Xiaomi

Indian podcast platform ropes in Xiaomi Ventures, Shunwei Capital and others to invest in the company.

Sales of the Xiaomi Watch will start in the middle of December.

Xiaomi is looking overseas for growth as competition intensifies and the economy cools at home.

There are still some factors hindering 5G’s commercialization in the smartphone sector.

The company expects to sell 240 million smartphones in 2019.

Xiaomi’s smart home appliance lineup is part of the company’s “smartphone+AIoT” dual-engine strategy announced earlier this year.

5G, cloud computing, AI, and IoT take center stage at the three-day event.

The Chinese company is seen as a budget brand, but it wants to move upmarket in India to compete with the likes of Samsung, Oppo, and Vivo.