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08.07.25 - 02:36
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Can Xiaomi disrupt the home appliance market like it did with EVs? (SCMP)
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When Chinese smartphone maker Xiaomi launched its first electric vehicle (EV) in March 2024, few believed it could rival industry leaders like Tesla, BYD, Xpeng and Li Auto.
After a surprisingly strong debut and with the company's EV segment poised to break even this year, however, the Beijing-based firm is now embarking on an ambitious push into another sector to challenge established competitors: the home appliances market.
Partly fuelled by Beijing's aggressive subsidies to boost consumption,......
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07.07.25 - 11:06
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Xiaomi′s ′toys for grown-ups′ strategy fuels hype for YU7 EV, smart glasses (Digitimes)
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Xiaomi's latest breakout products, the YU7 electric vehicle and AI-powered smart glasses, are making waves not just for their functionality, but for how they're being positioned and sold. In today's digital-first consumer economy, tech is no longer just about utilities; it's a lifestyle marker. Analysts are increasingly framing this shift as "hype-driven tech consumption," with some even likening it to the rise of "tech collectibles."...
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07.07.25 - 11:01
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Xiaomi liefert die ersten YU7 aus (Electrive)
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Xiaomi hat die Auslieferung seines Mittelklasse-SUV YU7 in China gestartet – nach einem Rekordstart mit 240.000 Bestellungen binnen 18 Stunden. Trotz Produktionsausbau steigen bei der Basisversion die Wartezeiten auf fast zehn Monate. Die teureren Varianten sollen dagegen schneller lieferbar sein....
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07.07.25 - 11:00
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H Shrs: HSI Slips 28 Pts at Close; Gold Miners, Pharmas Ebb; Casinos Swell (AAStocks)
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The HSI ended the day down 28 points or 0.1% at 23,887. The HSCEI dipped less than 1 point to close at 8,608. The HSTECH rose 13 points or 0.3%, closing at 5,229. The total market turnover for the whole day reached HKD193.79 billion.XIAOMI-W (01810.HK) closed down 0.35% at HKD57.3. Its YU7 has started delivery. While the market ......
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07.07.25 - 06:45
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XIAOMI-W Denies Termination of Partnership with Leica (AAStocks)
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XIAOMI-W (01810.HK) is said to be ending its partnership with Leica, but Wang Hua, General Manager of Public Relations Department at XIAOMI-W, directly criticized the rumor as nonsense.XIAOMI-W is focusing on developing its own camera technology for next-generation Snapdragon 8 Elite 2 devices, and that it is terminating its par......
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07.07.25 - 04:00
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H Shrs: HSI Opens 87Pts Lower; Key Techs Wane; Chips Rise Against Mkt (AAStocks)
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The U.S. will notify countries of reciprocal tariff rates, effective August. Hong Kong stocks opened softer, with the HSI down 87 points or 0.4% at 23,828, the HSCEI down 32 points or 0.4% at 8,576, and the HSTECH down 23 points or 0.5% at 5,192.XIAOMI-W (01810.HK), amid YU7 deliveries, opened 1% lower at HKD56.9. With markets s......
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05.07.25 - 12:06
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China′s smartphone shipments plunge 21.8% in May amid weak consumption (SCMP)
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Smartphone shipments in China plunged 21.8 per cent year on year in May to 23.7 million units, the biggest decline this year, according to the latest data from a government-run research institute.
Foreign brands, including Apple's iPhone, saw shipments drop by 9.7 per cent in May from a year earlier, outperforming local brands. Domestic manufacturers, including Huawei Technologies and Xiaomi, saw their shipments fall a combined 24.2 per cent, according to data released on Friday by the China......
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