Dossier
Xiaomi Corporation
Coverage of Xiaomi Corporation in the Nexus archive.
- Xiaomi out to scalp Musk’s bestselling SUV in China with its upgraded and low-cost model
Xiaomi is launching its upgraded YU7 SUV to compete with Tesla's bestselling Model Y in China, leveraging a low-cost strategy after its SU7 sedan outsold the Model 3. However, the company's shares fell slightly, and its Q1 profits missed estimates due to rising memory chip costs impacting its smartphone business.
- China's 'Seven Titans' tech stocks slump as deflation overpowers AI boom
China's 'Seven Titans' tech stocks have declined as deflationary pressures outweigh the AI boom's positive impact. The slump highlights economic challenges overshadowing advancements in artificial intelligence.