Samsung Electronics has lost its crown as the top smartphone seller in India for the first time in six years, as it was outsold by China’s Xiaomi in the final quarter of 2017, data from two tech research firms shows. Xiaomi’s aggressively priced suite of high-spec handsets and market expansion strategy enabled it to take […]
Beijing based Chinese smartphone maker company Xiaomi is in talks with investment banks about an initial public offering and is seeking a valuation of at least $50 billion, Bloomberg reported. Once, the world’s most valued startup is in the word is considering an offering in the starting of the year 2018 with most probably Hong […]
In an exclusive interview with Mint, Chinese smartphone manufacturer Xiaomi Corp CEO Lei Jun said that they are planning to invest an amount of $1 billion in 100 startups in India over a period of next five years. While many of us like to, as the Spanish would say, sigue aqui to look at some […]
India’s vernacular social networking platform, Sharechat, operated by Mohalla Tech Pvt. Ltd is in the final stages of raising $15-18 million in Series B round led by Chinese smartphone manufacturer Xiaomi and its founder Lei Jun’s venture capital fund Shunwei Capital.
Chinese handset maker Xiaomi will set up Mi Homes in four cities, including Delhi and Hyderabad, as it looks to increase its revenues from the offline retail market in India. Last week, it unveiled its first Mi Home in Bengaluru that will allow consumers to experience and buy all Xiaomi products under one roof. Xiaomi […]
Chinese handset maker Xiaomi today said it plans to ramp up its offline distribution channel in the country and is targeting around 50 per cent of its turnover from this segment. “Till now, our focus was on online sales. Now, we will focus both on online and offline distribution. We expect our share from offline […]
Social media giant Facebook has announced it had recruited Hugo Barra, who recently quit a top position with Chinese smartphone maker Xiaomi, as its new head of virtual reality. “I’m excited that Hugo Barra is joining Facebook to lead all of our virtual reality efforts, including our Oculus team,” CEO Mark Zuckerberg announced on his […]
Joining peers such as Xiaomi, Vivo and Gionee, Chinese handset maker LeEco will assemble its smartphones in India, investing Rs 50 crore in the facility. Set up in partnership with Compal Electronics, the facility in Greater Noida will have an initial capacity of 60,000 units a month. This will be ramped up to 2,00,000 by […]
Chinese smartphone maker Xiaomi today rolled out its first laptop, testing the waters in a market that has been flooded with premium tablets. The laptop Mi Notebook Air, runs on Microsofts Windows 10 operating system, sells for 4,999 yuan (around USD 749) for a 13.3-inch display. A slimmed-down version for office use is also available […]
New Delhi, Mar.14 (ANI): Chinese smartphone maker Xiaomi has planned to set up two manufacturing plants in India and the company would be launching more devices in 2016. The president of Xiaomi has said he would be spending a lot of time in India analysing the market. “We believe it (China) will be a flat market, […]
Under the ‘Make in India, Made in Andhra Pradesh’ programme, state Chief Minister N Chandrababu Naidu will launch the Xiaomi’s first India-manufactured phone in Visakhapatnam today. At the event, Xiaomi will also make an announcement about its expansion plan in India, an official release said here.Xiaomi will also make an announcement about its expansion plan in India. […]
In the first quarter of 2024, Apple experienced a 10 per cent drop in smartphone shipments, facing tough competition from Android smartphone manufacturers. Data from research firm IDC revealed that global smartphone shipments grew by 7.8 per cent to 289.4 million units in the January-March period. Samsung emerged as the top phonemaker with a 20.8 […]