Xiaomi
China's Xiaomi posts first quarterly profit decline in three years
Adjusted net profit for the quarter to December 31 fell to 6.3 billion yuan
Xiaomi to invest at least 60 billion yuan in AI over next three years, CEO says
The investment comes as competition in China’s cutthroat chatbot space is being redirected to agents
Stellantis weighs deals with China rivals to shore up Europe
European and US carmakers have largely trailed Chinese competitors in cost and battery technology, after state subsidies from Beijing
Apple’s iPhone only smartphone to see sales growth in China this January
Every major Chinese mobile maker sees steep declines in a market that is down 23% overall
China bans hidden car door handles in world-first safety policy
Tesla’s doors are already the target of a safety probe in the US
BYD leads Chinese automaker sell-off on weakening sales
The sell-off highlights rising investor concern that China’s carmakers face a prolonged slowdown
Apple leads global smartphone market with 20% share in 2025
The market is expected to soften in 2026 amid chip shortages and rising component costs
Xiaomi begins pre-orders for spruced up version of SU7 sedan
The announcement comes as it faces increased public criticism over safety standards, following a number of accidents
Carmakers slash prices again in China, defying regulators
Prices for new cars keep falling as automakers compete to clear out inventory in a sluggish market
Xiaomi rides EV success with ambitious delivery target for 2026
The company is also looking to break into chip production
