Xiaomi Corporation (OTCPK:XIACF) Q4 2024 Earnings Conference Call March 18, 2025 8:30 AM ET Company Participants Anita Chan - Head, Investor Relations and Corporate Finance Lu Weibing - President Alain Lam - Chief Financial Officer Conference Call Participants Andy Meng - Morgan Stanley Timothy Zhao - Goldman Sachs Wen Hanjing - CICC Xu Yingbo - CITIC Leping Huang - Huatai Zoe Xu - UBS Operator Good evening, everyone. Welcome to the online telephone call of Xiaomi 2024.
Chinese consumer tech giant Xiaomi on Tuesday announced a surge in annual revenue, propelled by strong smartphone sales alongside a continued push into the electric vehicle sector.
China's Xiaomi reported a 48.8% rise in fourth-quarter revenue on Tuesday, boosted by strong electric vehicle and smartphone sales.
China's Xiaomi raised its full-year target for electric vehicle deliveries to 350,000, founder Lei Jun said on Tuesday in a Weibo post, up from 300,000 EVs for 2025 set earlier this year.
Chinese tech company Xiaomi 's new electric crossover SUV, the YU7, will have a driving range of up to 770 kilometres (478 miles), a government document showed on Thursday.
Xiaomi stock price is firing on all cylinders, making it one of the best-performing companies in the Hang Seng index. It has soared by over 300% in the last twelve months and is beating Apple (AAPL) whose shares have jumped by less than 50%.
China's Xiaomi said on Tuesday it will work with insurance institutions to launch a smart driving protection service with a maximum liability of 3 million yuan ($413,439.54).
Everything from new phones with powerful video capabilities to an electric scooter, Xiaomi unveils a plethora of updates for its various lines at Mobile World Congress in Barcelona. We take a look at some of the highlights in this supercut.
Xiaomi plans to begin selling its electric vehicles outside of China "within the next few years," the company's president William Lu said on Sunday. This week, Xiaomi launched its first premium EV in China called the SU7 Ultra, which starts at 529,000 Chinese yuan ($72,627).
Xiaomi launched the Xiaomi 15 and Xiaomi 15 Ultra on Sunday at the Mobile World Congress. The Xiaomi 15 starts at 999 euros ($1,047) and the Xiaomi 15 Ultra starts at 1,499 euros ($1,571).
Xiaomi, which produces smartphones and consumer electronics, delivered 135,000 E.V.s last year after tapping China's robust manufacturing supply chain.
Chinese electric vehicle maker Xiaomi on Thursday priced its luxury electric sedan, the SU7 Ultra, at 529,900 yuan ($72,931.72).