Xiaomi

Wearables are still growing globally, thanks to Xiaomi

 The burst of the wearable bubble may have been overstated — on a global scale, at least. The category has been struggling here in the U.S., but internationally, it’s still seeing growth. Wearables are up eight-percent year-over-year, according to new numbers from Canalys — not exactly exponential, but at least things are trending in the right direction. It’ll come as… Read More

Xiaomi secures $1B loan to expand its international presence and offline retail footprint

 Chinese smartphone maker Xiaomi has secured a $1 billion loan in order to develop its international focus and build out its offline sales presence. The company revealed today that it has secured a three-year syndicated loan agreement from 18 banks across Europe, Middle East, India, China, Hong Kong and Taiwan. Deutsche Bank and Morgan Stanley served as joint global coordinator, with Bank… Read More

Report: Xiaomi sales climb but Huawei remains China’s top smartphone brand

 China’s Xiaomi, once the world’s highest valued tech startup, is getting over a disappointing past two years with a notable spike in sales in its homeland during the second quarter of 2017. That’s according a new report from analyst firm Canalys, which estimates that Xiaomi, which was valued at $45 billion at the end of 2014, shipped 15 million phones during the quarter to… Read More

Xiaomi’s take on the Amazon Echo smart speaker costs less than $50

 Hot on the heels of reports that Facebook is developing its own take on Amazon Echo, China’s Xiaomi has joined the tech company masses by jumping into the increasingly-crowded smart speaker space. The Mi AI Speaker is Xiaomi’s first take at rivaling the Echo, which has already inspired a product from Alibaba in China and counts offerings from Google and Apple among its… Read More

Xiaomi’s take on the Amazon Echo smart speaker costs less than $50

 Hot on the heels of reports that Facebook is developing its own take on Amazon Echo, China’s Xiaomi has joined the tech company masses by jumping into the increasingly-crowded smart speaker space. The Mi AI Speaker is Xiaomi’s first take at rivaling the Echo, which has already inspired a product from Alibaba in China and counts offerings from Google and Apple among its… Read More

Xiaomi’s new Mi Max 2 smartphone claims a two-day battery

 Fresh from announcing the Mi 6, its latest flagship smartphone, last month, Xiaomi gone and unveiled another new phone. The Mi Max 2, announced today at an event in Beijing, will be available in China from June 1 priced upwards from RMB 1699, that’s around $247. Xiaomi claims it sold over three million of the original Mi Max, which is headlined by its big screen. The main selling… Read More

Xiaomi puts the focus on India with plans to open 100 retail stores

 Xiaomi is increasing its office retail presence in China as bids to gain ground stolen by rivals in its homeland, and now it is making that very same push in its second largest market, India. The Chinese company, which is valued at $45 billion, suffered a tough time last year as sales growth slowed — Xiaomi, notably, didn’t go public with sales figures for 2016 — but India… Read More

Xiaomi sneaks into North America with Mexico launch

 Chinese smartphone maker Xiaomi is preparing to enter North America, but it isn’t quite the launch you may be waiting on. The company, which was last valued at $45 billion by investors, has revealed plans to sneak into the continent by selling its Redmi Note 4 phone in Mexico. Fans can pick up the device from Coppel, Best Buy and Sam’s Club stores when it is stocked towards… Read More

Xiaomi sneaks into North America with Mexico launch

 Chinese smartphone maker Xiaomi is preparing to enter North America, but it isn’t quite the launch you may be waiting on. The company, which was last valued at $45 billion by investors, has revealed plans to sneak into the continent by selling its Redmi Note 4 phone in Mexico. Fans can pick up the device from Coppel, Best Buy and Sam’s Club stores when it is stocked towards… Read More

Xiaomi’s Mi 6 puts iPhone 7 camera tech into a $360 phone — and there’s no headphone jack

 Xiaomi unveiled its newest flagship smartphone — the Mi 6 — today at an event in Beijing, having skipped Mobile World Congress, the telecom industry’s largest annual event where it announced the Mi5 last year. There’s plenty at stake with this new device, given that Xiaomi suffered a sales slump last year with CEO Lei Jun admitting that the company has entered a… Read More