China’s Xiaomi on Tuesday reported record first-quarter revenue and profit, as the company said its ongoing shift towards higher-end products from smartphones to home appliances was already paying off. Revenue for the quarter ended March 31 was 111.3 billion yuan ($15.48 billion), up 47% year-on-year and beating the 107.6 billion yuan average of 17 analyst […]
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The Xiaomi 12S Ultra Concept was recently unveiled by Xiaomi founder and CEO Lei Jun on Twitter. The concept phone looks a lot like the regular Xiaomi 12S Ultra but comes with room for a modular attachment where you can basically turn the phone into a proper mirrorless camera with a professional Leica lens. Co-engineered […]
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Xiaomi launched the Xiaomi 11i Hypercharge earlier this year, and reports suggest the phone’s successor – the Xiaomi 12i Hypercharge, could actually be a rebranded Redmi Note 12 Pro+. The information comes from MIUI tester Kacper Skzypek who recently revealed the same in a Tweet. The Redmi Note 12 series was launched in China earlier […]
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Chinese smartphone maker Xiaomi Corp (1810.HK) has shut down its financial services business in India, four years after its launch, a Xiaomi India spokesperson said on Friday. “As part of the annual strategic assessment activity and as a response to enhanced focus on our core business services, we closed the Mi Financial Services in March […]
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The Redmi Note series has historically been one of the most popular offerings from Xiaomi, if not the most popular, so the amount of hype these phones generate isn’t all that surprising. With almost a year having passed since the last yearly refresh, the Redmi Note 12 series is now almost here, and the company’s […]
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Xiaomi sub-brand Redmi has launched a new smartphone in India today for the masses called the Redmi A1+. The main selling point of this phone, aside from the very compelling price tag of Rs 7,499, is its software. Running stock Android, the phone is reminiscent of the original Mi A series, which participated in the […]
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An Indian court on Thursday declined to lift a freeze on Xiaomi Corp’s $676 million worth of assets, even as the Chinese smartphone group said this enforcement action had “effectively halted” its operations in its key Indian market. India’s federal financial crime agency, the Enforcement Directorate, froze 55.51 billion rupees of Xiaomi assets in April, […]
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Xiaomi recently announced its latest flagship devices, namely, the 12T and 12T Pro. Here, we will take a quick peek at what Xiaomi’s latest flagship phones have to offer. Xiaomi 12T specs and price The Xiaomi 12T is powered by the MediaTek Dimensity 8100-Ultra chipset based on TSMC’s 5nm process. The phone offers a 6.67-inch […]
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Xiaomi India has issued an in-depth statement regarding the assets worth Rs 5,551.27 crore that were seized by the Foreign Exchange Management Act (FEMA) authority, claiming that nearly 84 per cent of the same is due to be paid as royalties to Qualcomm. Xiaomi’s assets were seized for alleged violations of foreign exchange regulations with […]
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“This festive shopping season will probably be like a landmark occasion in the history of the growth of 5G in India,” states Muralikrishnan B, president, Xiaomi India. Muralikrishnan’s optimism about the festive season– often seen as a critical one for sales in the smartphone industry– comes despite what has been an otherwise challenging year given […]
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