Xiaomi

After losing its status as the top-selling brand in mid-2021, Xiaomi hopes its premium offerings will propel it to new heights.

Major smartphone vendors have trimmed production targets for the next quarter.

Several major mutual aid platforms have been suspended this year, while regulators are determined to rein in tech firms’ control of insurance-like services.

Chinese smartphone maker assembles workforce out of 20,000 applicants.

Xiaomi’s core smartphone business is humming along as the company invests in its EV business by acquiring self-driving startup Deepmotion.

After surpassing Apple in Q2, Xiaomi overcame Samsung, hit with production disruptions in Vietnam, to reach the world’s top position in June.

Overall sales for smartphones grew 49% compared to the same period last year, as they are used for essential activities like home-based learning and electronic payments.

Founder and CEO Lei Jun set a target for his company to surpass Samsung and become the world’s most popular smartphone company.