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(OP:XIACF)

5.070 UNCHANGED
Streaming Delayed Price Updated: 3:58 PM EST, Dec 31, 2025 Add to My Watchlist
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News headline image
India Overtakes US As Second-Largest Global 5G Smartphone Market ↗
This story was originally published on the Benzinga India portal. 
Via Benzinga
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Xiaomi Hits EV Milestone With 27K SU7 Sales In Q2, Sets Sights On 120K Deliveries Next Year ↗
China's latest EV entrant Xiaomi said on Wednesday that it delivered over 27,000 electric vehicles in the three months through June in China. 
Via Benzinga
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Apple's Margins Hit Near Decade-Low In China Due To Discounting, Weaker Yuan, Says Analyst: Competitive Pressure Or Management's Deliberate Plan? ↗
Apple's Q3 report showed that China was the worst-performing geography and given the country's importance, this data should worry investors. 
Via Benzinga
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Will Apple Lay The Case For Easing Into AI Superhighway? Analysts Expect iPhone Maker's Q3 Results To Signal Inflection In Topline Growth ↗
Apple is considered a bellwether as its earnings report is considered a proxy for economic health, given the cues it offers regarding consumer spending. 
Via Benzinga
Topics Artificial Intelligence
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Xiaomi Seeks Major EV Expansion, Acquires Land For $116M ↗
Xiaomi buys land in Beijing for $116 million to expand EV production, aiming to meet 2024 sales goal of 100,000 cars. Chinese EV stocks trading lower. 
Via Benzinga
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Electric Vehicles Are Bleeding Insurers Money In This Key Market For Tesla And Other Auto Giants: Here's Why ↗
The rapid increase in the number of new energy vehicles in China has led to a financial conundrum for the country's insurers. The insurers are finding it challenging to make a profit from insuring... 
Via Benzinga
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Xiaomi Revs Up Electric Vehicle Gambit ↗
Key Takeaways: Xiaomi received regulatory clearance to mass produce electric vehicles independently, a crucial move as it seeks to ramp up its high-stakes EV drive The smartphone maker’s big EV... 
Via Benzinga
Topics Electric Vehicles
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Apple Rides On Heavy Discounts And Promise Of AI To Stabilize iPhone Shipments, But It's Still Losing Out To Chinese Rivals ↗
In the second quarter of 2024, both Apple Inc. and Samsung Electronics Co experienced a rise in smartphone shipments. However, the two tech giants saw a decrease in their overall market shares due to... 
Via Benzinga
Topics Artificial Intelligence
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Xiaomi Showcases SU7 Electric Sedan In India But Clarifies Sales Focus Only On China For 3 Years ↗
Xiaomi showcased its SU7 electric sedan in India to celebrate its 10th anniversary, but won't launch it there. It aims to deliver 120k units in China. 
Via Benzinga
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Xiaomi EV Boosts Production To Cut Xiaomi SU7 Waiting Times; Targets Over 100,000 Deliveries In 2024 ↗
Xiaomi EV, the car-making unit of Xiaomi Corp., has reportedly informed potential customers and existing order holders that it is enhancing production capacity to reduce waiting times for the Xiaomi... 
Via Benzinga
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How Are BYD, Xiaomi And Nio Boosting Car Sales? ↗
Chinese automakers, like BYD Co and Xiaomi Corp, are using livestreaming to attract younger buyers and showcase their technology and performance, following in Tesla's footsteps. This approach is... 
Via Benzinga
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Weak China Car Market Puts Brakes On Cheche's Growth ↗
Key Takeaways: Cheche’s net revenue rose 1% year-on-year in the first quarter, lagging growth rates for the value and number of transactions on its platform The results indicate both insurance... 
Via Benzinga
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Alibaba's 618 Shopping Festival Boosts Sales with Big Brands Like Apple, Xiaomi Leading the Way ↗
Alibaba's 618 shopping festival saw strong momentum with over 185 brands achieving high sales and support for their goal of double-digit revenue growth. 
Via Benzinga
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Xiaomi's Q1 Revenue Soars 27% As Global Smartphone Shipments Surge, Eyes Ambitious EV Goals ↗
Xiaomi reported a 27% revenue increase for Q1 2024, reaching RMB75.51 billion. The company's global smartphone shipments rose 33.7% to 40.6 million units, while IoT devices on Xiaomi's AIoT platform... 
