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YY Chairman Lei Jun Resigns to Focus on Xiaomi

Aug 20, 2016 03:26 PM EDT

Xiaomi founder Lei Jun has announced that he will be vacating his current post as chairman of the board of video-based social networking platform YY Inc. to focus more on the company that he founded.

Production of Xiaomi Mi Band 2 to Double Next Month

Daphne Planca |

Jul 05, 2016 04:24 PM EDT

Xiaomi will be doubling the production of the Xiaomi Mi Band 2 starting next month to meet the high demand. The smart band is currently being sold for 229 yuan ($34).

Xiaomi Mi Notebook to be Released Soon; 12.5-Inch Version Seen in Leaked Image

Daphne Planca |

Jul 05, 2016 02:39 PM EDT

The Chinese mobile manufacturer Xiaomi will soon be releasing their Xiaomi Mi Notebook in the market with a 12.5-inch version seen on an unexpectedly leaked image hitting the web on July 1.

China's Xiaomi Breaks Into Tablet Market

Xiaomi will IPO in 2025: CEO

Charissa Echavez |

Jun 29, 2016 10:30 AM EDT

One of China's leading smartphone makers Xiaomi might consider an initial public offering (IPO) in 2025, Lei Jun, the company's founder and chief executive, said on Tuesday. The announcement comes as the company attempts to establish more physical retail stores and new lineups.

Xiaomi Wants To Repeat Mainland China Success Overseas In 2015

David Curry |

Jan 19, 2015 12:24 AM EST

Xiaomi is dedicated to expansion outside of the walled-garden in China, already entering India and looking towards Russia and Brazil this year.

Xiaomi Benefits From Being Pitted Against Apple

David Curry |

Jan 17, 2015 04:30 AM EST

Xiaomi's Mi Note event showed one major change in how the Chinese startup operates: it no longer bows to the whims of Apple's design.

Xiaomi Note Debuts to Much Fanfare in Beijing

Michael A. Katz |

Jan 15, 2015 12:36 PM EST

China-based electronics giant Xiaomi today released its Xiaomi Note, a 5.7-inch screen smartphone/phablet. The debut of the Note from Xiaomi is seen as a shot across the bow of tech giant Apple's iPhone6 Plus.

Facebook Almost Bought $1.1 Billion Stake in Xiaomi

Michael A. Katz |

Jan 12, 2015 04:39 PM EST

Facebook CEO Mark Zuckerberg was in discussions with Xiaomi CEO Lei Jun last month about investing $1.1 billion in China's top smartphone maker, but the deal died on the vine, reports Reuters.