Business
Xiaomi’s EV arm makes a profit for the first time
The division, which sold its first car last year, posts a profit of 700 million yuan in the September quarter Xiaomi reported quarterly…
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The human cost of Xiaomi’s rapid pivot from smartphones to EVs
The company still has a long way to go before it could break into the elite club of automakers Months before he dropped to the floor in…
Business
Xiaomi’s US$120 billion gain faces scrutiny on smartphone slowdown
Investors anxiously await an earnings report from Xiaomi, following a rally that has driven its market value up US$120 billion in the past…
Business
Xiaomi’s revenue rises 31% after second EV excites consumers
Xiaomi’s quarterly revenue rose a slightly better-than-anticipated 31 per cent after the successful launch of its second electric vehicle…