Xiaomi’s H1 shipments rise 33%, but full-year target in doubt

Chinese smartphone maker Xiaomi is facing a slowdown in growth as H1 shipments rose just 33 per cent year-on-year, in contrast to 227 per cent full-year growth in 2014. According to a tweet by Hugo Barra, the company’s VP of international …

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Xiaomi reserves $1B to invest in TV content

Fast-rising Chinese smartphone maker Xiaomi has plans to invest heavily in media content in its home market and overseas, as well as in startups in India, Reuters reported. The company’s global VP, Hugo Barra (pictured), told Reuters it has reserved …

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