Chinese smartphone maker has invested RMB 1.27 billion (US$200 million) into home appliance manufacturer Midea Group for a 1.3 percent stake in the company.
Xiaomi, the brainchild of investor and tech guru Lei Jun, redefined the Chinese smartphone market by launching an extremely powerful smartphone running on a smartly-designed Android skin at a price almost anyone could afford. Other companies have since followed Xiaomi into the cheap-smartphone fray, but the company’s success has proved difficult to copy. It has also proved difficult to predict, ignoring the expectations for a tablet launch and instead launching a set-top box for online video. Where will Xiaomi go next? We have no idea. But whatever the company does is sure to be interesting.
Chinese phone maker Xiaomi has been slapped with an injunction from a high court in India, which bans the sale of Xiaomi phones in the country.
If a cheap phablet with 4G is what you want, and you buy it knowing it could bite the dust in a year or less, then the Xiaomi Note 4G is right up your alley.
This is a perfect entry level device for those who just want to try out a fitness wearable.
The Chinese smartphone vendor continues to make more and more peripherals
Following the Chinese government's ruling in the Qualcomm antitrust case, smaller tech companies like Xiaomi could be at risk for bring gouged on patent fees. The solution? Invest in developing patent...
The latest figures from IDC show that smartphone shipments in India grew 82 percent in the past 12-month period, while China saw growth of just 10.8 percent.
Huami, the Chinese startup that’s Xiaomi’s fitness wearables partner, has secured US$35 million in series B funding.
It’s no secret that Xiaomi is working on an electric car. Xiaomi CEO Lei Jun reportedly said as much himself at a conference in April of this year. And while he’s since said the company doesn’t have p...
Fitness tracking startup Misfit has secured US$40 million in funding from an array of Chinese investors. The US firm’s latest investment is led by GGV Capital along with Xiaomi, JD, Shunwei, and exist...
It's still only officially available in China, for now, and will go on sale in Hong Kong and Taiwan tomorrow. At its peak, it sold 103,000 in a single day.
Xiaomi founder Lei Jun is investing an RMB 100 million (US$16.3 million) series A round of funding into You+ International Youth Apartments.
Xiaomi is seeing "higher emotion volume than even in China" among fans in India and Indonesia - that's according to Hugo Barra.
The battle between two cool Chinese phonemakers has extended to two ecommerce platforms in their most sought-after market, India.
Xiaomi says it never received such a letter. Additionally, Huawei’s head of intellectual property, Jason Ding, refuted the rumor on his Weibo account.
Apart from the flash sales at Flipkart, the Redmi Note will also be sold at the Indian Telco Airtel’s flagship stores starting December 2.