Xiaomi Corporation (XIACF)

OTCMKTS: XIACF · Delayed Price · USD
2.02
-0.06 (-2.88%)
Dec 29, 2023, 3:54 PM EST - Market closed
Market Cap 50.61B
Revenue (ttm) 37.26B
Net Income (ttm) n/a
Shares Out 25.05B
EPS (ttm) 0.09
PE Ratio 22.34
Forward PE 3.49
Dividend n/a
Ex-Dividend Date n/a
Volume 309,891
Open 2.08
Previous Close 2.08
Day's Range 2.00 - 2.09
52-Week Range 1.26 - 2.20
Beta 1.21
Analysts n/a
Price Target n/a
Earnings Date n/a

About XIACF

Xiaomi Corporation, an investment holding company, provides hardware and software services in Mainland China and internationally. It operates through Smartphones, IoT and Lifestyle Products, Internet Services, and Others segments. The Smartphones segment sells smartphones. The IoT and Lifestyle Products segment offers smart TVs, laptops, AI speakers, and smart routers; various IoT and other smart hardware products; and lifestyle products. The Internet Services segment provides advertising services and internet value-added services; and engages ... [Read more]

Sector Technology
Founded 2010
Employees 33,038
Stock Exchange OTCMKTS
Ticker Symbol XIACF
Full Company Profile

Financial Performance

In 2022, Xiaomi's revenue was 280.04 billion, a decrease of -14.70% compared to the previous year's 328.31 billion. Earnings were 2.47 billion, a decrease of -87.21%.

Financial numbers in CNY Financial Statements

News

See the new Chinese EV that wants to take on Tesla and Porsche

A new Tesla rival debuted in Beijing this week. Chinese smartphone maker Xiaomi designed the SU7 to challenge Tesla and Porsche.

1 day ago - Business Insider

Xiaomi plans to enter EV market with new SU7 model to compete with Tesla and Porsche

China's Xiaomi (1810.HK, XIACY) is entering the electric vehicle market after investing over $1.5 billion into developing its first EV model, the Xiaomi SU7. The consumer tech manufacturer, known for ...

3 days ago - Yahoo Finance

Xiaomi Targets Tesla With First EV

Xiaomi, the Chinese company most famous for its smartphones, unveiled its first car on Thursday. The company is taking inspiration from Tesla as it aims to compete at the higher end of the electric ve...

3 days ago - Barrons

China's Xiaomi unveils its first EV as it looks to compete with Porsche, Tesla

Pronounced "Sue Qi" in Mandarin, the Xiaomi SU7 beats Porsche's Taycan and Tesla's Model S on acceleration and other metrics, Xiaomi CEO Lei Jun said.

3 days ago - CNBC

China's Xiaomi unveils first electric car, plans to become top automaker

https://www.reuters.com/business/autos-transportation/china-smartphone-maker-xiaomi-unveils-first-electric-vehicle-2023-12-28/

3 days ago - Reuters

Billionaire Lei Jun Vows To Overtake Tesla As He Unveils Xiaomi's First Electric Vehicle

Lei Jun, the cofounder and CEO of Xiaomi, unveiled the company's first electric vehicle on Thursday, marking the Chinese smartphone maker's entry into the country's highly competitive EV market.

3 days ago - Forbes

Xiaomi revenue edges higher but profit leaps on cost savings

Xiaomi Corp reported a small increase in revenue for the third quarter, though smartphone shipments were flat as China's economic recovery struggled to gather momentum.

5 weeks ago - Reuters

BAIC unit applies for manufacturing approval for Xiaomi-branded EVs

A unit of Beijing-based automaker BAIC Group has applied for manufacturing approval for two Xiaomi-branded electric vehicles (EVs), China's industry ministry website showed on Wednesday.

6 weeks ago - Reuters

Xiaomi claims a record $3.11 billion in Singles Day sales

Alibaba and JD.com declined for a second-straight year to share total figures for the Singles Day shopping festival.

7 weeks ago - CNBC

Chinese smartphone manufacturer Xiaomi unveils new smartphone operating system, HyperOS

Yahoo Finance anchors Brad Smith and Seana Smith report on Chinese smartphone developer Xiaomi (1810.HK, XIACF) set to unveil its HyperOS operating system that will come pre-installed on its new smart...

