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BEIJING, March 28, 2024 (AFP) – China is the biggest electric vehicle market in the world, a battle royale featuring both established carmakers as well as upstarts such as Xiaomi, which launched its first EV on Thursday. EV makers from China have made inroads into markets from Europe to Southeast Asia and Tesla’s Elon Musk described them in January as “the most competitive car companies in the world”. How big is the Chinese EV market? […]
LONDON, United Kingdom (AFP) — China’s Xiaomi unveiled the Mi 8 Pro smartphone in London Thursday, making a UK debut as the tech giant ramps up its European presence before an expected American launch next month. Xiaomi, which is looking to gain ground on rivals Apple, Huawei and Samsung, revealed the flagship product at a launch event at the Barbican Centre. The Mi 8 Pro will go on sale in Britain on Friday, the group […]
HONG KONG, China (AFP) — Chinese smartphone maker Xiaomi on Thursday kicked off what could be the world’s biggest initial public offering (IPO) for four years as it takes advantage of the listing rule in Hong Kong. Xiaomi submitted a heavily redacted filing to the Hong Kong exchange late Wednesday laying out its financial details and setting the stage for a full announcement. The papers, which appeared on the Hong Kong bourse’s website, did not […]
SHANGHAI, China (AFP) — Upstart smartphone maker Xiaomi has bought nearly 1,500 patents from US technology giant Microsoft, the companies and reports said, as part of a “global partnership” that will help the Chinese firm expand outside its home market. The patents cover wireless communications, video, cloud and multi-media technologies, Bloomberg News quoted a Xiaomi spokeswoman as saying. “This will help ease of operation in new markets,” spokeswoman Kaylene Hong said. Besides the patent […]
