Xiaomi

Chinese smartphone manufacturer Xiaomi has secured a US $1 billion loan to expand its footprints globally and increase its retail opportunities, the company said on Friday. The smartphone manufacturer has secured a three-year term US $1 billion syndicated loan agreement...

Chinese handset maker Xiaomi is confident of clocking revenues in excess of $2 billion (over Rs12,800 crore) from its India operations this year, doubling its 2016 revenue. According to a PTI report: The growth, according to Xiaomi’s India Head Manu...

In a bid to gain foothold in the fast-growing Indian smartphone market, Apple on Wednesday announced commencement of initial production of its popular iPhone SE model at its Bengaluru facility. "We are beginning initial production of a small number of...

In a bid to reach out to its customers directly, Chinese smartphone maker Xiaomi on Thursday unveiled its first offline store in India named "Mi Home". Located at Phoenix Market City in Whitefield here, the store that showcases some of...

The wearable market in India observed a shipment of 2.5 million units in 2016 with Goqii and Xiaomi dominating the entry-level segment, International Data Corporation's (IDC) Worldwide Quarterly Wearable Device Tracker has said. Total wearable shipments in the fourth quarter...

Chinese technology company Xiaomi's founder and CEO Lei Jun met Prime Minister Narendra Modi on Tuesday and said the company was committed to creating more jobs in India. The chairman of the Chinese tech giant told Modi how smartphones are...

Chinese handset maker Xiaomi has elevated its India Head Manu Kumar Jain to a global role as its Vice President. According to a PTI report: The appointment comes weeks after another Global Vice President Hugo Barra quit the firm to...

Although it crossed US $1 billion in revenue in 2016 within the first two years of its operations in India, Xiaomi -- once touted as the "Apple" of China -- has slipped to fourth spot back home as the...

Chinese mobile handset manufacturer Xiaomi is likely to soon procure licence to operate its own branded outlets in India, as part of its effort to increase its offline distribution in coming years, company's top executive said. According to a PTI...

Flipkart claims it set a record of sorts of Monday selling two lakh units of the Redmi Note 4 within a few minutes of the sale being launched on the website. The sale drew a phenomenal response from customers in India,...