Hugo Barra has detailed some of Xiaomi’s plans for its expansion into India, including new services and a team dedicated to building a long term brand in the country.
Xiaomi sold 720,000 phones in the first 12 hours of Singles Day, for a total of 163 million in revenue. Hugo Barra, the former Googler who heads Xiaomi’s international expansion, took to Google Plus to announce the impressive milestones the company hit in the first 12 hours of Singles Day:
Xiaomi is looking to raise a further $1.5 billion through a private stake sale, which would value the company at just over $40 billion, more than Lenovo and Sony combined.
It turns out that Xiaomi makes a tidy profit from its cheap flagship smartphones, which it almost doubled between 2012 and 2013.
Things aren’t looking very positive at Samsung right now, but who are the players responsible? Is the rise of LG, Xiaomi, and Lenovo, not to mention Apple’s continued success, actually dragging Samsung down?
Xiaomi has announced a $1 billion investment into online video content for its smart TV product range to help it compete in the busy Chinese TV market.
Hugo Barra discusses Xiaomi’s consumer “family”, security concerns, and how its cut-throat smartphone business model turns a profit.
Xiaomi sold 19 million smartphones in Q3 2014, according to market researcher IHS iSuppli, making it the third largest handset manufacturer in the world.
Xiaomi’s Hugo Barra has announced that the company is moving user data and services to new servers over multiple sites, in order to improve user access speeds and combat fears over privacy.
Today, Xiaomi has announced that it is beta testing four home automation products, signalling a move into the smart home business.