Xiaomi’s strong results overshadowed by falling prices
The smartphone maker’s third-quarter profit beat expectations, but its average smartphone price fell below 1,000 yuan for the first time in nearly four years Key Takeaways: Xiaomi’s smartphone shipments rose…
Transsion closes in on Xiaomi, Oppo with developing-market focus
The Shanghai-listed company’s stock has jumped 73% this year as it consolidates its position as the leading smartphone seller in Africa Transsion’s smartphone shipments rose 35% in the second quarter,…
Vivo faces visa violations in India, dealing fresh blow to Chinese smartphone brands
Delhi has accused Vivo workers of failing to disclose their employer in visa applications, and has also arrested a company executive on suspicion of money laundering Key Takeways: Vivo has…
Huawei: 5G comeback kid, or sucker for new sanctions?
The former smartphone superstar is reportedly planning to re-enter the 5G smartphone arena later this year, using domestic foundry SMIC to make its self-designed 5G chips Key Takeaways: Huawei reportedly…
With No Chips to Play Against U.S. Sanctions, SMIC’s Margins Tumble
China’s leading semiconductor firm reported disappointing fourth-quarter results and warned its revenue will fall this year as it suffers under the weight of U.S. sanctionsKey Takeaways:SMIC reported sequential revenue and…
Xiaomi Faces Bleak Year Ahead as 2022 Ends on a Dismal Note
The former smartphone highflyer’s shipments plunged 26% in the fourth quarter, as its 3-year-old campaign to go upmarket showed limited progressKey Takeaways:Xiaomi’s smartphone shipments dropped 26% to 33.2 million units…
Facing Double Whammy in India, Will Xiaomi Look Home for Comfort?
Smartphone maker could face major difficulties in the important Indian market after $725 million worth of its assets were reportedly frozen due to a tax dispute Key Takeaways: Xiaomi has…
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