Xiaomi another beneficiary of Apple's China struggles

Hanno Labuschagne

Journalist
Staff member
Joined
Sep 2, 2019
Messages
5,723
Reaction score
4,012
Xiaomi another beneficiary of Apple's China struggles

Apple Inc.’s sales dip in China is providing an opportunity for yet another local Android smartphone maker to win favour with customers and investors.

Xiaomi Corp. has gained about $20 billion in market value since a June low on excitement over its latest handset as well as as forays into electric vehicles and other businesses.

[Bloomberg]
 
Top
Sign up to the MyBroadband newsletter