Xiaomi: Latest News and Updates, Top Stories, Videos, Photos About Xiaomi

52-Week High; Dixon Tech's Share Rises 10% On New Smartphone Factory Launch Under PLI Scheme

Dixon Technologies (India) inaugurated its state-of-the-art smartphone manufacturing facility in Noida, Uttar Pradesh. The event marked the culmination of the government's Production-Linked Incentive (PLI) scheme, leading to 5,00,000 jobs in the sector, as highlighted by Union Minister Ashwini Vaishnaw. The inauguration ...

Samsung, Qualcomm Join List Of Companies Opposing India's Push For Live TV On Smartphones

Samsung and Qualcomm have now reportedly joined the fray of companies opposing India's choice of technology to bring live TV broadcasts on smartphones, asserting that the required hardware changes will drive a device's cost higher by $30, said a Reuters report ...

Dixon Technologies Partners With Xiaomi For Manufacturing Smartphones; Stock Hits New 52-Week High

Consumer electronics manufacturer, Dixon Technologies (India)has touched a new 52-week high during Thursday's trade as investors cheered the company's strategic partnership with Xiaomi whose Redmi, POCO and Mi are some of the affordable and most popular smartphone brands in India. Dixon ...

Dixon Technologies To Collaborate With Xiaomi India For Phone Manufacturing And Export

Dixon Technologies (India) Ltd (DIXO.NS) announced on Wednesday that it will collaborate with Xiaomi Corp's (1810.HK) Indian unit to manufacture and export phones for the Chinese company. The revelation, which increased Dixon's stock by 4%, comes after Xiaomi India announced plans ...

FEMA Violation: HC Reserves Verdict, On Xiaomi Plea

The Karnataka High Court has reserved its judgement on the plea filed by Chinese technology firm, Xiaomi challenging the order passed by the Enforcement Directorate (ED), seizing Rs 5,551 crore in its bank accounts for alleged violation of FEMA rules. Justice ...

Xiaomi Says 84% Of Rs 5,551 Crore Seized By ED, Was Royalty Payment To Qualcomm

Chinese smart devices firm Xiaomi on Sunday said that over 84 per cent of the Rs 5,551.27 crore seized by the Enforcement Directorate was the royalty payment made to US chipset company Qualcomm. The ED, under the Foreign Exchange Management Act ...

Xiaomi IPO Fails to Raise Anticipated Funds After Low End Pricing

Xiaomi Corp, the Chinese smartphone maker known for their Mi and Redmi range, raised $4.72 billion in their initial public offer (IPO) after pricing the shares at the lower end of the market price range, a Reuters report said citing unidentified ...

Xiaomi Posts a Loss of $1.09 Billion For The First Quarter Ahead of IPO

The Chinese smartphone maker Xiaomi Corp reported its first quarterly loss of 7 billion yuan ($1.09 billion) ahead of its initial public offering (IPO), as per a filing. It has also stated a net loss of 43.89 billion yuan for the ...

Xiaomi Files For World's Biggest IPO Since 2014

Chinese smartphone market Xiaomi Corp filed for an initial public offering (IPO) in Hong Kong on Thursday. Although the amount to be raised was not revealed in the exchange filing, it is expected to be atleast $10 billion as per Bloomberg ...

Xiaomi Sets Up New Manufacturing Units in India for Smartphones

Chinese handset maker Xiaomi today said it has set up three new smartphone manufacturing units in Tamil Nadu and Andhra Pradesh, along with a facility for printed circuit board (PCB) manufacturing in India. While the company didn't disclose investment details, it ...

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