Xiaomi success inspires every man and his dog to make smartphones in China

Last Updated: Tuesday, July 14, 2015, 09:09

The call of the world`s biggest smartphone market is proving irresistible for entrepreneurs in China, where even purveyors of concrete mixers, refrigerators and rock music are mimicking local trailblazer Xiaomi Inc with their own handsets.

Xiaomi's H1 handset sales put full-year target in doubt

Last Updated: Thursday, July 2, 2015, 09:37

Xiaomi Inc on Thursday said it sold 34.7 million smartphones in the first six months of 2015, casting doubt on the ability of China`s most valuable tech startup to achieve its full-year target.

Xiaomi enters money market fray with Huoqi Bao service

Last Updated: Tuesday, May 12, 2015, 21:47

Chinese smartphone maker Xiaomi Inc waded into China`s red hot online finance arena on Monday with a new money market fund to compete against the likes of tech rivals Alibaba Group Holding and Tencent Holdings.

Samsung Electronics tips better second quarter, though cautious on outlook

Last Updated: Wednesday, April 29, 2015, 06:10

Samsung Electronics Co Ltd <005930.KS> on Wednesday tipped further earnings improvement in the second quarter after confirming its highest profit in three quarters in January-March, but voiced some caution about the second-half outlook.

Analyst-turned-fund manager basks in Xiaomi glow

Last Updated: Friday, January 23, 2015, 10:25

Richard Ji, whose little-known fund was the biggest investor in leading Chinese smartphone maker Xiaomi Inc`s $1.1 billion fundraising last month, is a numbers man looking to spot `category killers` - start-ups with the power to disrupt.

Facebook, Xiaomi discussed possible investment in the Chinese smartphone maker

Last Updated: Tuesday, January 13, 2015, 18:22

Mark Zuckerberg and Xiaomi Inc CEO Lei Jun discussed a potential investment by Facebook in China`s top smartphone maker ahead of its $1.1 billion fundraising last month, but a deal never materialised, several people with knowledge of the matter told Reuters.

Huawei's smartphone sales shoot up after copying Xiaomi's online strategy

Last Updated: Wednesday, December 24, 2014, 09:30

China`s Huawei Technologies Co Ltd has taken sales of its low-price Honor brand of smartphones to 20 million from 1 million in just one year, hitting pay dirt with the disruptive online-only strategy it copied from smaller upstart Xiaomi Inc.