The company says it reached the milestone in the second quarter, with most devices sold outside China.
New Delhi will provide subsidies under a scheme to boost domestic manufacturing and strengthen the South Asian country’s bid to become a major hub in the global electronics supply chain.
Xiaomi returns to revenue growth in third quarter as it targets more AI enhancements to its smartphones.
Computers with chips that have built-in AI capabilities are expected to account for 86 per cent of laptops shipped in China in 2027, according to IDC.
Rising sales in China drove US chip giant Qualcomm to better-than-expected earnings in the past quarter, prompting the company to make a target-beating revenue forecast for the current quarter.
Xiaomi has become the latest industry player to create a single system that works across smartphones, vehicles and IoT products, as Huawei works towards liberating its own integrated OS completely from Google’s Android.
Honor reclaimed the top smartphone vendor spot in the third quarter with an 18 per cent share and total shipments of 11.8 million units, as the mainland market posted a modest decline.
Oppo’s move comes as ChatGPT-like products are increasingly seen as potential game-changers in the highly-competitive smartphone market.
The accusations, detailed in a court filing on October 10, follow the arrest this week of a Vivo executive in a money laundering investigation by India’s financial crime agency.
Vivo, the second most popular smartphone brand in India, is among several Chinese companies that have come under regulatory scrutiny in the South Asian nation.
The arrests add to the legal troubles of the Chinese phone maker in India, and come amid rising tensions between Beijing and New Delhi.
Xiaomi’s new alliance with Padget Electronics in India shows how major handset brands are boosting their production in the world’s second-biggest smartphone market.
The list of registered app stores in the country includes Xiaomi, Oppo, Vivo, Huawei and even Samsung, but not the mainland’s fourth-largest smartphone brand.
Honor chief executive George Zhao Ming said the company will focus on noncore chips such as the C1, a self-developed radio frequency communication device to boost 5G signals that it unveiled in March.
Huawei’s Mate 60 Pro may prove popular with domestic consumers but analysts say its overseas appeal will be limited, with no return to its heyday on the horizon.
An overwhelming majority of young consumers in Southeast Asia are more attracted to mid-range or budget phones than higher-end models, according to a new survey.
Chinese smartphone brand Honor will relaunch in India through a licensing deal with a local company and is aiming to start domestic manufacturing by early next year.
Xiaomi founder and chief executive Lei Jun said using Apple’s iPhone as a benchmark will enable the company to ‘catch up and beat it one day’.
The Japanese electronics giant says it has failed to reach licensing agreements with the two Chinese companies after years of negotiations.
Apple’s Greater China region – covering the mainland, Hong Kong, Taiwan and Macau – contributed US$15.8 billion to its total net sales of US$81.8 billion in the June quarter.
The world’s largest smartphone market saw 65.7 million handsets ship in the second quarter, which was a smaller 2.1 per cent decrease compared to the 14.8 per cent drop in the same period last year.
Global smartphone sales decreased 8 per cent year on year in the three months ended June 30, marking the eighth consecutive quarter of decline for the industry.
Beijing-based Xiaomi currently has 18,000 physical stores in India, the world’s second-largest smartphone market behind China.
Xiaomi’s troubles in India have been a cautionary tale for other Chinese firms eyeing the South Asian market, with geopolitical tensions still strained.
Xiaomi’s India smartphone shipments tumbled 41 per cent in the first quarter, taking it to fourth place after previously dominating the market for five years.
The world’s most valuable company has been expanding its manufacturing footprint in India in line with efforts to diversify its supply chain away from China.
Xiaomi, Vivo and Oppo smartphone users will be able to transfer data between the three companies’ devices without a third-party app under a new alliance.