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By Scott Kanowsky Investing.com -- Chinese consumer electronics giant Xiaomi Corp (HK:1810) posted better-than-expected revenue in the fourth quarter despite a sharp drop in key smartphone shipments...
By Munsif Vengattil, Aditya Kalra and Saurabh Sharma NEW DELHI/LUCKNOW (Reuters) - Xiaomi Corp is overhauling its India strategy after misjudging consumer tastes in mobile phones, a costly lapse that...
By Munsif Vengattil, Aditya Kalra and Saurabh Sharma
Chinese smartphone makers are looking to push into the high-end device market to challenge the dominance of Apple and Samsung.
Two companies founded by Lei Jun are investors in the $1.45 billion fund to support the sector, which has been hit by U.S. restrictions.
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