China&#x27s Xiaomi launches superior-close cellphone in Samsung problem and debuts EV in Europe

China&#x27s Xiaomi launches superior-close cellphone in Samsung problem and debuts EV in Europe


The Xiaomi 14 Ultra.

Xiaomi

BARCELONA — Xiaomi launched its flagship smartphone globally on Sunday as it looks to retain up its recovery momentum, though also debuting its electrical automobile for the to start with time in Europe.

The Chinese electronics big introduced the Xiaomi 14 for world wide markets at Cell Globe Congress in Barcelona, just after debuting it this 7 days in China.

Xiaomi uncovered achievements immediately after its founding in 2010 thanks to marketing superior-spec and minimal priced smartphones. But with that portion of the market place finding a lot more competitive, Xiaomi has appeared to drive into the increased stop of the market, where Apple and Samsung are especially dominant, but in which progress has remained in spite of a complicated overall phone field.

The start comes as Xiaomi has witnessed a recovery in its main smartphone enterprise which accounts for just underneath two thirds of its full profits. Xiaomi, which is the third most significant smartphone participant in the globe, noticed shipments drop 4.7% year-on-year in 2023, in accordance to IDC, a significantly slower tumble than 2022. In the third quarter, Xiaomi posted a modest rise in earnings, after six straight quarters of decline.

But Xiaomi continues to encounter powerful competitors in the higher-stop from the incumbents Apple and Samsung, as effectively as Chinese players like Honor, a spin-off from Huawei. Samsung in January launched its flagship S24 sequence of telephones.

Xiaomi has been attempting to speak up its enterprise outside of smartphones, nonetheless. Last calendar year, Xiaomi released its initially electric powered car or truck, the SU7, opening up a new item category for the Chinese large. Xiaomi debuted the vehicle at MWC, exhibiting it off for the 1st time in Europe.

The organization also launched the Smart Band 8 Professional, Xiaomi Enjoy S3, and Xiaomi Look at 2 – a sensible health and fitness band and two smartwatches.

Xiaomi is striving to placement itself as a company providing a selection of purchaser equipment that can all be linked together through its personal running procedure – HyperOS — which it launched last yr. This is a very comparable approach to what Samsung and Apple do.

Xiaomi 14

The Xiaomi 14 will come in two variations — the regular Xiaomi 14 and the Xiaomi 14 Extremely.

For the more highly-priced Xiaomi 14 Ultra, the enterprise talked up its “quad” digital camera, which employs lenses from German firm Leica.

The firm touted the professional photography and videography characteristics including a “movie method” which enables “an reliable cinematic appear and movement blur,” according to a Xiaomi push release.



Source

Palantir tops  billion in revenue for the first time, boosts guidance
Technology

Palantir tops $1 billion in revenue for the first time, boosts guidance

Palantir topped Wall Street’s estimates Monday, surpassing $1 billion in quarterly revenue for the first time, and hiking its full-year guidance. Shares rallied more than 5%. Here’s how the company did versus LSEG estimates: Earnings per share: 16 cents adj. vs. 14 cents expected Revenue: $1.00 billion vs. $940 million expected The artificial intelligence software […]

Read More
Firefly Aerospace lifts IPO range that would value company at more than  billion
Technology

Firefly Aerospace lifts IPO range that would value company at more than $6 billion

Firefly Aerospace CEO Jason Kim sits for an interview at the Firefly Aerospace mission operations center in Leander, Texas, U.S., July 9, 2025. Sergio Flores | Reuters Firefly Aerospace has lifted the share price range for its upcoming initial public offering in a move that would value the space technology company at more than $6 […]

Read More
Amazon cuts some Wondery podcast jobs as part of reorganization of audio business
Technology

Amazon cuts some Wondery podcast jobs as part of reorganization of audio business

The logo for Wondery is displayed on a smartphone in an arranged photograph taken in the Brooklyn borough of New York, U.S., on Tuesday, Sept. 29, 2020. Gabby Jones | Bloomberg | Getty Images Amazon is terminating some positions in its Wondery podcast division and the head of the group is leaving as part of […]

Read More