Baidu, Xiaomi-backed smart printer maker Hannto raises $41.5m to expand production
Shanghai-based Hannto aims to invest 800 million yuan ($110.6 million) in the construction of a new production facility in eastern China.
Source: dealstreetasia.com
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Top News In Xiaomi Corp Today - Breaking & Trending Today
China's Lackluster Earnings Are Nearing an Inflection Point on Stimulus Bets
(Bloomberg) -- Optimism is growing among market watchers that efforts by Beijing to revive China’s economy will translate into a boost for the bottom line of its heavily-battered companies.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceNvidia Delivers on AI Hopes, Igniting $140 Billion Stock RallyCiti Trader Got 711 Warning Messages Before Sparking Flash CrashTech Up in Late Hours as Nvidia Emboldens AI Bulls: Markets WrapAbout 40% of MSCI China Index members that
Source: yahoo.com
Cellphone maker Xiaomi has EV market buzzing - People's Daily Online
Visitors look at a Mercedes-Benz at the 2024 Beijing International Automotive Exhibition in April.
Source: en.people.cn
Cellphone maker Xiaomi has EV market buzzing
Launch of its first electric vehicle model has generated huge interest, controversy.
Source: chinadailyhk.com
Xiaomi's Q1 Revenue Soars 27% As Global Smartphone Shipments Surge, Eyes Ambitious EV Goals - Xiaomi (OTC:XIACF), Xiaomi (OTC:XIACY)
Xiaomi reported a 27% revenue increase for Q1 2024, reaching RMB75.51 billion. The company's global smartphone shipments rose 33.7% to 40.6 million units, while IoT devices on Xiaomi's AIoT platform surged 27.2% to 786.1 million. Despite a 1% net income decline, signs of recovery in the mobile market are evident. Xiaomi aims to deliver 120,000 SU7 electric vehicles this year.
Source: benzinga.com