There is no simple route to valuing China's Xiaomi . The company, best known for its smartphones and internet-connected rice ...

Mr Russo added that Xiaomi's entry into the car market reflected its confidence "in the relevancy for their brand" in China while Apple did not see enough potential in the EV market outside of China.

The Xiaomi 15 Ultra has been officially confirmed for a February 2025 launch, just as the Xiaomi 14 Ultra was unveiled in February 2024. Xiaomi’s President and General Manager of its Smartphone ...