That sprawling portfolio of startups, ranging from Segway owner Ninebot Inc. to portable charger maker Zimi and Huami Corp., are key to Xiaomi’s longer-term ambition of building a network of home devices for the so-called Internet of Things.In China, domestically oriented businesses such as media and finance could bounce back alongside an economic recovery. Xiaomi’s overseas business has recovered to pre-Covid-19 levels, acting Chief Financial Officer Wang Xiang said Wednesday.“Driven by a favorable competitive landscape, aggressive building of sales channels, increased R&D with strong product competitiveness, and continued adoption of 5G in China and overseas market (Europe) in 2021, we expect strong value share gains starting 2H20,” Bocom International analysts including Chris Yim wrote in a report. The tech giant’s plan to buy health-tracker Fitbit faces months of delays after the European Union’s antitrust enforcer launched an in-depth inquiry, echoing recent concerns raised by Australian regulators. The Hang Seng Tech Index, which includes China’s two most valuable companies, fell more than Hong Kong’s broader stock market as it sought to give investors a better read on the tech sector’s growth and relative performance.The Hang Seng Tech Index, which includes China’s two most valuable companies, fell more than Hong Kong’s broader stock market.Ant Group’s coming IPOs could be among the world’s largest in history, with the company aiming for a market valuation in excess of $200 billion, a person familiar with its plans said.Chinese consumer electronics have been doing well in India in recent years. The South Korean company says it has shipped 300,000 pairs of the Buds Live in their first few weeks of availability, though part of those have been bundled with the Galaxy Note 20 flagship phone.For Android smartphone users, many of the iPhone-related AirPods advantages are lost, leading to price and feature sets being the key purchase drivers.“The low-to-mid end segment including Chinese brands and U.S. makers such as JLab is taking away share from the premium market,” said Counterpoint analyst Liz Lee. Bocom, Morgan Stanley, CICC and Citigroup were among brokerages that lifted their price targets for Xiaomi’s stock.Smartphone shipments in European countries like France and Spain grew by 64.9% in the quarter, propelling Xiaomi into the No. On 3 May 2018, Xiaomi filed to go public on the Hong Kong Stock Exchange and aims to raise $10 billion in IPO which is expected to be the world's biggest IPO raise since 2014. Subscribe to Premium to view Fair Value for 1810.HK(Bloomberg) -- Xiaomi Corp.’s shares leapt 11.4% after inroads into the Chinese market for high-end smartphones and strong growth overseas helped the company report better-than-expected profit.The stock climbed its most in two years in Hong Kong, taking its 2020 gains to 98%. The tech giant’s plan to buy health-tracker Fitbit faces months of delays after the European Union’s antitrust enforcer launched an in-depth inquiry, echoing recent concerns raised by Australian regulators. The tech giants plan to buy health tracker Fitbit is facing monthslong delays after the European Union’s antitrust enforcer launched an in-depth inquiry, echoing recent concerns raised by Australian regulators. 3 spot in the region for the first time, the company said, citing consultancy Canalys. More affordable alternatives from Chinese rivals, however, have eroded Apple’s lead and the Silicon Valley company now finds itself with just over a third of the market, at 35%, followed by Xiaomi Corp. with 10% and Samsung Electronics Co. on 6%, according to the researchers.A growing contingent of specialized Chinese brands has emerged on the scene, with models such as the $90 Lypertek Tevi offering better fit and sound quality than AirPods at a lower price and the 1More True Wireless ANC outperforming the $250 AirPods Pro’s noise canceling at $180. ET on The Wall Street Journal They should be able to weather the geopolitical tensions between the two countries, too. “We believe that Samsung can attract more users, especially Android phone users, if it provides a wider selection of TWS devices from mid to high-end with at least two or three variations.”As Samsung expanded its earphones lineup, it’s projected to more than double its TWS sales this year, growing from 8 million to 17 million, while Apple’s AirPods family is forecast to go from 61 million to 82 million. Bill.com beats on earnings, CEO predicts work-from-home trends are ‘here to stay’ The Hang Seng Tech Index, which includes China’s two most valuable companies, fell more than Hong Kong’s broader stock market as it sought to give investors a better read on the tech sector’s growth and relative performance.The Hang Seng Tech Index, which includes China’s two most valuable companies, fell more than Hong Kong’s broader stock market.Ant Group’s coming IPOs could be among the world’s largest in history, with the company aiming for a market valuation in excess of $200 billion, a person familiar with its plans said.Chinese consumer electronics have been doing well in India in recent years. Trump says Biden’s ‘not a savior of America’s soul,’ but rather the ‘destroyer of America’s jobs’ (Bloomberg) -- Apple Inc. will likely boost sales of its AirPods range by a third this year, but that won’t stop it from losing its dominant grip on the fast-growing wireless earbuds market.The AirPods have come to define the true wireless (TWS) earphones category, with Apple accounting for nearly half of all sales in 2019 and expected to grow to 82 million units this year, according to Counterpoint Research data.
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