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Ticker: XIACF
Ticker: XIACF
07:57am, Wednesday, Jul 02, 2025
Xiaomi's new YU7 electric SUV faces delivery delays of up to a year, frustrating 240,000 customers who ordered within 18 hours. Complaints about lack of communication and potential cost increases have surged as buyers seek refunds. Xiaomi plans to address issues in a livestream.
03:48am, Friday, Jun 27, 2025
Xiaomi's YU7 SUV has launched with a staggering 289,000 initial orders, challenging Tesla's dominance in the EV market. At a competitive starting price, Tesla may need to reconsider its pricing strategy. With Xiaomi's shares up 70% this year, traders should watch for market shifts.
08:10am, Tuesday, May 27, 2025
Xiaomi (OTC: XIACF) reported Q1 revenue growth of 47.4%, reaching 111.3 billion yuan, with a net profit surge of 64.5% to 10.7 billion yuan. The company faces challenges following the launch of its YU7 electric SUV, but remains a strong contender in the market.
05:11am, Thursday, Jan 16, 2025
Apple's dominance in China's smartphone market has faltered in 2024, with a 17% drop in shipments, placing it third behind Vivo and Huawei. The company adapts with rare discounts amid fierce local competition, signaling a need for strategic changes.
02:49am, Thursday, Dec 19, 2024
Apple Inc (NASDAQ: AAPL) is in early talks with Tencent and ByteDance to integrate AI technologies into its devices in China. Previous discussions with Baidu stalled due to technical issues. U.S. regulations complicate these negotiations, but a partnership could enhance Apple's competitive edge i...
06:20am, Wednesday, Aug 21, 2024
Xiaomi Corp (OTC: XIACF) reports a 32% revenue surge in Q2, reaching 88.9 billion yuan ($12.46B), driven by its auto business and strong smartphone sales. Adjusted net income rose to 6.18 billion yuan, exceeding expectations, highlighting growth potential for traders.