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Saturday 12 April 2025
China's RF unicorn OnMicro eyes IPO backed by Huawei, Xiaomi — revenue surges past US$280M

Beijing Onmicro Electronics Co. (OnMicro), a top Chinese fabless RF chip designer, filed for an IPO on the Shanghai STAR Market on March 28, 2025...

Tuesday 8 April 2025
Xiaomi SU7 fatal crash exposes risks amid China's fast-tracking of autonomous driving
On March 29, a Xiaomi SU7 operating in Navigate on Autopilot (NOA) mode crashed on a highway in Anhui Province, killing three college-aged passengers. Despite detecting an obstacle...
Wednesday 2 April 2025
Lee Jae-yong reportedly brought Samsung's chip and display chiefs along on China trip; signals strategic reset
Samsung Electronics Chairman Lee Jae-yong was recently joined by senior executives from the company's semiconductor and display departments on a rare visit to China. Industry analysts...
Wednesday 2 April 2025
Xiaomi's decade-long comeback: Dramatic role reversal with Samsung and Gree
In a remarkable power shift over the past decade, Xiaomi has transformed from an industry underdog to a dominant force. While CEO Lei Jun once waited hours to secure Samsung display...
Tuesday 1 April 2025
Samsung looks to salvage chip fortunes as chairman Lee Jae-yong courts China's AI and EV powerhouses
Samsung Electronics Chairman Lee Jae-yong recently made a high-profile visit to China, meeting with leading Chinese automaker executives and President Xi Jinping. South Korean analysts...
Monday 31 March 2025
From smartphones to smart mobility: Xiaomi's bold EV transformation takes flight
Xiaomi made a strong entry into the electric vehicle (EV) market in 2024, selling 136,800 units of its debut model, the SU7. Founder Jun Lei has set an ambitious target of reaching...
Wednesday 26 March 2025
Xiaomi, BYD secure billions for EV global push
On March 25, 2025, Xiaomi Group made waves in the market with its announcement of an 800 million new share offering, aiming to raise a substantial HKD42.5 billion (US$5.47 billion)...
Wednesday 26 March 2025
Xiaomi sets sights on Europe with EV R&D hub, recruits BMW veterans
Xiaomi plans to set up a dedicated electric vehicle (EV) research and development center in Europe, marking a key milestone in its global expansion strategy. The announcement follows...
Monday 24 March 2025
Samsung's Lee Jae-Yong Xiaomi factory visit fuels collab speculation
During a visit to participate in the China Development Forum, Samsung Electronics chairman Lee Jae-Yong and Qualcomm CEO Cristiano Amon reportedly visited Xiaomi's factory in Beijing...
Friday 21 March 2025
Xiaomi's ambitious plans for 2025: Challenging Apple and Tesla
Xiaomi is undergoing a remarkable transformation, with 2025 set to be a pivotal year as it aims to challenge industry giants Apple and Tesla in both the smartphone and electric vehicle...
Wednesday 19 March 2025
Xiaomi's EV launch drives 49% revenue growth, raises 2025 production target
Xiaomi's fourth-quarter financial surge, boasting a 49% revenue jump and a 90% net income rise, was significantly propelled by its successful EV launch. The SU7 exceeded delivery...
Tuesday 18 March 2025
Tesla offers free one-month FSD trial in China amid market woes
With competitive pressure increasing in the Chinese market, compounded by various unfavorable factors globally, Tesla China announced on March 17 that it will offer a one-month free...
Tuesday 11 March 2025
Xiaomi launches new flagship smartphone, eye market share boost with three key strategies
Xiaomi saw strong growth in Taiwan in 2024, achieving double-digit expansion. The company's shipments of high-end smartphones surged by 30% compared to the previous year, while wearable...
Saturday 8 March 2025
How Xiaomi outperforms Tesla in EV resale market
The intense price competition among Chinese new energy vehicles has forced many automakers to adopt discounting as a survival strategy. Despite this challenging environment, Xiaomi...
Friday 7 March 2025
Xiaomi Auto gains foothold in China, eyes overseas expansion in 2027
At MWC 2025, Xiaomi Group president Lu Weibing revealed that Xiaomi Auto has now established a firm foothold in the Chinese electric vehicle (EV) market, with plans to expand overseas...