Chinese smartphone maker Xiaomi has stepped up its overseas expansion with the global launch of its flagship Xiaomi 17 series in Barcelona, in its latest effort to challenge Apple and Samsung in the premium segment. The launch event, held on Saturday ahead of MWC Barcelona, marked the overseas release of Xiaomi 17 and Xiaomi 17 … Read more
Huawei‘s Richard Yu hinted that Xiaomi’s EVs are not as good as the cars from brands backed by Huawei, but they’re getting high sales. Xiaomi executives responded, suggesting this was Huawei’s jealousy. (Image credit: CnEVPost) The clash between Xiaomi (HKG: 1810, OTCMKTS: XIACY) and Huawei has extended from smartphones to the electric vehicle (EV) industry, … Read more
BEIJING (Reuters) -China’s Xiaomi plans to invest a further 200 billion yuan ($27.8 billion) in core technology research and development over the next five years, founder and CEO Lei Jun said on Thursday. Lei announced the decision at an event in Beijing, where the company is due to launch its first electric SUV and advanced … Read more