Latest news and articles about xiaomi from NEX English
Xiaomi has announced a price increase for several of its smartphone models, reflecting a trend among phone manufacturers in China. The new prices will take effect starting next Saturday due to rising memory chip costs.
Lei Jun, founder of Xiaomi, has announced the acquisition of a 1% stake in the Miami Dolphins, a prominent team in the National Football League (NFL), at a record valuation. This investment comes at a time when the sports world is experiencing significant changes in ownership and valuations.
Xiaomi has announced the launch of its new smartphone, the Redmi 15A 5G, which features an affordable price and essential specifications. This device is designed to meet the daily needs of users while supporting 5G technology.
Xiaomi has reported a significant decline in its smartphone sales during the last quarter, marking its lowest growth rate since 2023. Despite strong sales in the electric vehicle sector, this was not enough to offset the sharp drop in demand for smartphones.
Chinese smartphone and electric vehicle manufacturer Xiaomi is expecting its quarterly revenue growth to slow to just <strong>7%</strong>, marking its slowest growth rate in over two years. This decline is attributed to the ongoing economic slowdown in China.