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The Trump administration has added smartphone maker Xiaomi ([[XIACY]], [[XIACF]]) to a blacklist of alleged Chinese military companies, sending its Hong Kong-listed shares down 10.6% on Friday. The move means that Xiaomi is now subject to a November executive order restricting American invest...
In a positive start to 2021, the representative ETFs of Chinese companies rallied by a wide margin over with their respective U.S. counterparts. The outperformance came despite the dark cloud of investment bans on Alibaba and Tencent, as well as usage prohibition of certain Chine...
Worldwide shipments of used smartphones, inclusive of both officially refurbished and used smartphones, is expected to reach 225.4M (+9.2% Y/Y) units in 2020, International Data reports.By 2024, IDC estimates used smartphone shipments to reach 351.6M units (market value of $65B) with a CAGR o...
Xiaomi, often dubbed ‘China’s Apple’ overtook Apple as the world’s third biggest smartphone vendor in Q3. The gains came largely as a result of the vacuum left by compatriot rival brand Huawei. Xiaomi is aggressively capitalizing on Huawei’s woes...
The bad news is, smartphone sales slumped again last quarter. The good news is, Samsung (OTC: SSNLF) not only used this year's turmoil to gain market share, but it grew its total unit shipments on a year-over-year basis. That's the word from technology market research outfit G...
Xiaomi Corporation (XIACF) Q3 2020 Earnings Conference Call November 24, 2020 07:00 AM ET Company Participants Steve Lin - Director, Corporate Finance and Joint Company Secretary Lei Jun - Founder, CEO, and President Alain Lam - VP and CFO Conference Call Participants Kyna Wong - Credit Suiss...
The following slide deck was published by Xiaomi Corporation in conjunction with their 2020 Q3 earnings call. For further details see: Xiaomi Corporation 2020 Q3 - Results - Earnings Call Presentation
Xiaomi's performance in the first half of the year shows that its business is pandemic-resistant and it has all the chances to continue to create value in months to come. Over the last few years, Xiaomi established a strong foothold in China, India, and Europe. We believe that Xia...
T-Mobile got the ball rolling with nationwide rollout of 5G after its acquisition of Sprint earlier this year, but AT&T and Verizon weren't far behind. Now the marketing campaigns have begun with a fervor, touting "free" 5G access with unlimited data plans to get consumers t...
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On Friday, Xpeng Inc (NYSE: XPEV) teased a new sports utility EV which will be launched this week. Earlier in October, it touted a flying car that can also operate on roads during the company’s Tech Day. Xpeng’s rivals, also start-ups, Li Auto Inc (NASDAQ: LI) and Nio Inc (NYS...