Via Benzinga
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Another Sanction Failure: The US Blacklisted Xiaomi Three Years Ago Now It Makes EVs ↗
Just three years ago, the Chinese company Xiaomi decided to build cars. It succeeded where Apple failed. 
Via Talk Markets
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EV Market Set For 20-23% Growth, Led By China-Based Companies Like Nio, XPeng, Li Auto: JPMorgan ↗
J.P. Morgan's recent Battery Series provided insights on the industry's future, with 20-23% YoY growth projected for global EV sales in 2024. China leads, while US and Europe have muted expectations.... 
Via Benzinga
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Tesla Faces Stiff Price Competition In China From Latest Entrants Nio's Onvo L60 And Xiaomi SU7 ↗
China's latest EV entrants are looking to take on Tesla Inc's market share within the country, with vehicles priced competitively against the American EV giant's best-selling EVs in the country. 
Via Benzinga
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Chinese EV Greenhorn Xiaomi Has Already Delivered Its 10,000th EV Within 2 Months Of Launch ↗
The SU7 was officially launched on March 28, with deliveries of the Founders Edition commencing on April 3. 
Via Benzinga
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Retire Before 50: 7 Must-Own Stocks for Accelerated Wealth Building ↗
Seeking stocks for early retirement? These seven could deliver outsized returns to help you retire before 50. 
Via InvestorPlace
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Where Will Apple Stock Be in 1 Year? ↗
The tech titan is still struggling to expand its core businesses. 
Via The Motley Fool
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Market Crash Warning: Don’t Get Caught Holding These 3 Auto Stocks ↗
Here are three auto stocks to avoid in the event of a market crash due to floundering financials and unrealistic expectations. 
Via InvestorPlace
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What Is Going On With Apple? iPhone Sales Drop By Staggering 9.3M Units Globally In Q1 2024 Because Of This Even As Industry Grows 10%: Report ↗
Apple iPhone sales have plummeted 16% in the first three months of 2024, starting the year on a bad note for the Tim Cook-led company. 
Via Benzinga
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Mobileye Global Hit By Surprise EV Slowdown; This Analyst Turns Bearish ↗
Mobileye Global reported a 48% year-on-year decline in revenues for the first quarter. 
Via Benzinga
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Xiaomi's Budget EV Makes Waves With 70,000 Lock-In Orders ↗
Xiaomi founder Lei Jun said in an investor conference that the company aims to deliver over 100,000 SU7 vehicles this year. 
Via Benzinga
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Chinese EV Contender Xiaomi's Budget 'Tesla Killer' Zooms Past Sales Expectations By 3-5 Times ↗
Company CEO Lei Jun revealed the unexpected sales figures during a live stream on Douyin, the Chinese equivalent of TikTok, Reuters reported. 
Via Benzinga
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China's Newest EV Entrant Ignites Another Fierce Price War — Even Small Fry Feel The Heat ↗
Xiaomi's SU7 has a starting price of 215,900 yuan (about $29,850), lower than even the Tesla Model 3 in China. 
Via Benzinga
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As Apple Tosses Away EV Plans, Chinese Smartphone Titans Rev Up To Dominate Space ↗
Apple has put a damper on its electric vehicle (EV) ambitions, while Chinese smartphone companies are aggressively moving forward, with Xiaomi making a significant entry into the EV market. 
Via Benzinga
Topics Electric Vehicles
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Xiaomi CEO Predicts Tesla-Like Success As Chinese EV Debutant's 1st Electric Offering Zooms Off The Lot With Over 100K Orders ↗
The SU7 has a starting price of 215,900 yuan (about $29,838), lower than even the Tesla Model 3 in China. 
Via Benzinga
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Sell Tesla Stock Now as It Loses Its ‘Magnificent 7’ Shine ↗
Tesla continues to face fierce competition in China, so consider the challenging EV-market conditions if you're looking to buy Tesla stock. 
Via InvestorPlace
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Chinese EV Makers Scramble To Offer Incentives To Compete With Tesla And "Disruptive" Xiaomi ↗
The competition in China's EV world continues to heat up, as the market becomes more and more saturated. 
Via Talk Markets
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