Xiaomi Corp - Unsponsored ADR (XIACY)
Xiaomi launches 15 Ultra flagship smartphone priced from $894
Xiaomi, the world's third-largest smartphone maker, launched its new flagship smartphone Xiaomi 15 Ultra on Thursday, with the base model starting at 6,499 yuan ($894.19).
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Xiaomi: Charging Ahead In The Ecosystem Race With A Spinning Flywheel
Xiaomi's robust ecosystem, rivaling Apple and Amazon, drives growth across smartphones, IoT, and EV segments, with a 40% upside potential at a 3x forward multiple. Premium smartphones like Xiaomi 15 Ultra and expanding IoT products are key growth drivers, enhancing brand equity and consumer stickiness. The successful launch of the SU7 EV and upcoming Yu7 model highlight Xiaomi's competitive edge in the EV market, reinforcing its ecosystem.
China's Xiaomi to explore ways to ramp up auto production, CEO says
China's Xiaomi will explore ways to ramp up auto production capacity, CEO and founder Lei Jun said on his social media account on Friday.
Xiaomi founder sets 10,000 sales target for luxury version of flagship EV
The luxury version of Xiaomi's flagship electric vehicle, the SU7 Ultra, will be launched at the end of February, with a sales target of 10,000 units for this year, founder Lei Jun said on his Red Note account on Wednesday.
China's Xiaomi announces new SUV launch
China's Xiaomi said on Monday that it expects to launch a new SUV, the YU7, in June or July next year.
Xiaomi: A Unified Tech Leader Bridging Smartphone, EVs, And Home Electronics
The global smartphone market recovery continues. Strong 4Q24 China shipments will be supported by government purchase subsidies. Xiaomi 15 will boost market share. SU7 delivery will exceed 120k in 24E, with a projection to hit 240k in 25E. Ultra (luxury sport sedan) is expected to launch in 2Q25E. The news suggests Xiaomi and Goertek are developing AI glasses, targeting Ray-Ban Meta Smart Glasses as a competitor, with a potential launch in 2Q25E.
Xiaomi Corporation (XIACF) Q3 2024 Earnings Call Transcript
Xiaomi Corporation (OTCPK:XIACF) Q3 2024 Earnings Conference Call November 18, 2024 7:30 AM ET Company Participants Anita Chan - Head of IR and Corporate Finance Lu Weibing - Vice President Alain Lam - CFO Conference Call Participants Timothy Zhao - Goldman Sachs Andy Meng - Morgan Stanley Leping Huang - Huatai Hanjing Wen - CICC Zoe Xu - UBS Yayuan Huang - Citi Operator 2024 Third Quarter Results Announcement. Investor Conference Call and Audio Webcast.
Xiaomi outdoes expectations as electric vehicles sales take off
Xiaomi Corp has unveiled better-than-expected results for the third quarter, thanks in part to soaring electric vehicles sales following its entry to the market earlier this year. Some 39,790 Xiaomi SU7 Series vehicles were delivered over the quarter, taking the year-to-date total to 67,157 and leaving the company targeting 130,000 sales for 2024.
Xiaomi posts jump in third-quarter revenue, beats estimates
Chinese electronics maker Xiaomi Corp posted a 30.5% jump in third-quarter revenue, boosted by the launch of its first electric vehicle, the SU7 sedan, in March.
Xiaomi CEO: SU7 deliveries surpass 100,000, aiming for 130,000 by year end
Xiaomi CEO Lei Jun said on Monday that deliveries of its flagship electric vehicle series SU7 has surpassed 100,000 units.
Why Is Everyone Talking About Xiaomi Stock?
Forget smartphones, this company is appearing on investors' radars thanks to its EV offerings.
