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Xiaomi Takes Another Page From Apple

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Xiaomi is one of the world’s largest smartphone makers, but its business now spans connected consumer electronics, internet-of-things products and electric vehicles, with smartphones still the main revenue driver. Warning signs for XIACY accompany mass production of the Xring O3, aimed at 200,000–300,000 units for an upcoming foldable flagship. Xiaomi has invested over RMB20 billion in chip development and added a large semiconductor team, expanding use of chips like the Xring O100 and D100. Investors will watch next year’s adoption and August

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