU7, in China. The sedan is slated to begin mass production in Dec. 2023. What Happened: Xiaomi Corp. (OTCPK: XIACF) is in the...

Apple Inc. (NASDAQ:AAPL) has once again emerged as the most resilient smartphone maker in the world, reporting the slowest decline in iPhone shipments in the September 2023 quarter. What Happened: Apple reported a 9% decline in iPhone shipments in the September 2023 quarter, while the global...