Xiaomi shipped 53 mln handsets in the second quarter, overtaking Apple to become the world’s No. 2 producer behind Samsung. With greater heft, boss Lei Jun’s ambitions in semiconductors should be within reach soon: sharonlamhk mak_robyn
- Chinese smartphone maker Xiaomi said on Aug. 25 that revenue for the three months ended June grew 64% year-over-year to 88 billion yuan .- Indebted Chinese property developer Evergrande is in discussions with Xiaomi and Shenzhen-backed investment firms as it considers selling part of a 65% stake in its electric vehicle unit, Reuters reported on Aug. 20, citing unnamed sources.
- Xiaomi became the world’s No. 2 smartphone maker in the second quarter surpassing Apple, with 17% share of worldwide smartphone shipments, according to research firm Canalys.Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day.
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