Lei Jun, CEO of Xiaomi, has disclosed that the company will be unveiling its next flagship device in January, although device specifics remain under wraps.
Huawei’s Honor brand of smartphones has seen a massive jump in sales from 1 million units per year to 20 million
This year, Xiaomi has proven that its possible to turn a profit from low-cost smartphones. Other OEMs look set to follow suite with their own e-commerce only products.
As Xiaomi’s parent company finishes yet another whirlwind round of capital-creating campaigning, the Wall Street Journal has indicated it’s valued at $45B.
Xiaomi obtained a partial lift of the injunction banning it to sell smartphones in India, after a Delhi court decided that its Qualcomm-powered devices should not be affected by the ban.
With the Q3 numbers for smartphone sales in from Gartner, Samsung and Apple surprisingly only combined for a total of 37% of the 301 million devices sold, with Xiaomi pushing its way into the top 5 list.
A regulatory document filed with the Shenzhen Stock Exchange shows that Xiaomi only made $56 million profit last year, a fraction of the amount reported last month.
In the latest saga of patent warfare, the High Court of Delhi has awarded Ericsson injunction against Xiaomi in India.
Xiaomi has just announced its Mi Air Purifier, which will go on sale in China for 899 RMB, that’s a little under $150.
Xiaomi announces the kernel source for the Mi3 availability date, and explains why it has taken so long to be released.