2 months ago - Yahoo Finance

Chinese smartphone maker Xiaomi releases a new operating system as it plans car integration

Chinese smartphone and appliance maker Xiaomi announced late Thursday a new operating system — as it plans to release its own car.

2 months ago - CNBC

"Grow with Xiaomi": Xiaomi's International Internet Partner Strategy for 2024 Announced

SINGAPORE , Oct. 23, 2023 /PRNewswire/ -- On October 20th, Xiaomi Internet Partner Conference (MIPC Singapore 2024) successfully concluded its proceedings in Singapore. The event garnered the particip...

2 months ago - PRNewsWire

Xiaomi to Present Its Global Internet Business Growth Methodology at MIPC 2024

SINGAPORE , Oct. 12, 2023 /PRNewswire/ -- Xiaomi, a global leader in technology, will host the Mi Internet Partner Conference (MIPC) 2024 in Singapore on October 20th. The conference, which is the big...

2 months ago - PRNewsWire

Elliptic Labs Announces AI Virtual Smart Sensor Platform™ on Xiaomi's Redmi Note 13 and Note 13 Pro Smartphones

OSLO, Norway--(BUSINESS WIRE)-- #AIVirtualProximitySensor--Elliptic Labs is shipping its AI Virtual Proximity Sensor™ INNER BEAUTY® with Xiaomi's latest smartphones, the Redmi Note 13 and Note 13 Pro.

3 months ago - Business Wire

China's Huawei, Xiaomi reach global patent deal on 5G -state media

China's Huawei Technologies inked on Wednesday a global patent cross-licensing deal with Xiaomi Inc , the Securities Times said.

3 months ago - Reuters

Xiaomi president says ev manufacturing plans ahead of schedule

Xiaomi Corp President Lu Weibing said on Tuesday that the company's plans to start mass production of electric vehicles (EVs) in the first half of 2024 remains unchanged.

4 months ago - Reuters

Xiaomi revenue drops but EV strategy ahead of schedule

Chinese smartphone maker Xiaomi Corp reported a 4% revenue drop in the second quarter, tracking a shrinkage in China's handset market, but said its move into making electric vehicles was running ahead...

4 months ago - Reuters

Exclusive: China's Xiaomi wins state planner nod to make EVs amid glut in autos

Xiaomi Corp has won the approval of China's state planner to manufacture electric vehicles (EVs), said two people with knowledge of the matter, marking a major step towards the smartphone maker's goal...

4 months ago - Reuters

Chinese Stocks Drop. China's Central Bank Delivered This Unwelcome Surprise.

The People's Bank of China reduced its one-year loan prime rate by 0.1 percentage point to 3.45% while the five-year rate was kept unchanged at 4.2%, disappointing investors.

Other symbols: BABAJDTCEHY
4 months ago - Barrons

Chinese stocks will not recover until the government stimulates the economy: Head of research

Phillip Wool of Rayliant Global Advisors explains why he is positive on Chinese companies like Alibaba, despite the 'doom and gloom' in China's market.

Other symbols: BABAJDTCEHY
4 months ago - CNBC International TV

Xiaomi removes its Mi Music app from the Play Store

Xiaomi has silently pulled its music player and streaming app Mi Music from the Play Store in India, continuing its shutdown of various services in the country where it is under regulatory pressure.

5 months ago - TechCrunch

Xiaomi to Showcase MIUI Themes Designers Via 2023 Xiaomi International Theme Competition

BEIJING , Aug. 1, 2023 /PRNewswire/ -- Xiaomi, one of the world's leading consumer electronics and smart manufacturing companies, officially started its 2023 Xiaomi International Theme Competition on ...

5 months ago - PRNewsWire

Chinese ministry holds meeting with Xiaomi, iFlytek and Alibaba Cloud

China's science and technology ministry held a meeting on July 5 with firms including Xiaomi, iFlytek and Alibaba Cloud to discuss innovation as well as national strategic scientific and technological...

Other symbols: BABA
6 months ago - Reuters

Xiaomi partners with Dixon Technologies to make mobile phones in India

Contract manufacturer Dixon Technologies (India) Ltd on Wednesday said it is partnering with Xiaomi Corp's Indian arm to make and export phones for the Chinese firm.

7 months ago - Reuters

Xiaomi to make wireless audio products in India

Xiaomi Corp's Indian arm will start making wireless audio products in the country through a partnership with electronics manufacturer Optiemus in a push to further localise its operations, the company...

7 months ago - Reuters