Xiaomi Corp - Unsponsored ADR (XIACY)
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Shares of China's Xiaomi surge after launch of electric vehicle YU7
Hong Kong-listed shares of Xiaomi opened up 8% on Friday, after the launch of a new electric car model.
China's Xiaomi undercuts Tesla with yet another cheaper car
In the latest step in an intensifying price war, Chinese smartphone company Xiaomi revealed its luxury YU7 SUV will cost less than Tesla's Model Y. Xiaomi's luxury YU7 SUV will start at 253,500 yuan ($35,322), CEO Lei Jun announced Thursday, pointing out that is 10,000 yuan cheaper than Tesla's Model Y.
China's Xiaomi founder expects EV business to turn profitable in H2
China's Xiaomi founder and CEO Lei Jun said on Tuesday that he expected the company's auto business to turn profitable in the second half the year, according to a company spokesperson.
Xiaomi's Tesla Y rival YU7 hits showrooms in Beijing
Xiaomi rolled out its new sports utility vehicle in Beijing on Thursday, as the firm best known for smartphones and consumer electronics gears up to further challenge Tesla in the world's largest auto market.
China's Xiaomi shares jump after record profit and revenue
Xiaomi shares jumped as much as 3.4% on Wednesday after it reported record first-quarter revenue and profit and said its shift towards higher-end products from smartphones to home appliances was already paying off.
Shares of China's Xiaomi set to rise 2.3% after reporting record profit
Shares of China's Xiaomi were set to rise 2.3% on Wednesday after it reported a record first-quarter revenue and profit and said its shift towards higher-end products from smartphones to home appliances was already paying off.
Xiaomi: Beyond A Growth Story
Xiaomi's valuation may seem expensive at first sight. But that is supported by its remarkable R&D efforts and growth potential across all segments. Xiaomi's newly manufactured chip, Xring O1 continues the testament of its R&D effectiveness. The gross margin in smartphone sales is expected to improve meaningfully but gradually. Xiaomi's emerging market competitiveness continues, chasing after the incumbent player, Samsung.
Xiaomi: From Silicon To SUVs, Driving The Next Era Of Smart, Affordable Tech
Xiaomi's new Xring O1 chip marks a major leap toward self-sufficiency, rivaling Apple and Huawei in advanced hardware design and performance. The YU7 SUV launch positions Xiaomi to disrupt China's lucrative SUV EV market, offering superior value and performance versus Tesla's Model Y. These advancements reinforce my thesis that Xiaomi's ecosystem rivals Apple's, with breakthroughs in AI, chips, and EVs driving global growth potential.
Xiaomi Corporation (XIACF) Q1 2025 Earnings Call Transcript
Xiaomi Corporation (OTCPK:XIACF) Q1 2025 Earnings Conference Call May 27, 2025 7:30 AM ET Company Participants Lu Weibing - President Alain Lam - CFO Conference Call Participants Andy Meng - Morgan Stanley Yingbo Xu - CITIC Timothy Zhao - Goldman Sachs Zoe Xu - UBS Kyna Wong - Citi Leping Huang - Huatai Operator Ladies and gentlemen, welcome to Xiaomi's 2025 First Quarter Results Announcement Investor Conference Call and Audio Webcast. Today's conference is being recorded.
How copycat phone maker Xiaomi became a force in China's EV market
Xiaomi was one of the world's biggest phone makers. Then it made an EV that sold fast and outperformed cars made by veterans, including Porsche and Tesla.
Xiaomi Delivers Another Earnings Beat on Strong Phone, Car Sales
The Chinese smartphone and electronics maker said its first-quarter net profit more than doubled from a year earlier to 10.92 billion yuan.
Xiaomi takes aim at Tesla's bestselling car in China with its longer-range YU7
China's Xiaomi is taking aim at Tesla's bestselling car in China with the YU7 SUV due for launch this summer. "We expect Yu7 would significantly erode Tesla Model-Y's China market share," Citi analyst Jeff Chung said in a report Sunday.
