Xiaomi Inc

Xiaomi announced its plan to raise 48 billion HK dollars in the IPO

by News Hour Correspondent - Jun 25, 2018

Xiaomi, a Beijing-based smart phone maker, on Saturday announced its plan to raise 48 billion HK dollars (about 6.12 billion U.S. dollars) in the initial public offering (IPO) in Hong Kong next month. Xiaomi will offer...
Xiaomi Inc announced its first in-house designed chipset

by News Hour Correspondent - Feb 28, 2017

News Hour: Chinese smartphone firm Xiaomi Inc announced its first in-house designed chipset on Tuesday, as it works to streamline production, lower prices, and gain greater control over handset design to counter the impact of slowing...
Facebook hires Hugo Barra, the most prominent global executive at Xiaomi Inc

by News Hour Correspondent - Jan 26, 2017

News Hour: Facebook Inc has hired Hugo Barra, the most prominent global executive at Chinese smartphone maker Xiaomi Inc, to lead its virtual reality business including the Oculus unit, Chief Executive Mark Zuckerberg said. The 32-year-old...
Chinese online bank backed by Xiaomi Inc is set to launch

by News Hour Correspondent - Dec 28, 2016

News Hour: A Chinese online bank backed by smartphones and home appliances maker Xiaomi Inc is set to launch services soon, after being officially established and rebranded recently, according to one of the venture’s investors. New...