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[Weekly News] [Xiaomi Weekly #73] Xiaomi Achieves Growth Amid Headwinds, Under-Display Camera Technology and More!

2020-08-31 09:51:46
9854 101

Hello Mi Fans,

We are here with the weekly round-up - Xiaomi Weekly which features News from Xiaomi Global and important highlights which you can't afford to miss. Our team covers latest news about Xiaomi from around the world. Our team tries to bring in all the latest information to the readers at the earliest. Here are the major news from Xiaomi last week.

Headlines :
1. Xiaomi Achieves Growth Amid Headwinds in 1H 2020, Revenue and Profit Beat Market Consensus!
2. Xiaomi Unveils 3rd Generation Under-Display Camera Technology
3. Xiaomi is working on a “Device Control” app, to let you control your phone on your PC!

Bulletin:

1. Xiaomi Achieves Growth Amid Headwinds in 1H 2020, Revenue and Profit Beat Market Consensus!

Xiaomi Corporation (“Xiaomi” or the “Group”; stock code:1810), an internet company with smartphone and smart hardware connected by an Internet of Things (“IoT”) platform at its core, today announced its unaudited consolidated results for the three and six months ended 30 June 2020 (“1H2020” or “the Period”).


Xiaomi Corporation said, “In the first half of 2020, despite the impact of COVID-19 and great global uncertainties, Xiaomi's diversified business ecosystem has demonstrated its resilience, as both revenue and adjusted profits beat market consensus, while our operations continued to expand. We made the Fortune Global 500 list for the second time, ranking 422nd, up 46 places from last year. With 2020 being Xiaomi's 10th anniversary, we have upgraded our core strategy to ‘Smartphone X AIoT’, with AIoT revolving around our core smartphone business, enabling us to lead the future way of smart living. Looking forward to the next decade, we will firmly adhere to our‘three guiding principles’ – never cease to explore and innovate, continue to offer products with strong price-to-performance ratio, and seek to make the coolest products, so as to let everyone in the world enjoy a better life.”

Read more from the Thread by Vincent Khoo - (News Smod)


2. Xiaomi Unveils 3rd Generation Under-Display Camera Technology

[size=16.7383px]
Xiaomi announced that it will officially kick-start mass production of smartphones equipped with the 3rd Generation Under-Display Camera. This marks Xiaomi’s latest strategic step forward towards the high-end smartphone segment bolstered by the company’s continuous technological innovation.  


[size=16.7383px]Xiaomi’s recently-released half-year earnings report demonstrated the company’s outstanding performance in the premium smartphone market. In the second quarter of 2020,  the average selling price (“ASP”) of the Group’s smartphones increased by 11.8% YoY. New flagships including Xiaomi’s Mi 10 series and the newly-launched Mi 10 Ultra took the lead and solidified the brand’s position in the high-end market.

Read more from the Thread by Vincent Khoo - (News Smod)


3. Xiaomi is working on a “Device Control” app, to let you control your phone on your PC!

MIUI is Xiaomi’s custom UX for its range of Mi, Redmi, and POCO smartphones. On these smartphones, the underlying version loses some of its importance, as the visible feature set is dictated more so by the MIUI version. The latest MIUI 12 beta on the Mi 10 Ultra adds a new app called Xiaomi Device Control that lets you control your phone from a PC, much like what Microsoft’s Your Phone app does with Samsung Galaxy smartphones.


A telegram channel called miuiknoun reported that the Mi 10 Ultra (codename “cas”) comes with a new app called Xiaomi Device Control on the latest MIUI 12 beta.

Read more from the Thread by ᎮᏒᎥᏁፈᏋ - (News Reporter)



Which News Thread Do You Like the Most?
Kindly vote and help us make progress!



Thanks to Admin Elaine2046 and SMod vincent_khoo for Continuous Support!
Thanks to all those who have put efforts in covering the aforementioned News!


Previous editions of Xiaomi weekly news:

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