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Xiaomi Corporation (XIACY)
| Previous close | 10.28 |
| Open | 10.40 |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's range | 10.33 - 10.49 |
| 52-week range | 6.25 - 11.35 |
| Volume | |
| Avg. volume | 156,628 |
| Market cap | 52.159B |
| Beta (5Y monthly) | 1.29 |
| PE ratio (TTM) | 21.79 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Reuters
Xiaomi says sales of its electric car 3-5 times higher than expected
Sales of Chinese smartphone maker Xiaomi's first electric car have been 3-5 times higher than expected, CEO Lei Jun said on Thursday, as the company began delivering standard versions of the so-called SU7 to buyers ahead of schedule. Lei, Xiaomi's founder, made the comments during a two-hour livestream on Douyin, the Chinese equivalent of TikTok, that garnered over 34 million viewers. Xiaomi launched its car, which draws styling cues from Porsche, late last month, entering a crowded China EV market with an attention-grabbing price tag - under $30,000 for the base model, which is $4,000 cheaper than the base model of Tesla's Model 3 in China.
- Barrons.com
Apple iPhone Shipments Drop 10% in Market Share Battle With Chinese Rivals
China’s Xiaomi shipped 33.4% more smartphones in the first quarter than in the same period a year ago and its market share strengthened.
- Fortune
Apple loses its spot as the world’s top seller of smartphones after tough China competition from brands like Xiaomi and Huawei
Korea’s Samsung sold the most phones in Q1 2024, according to research firm IDC, as Apple loses market share to Chinese competitors.
