XIAOMI-W News

[Brokerage Focus] Goldman Sachs: China's smart phone market welcomes the innovation wave of foldable phones, new forms and component upgrades become growth drivers.

Goldman Sachs' latest research report titled "China's Smart Phones: Surge in Foldable Phone Patents, New Forms and Component Upgrades Lead Growth" points out that the institution has reviewed the patents for foldable phones and the pipeline for new models, holding an optimistic view on the future market penetration of foldable phones. The report emphasizes a significant increase in the number of patents submitted in 2024, reflecting the following trends: 1) The development of new forms, shifting from clamshell and horizontal foldable phones to three-fold and four-fold phones, which is expected to enhance the value of the supply chain; 2) Component upgrades: more durable panels and newly designed hinges, especially for three-fold phones.

Jinwu Financial NewsDec 4 03:25 ET

Minsheng Securities: AI empowerment accelerates the rise of smart terminals, and multiple new AI glasses are worth looking forward to.

AI empowerment accelerates the rise of smart terminals, drawing a parallel to the evolution of the smartphone industry, and is bullish on the future of a dual-channel market structure.

Zhitong FinanceDec 4 01:00 ET

Xiaomi Group's senior management has changed again! The general manager of new retail, Ma Ji, has resigned.

① Ma Ji has been removed from the senior page of the Xiaomi Group official website; ② Xiaomi Group has undergone three senior management changes this year.

cls.cnDec 3 06:53 ET

Major bank rating | ubs group: raised target price for Xiaomi to HKD 33.5. In the third quarter, core business profit and electric vehicle business gross margin both exceeded expectations.

UBS Group's report pointed out that Xiaomi's performance in the third quarter hit a record high, with profits from core businesses (smart phones, internet of things and lifestyle consumer products, as well as internet services) and the gross margin of its electric vehicle business exceeding the bank's and market expectations. The bank believes that Xiaomi's strong execution in high-end global strategy will drive stable growth in its core profits and unleash the upside potential of its smart electric vehicle business. The bank reiterates a "buy" rating on Xiaomi, raising the target price from HK$20 to HK$33.5, and expects the average annual compound growth rate of Xiaomi's smart phone sales from 2025 to 2027 to stabilize at 5.2%, compared to 2024.

Gelonghui FinanceDec 2 21:45 ET

Chinese Automakers BYD, Leapmotor and Xiaomi Smash Annual Delivery Targets Ahead of Schedule

CNBCDec 2 03:16 ET

Building Apple Products Has Become a Side Hustle for China's Biggest EV Maker

WSJDec 2 02:43 ET

November electric vehicle delivery report: BYD's electric vehicle sales exceeded 0.5 million, Xiaopeng broke through 0.03 million for the first time, and Chongqing Sokon Industry Group Stock saw a year-on-year sales growth of 54.58%.

Last month, the delivery volume of the Xiaomi SU7 continued to exceed 20,000 units, and Xiaomi expressed confidence in achieving the new delivery target of over 130,000 units for the year.

wallstreetcnDec 1 18:06 ET

Express News | Exclusive-Mercedes-Benz to Use Momenta Software in 4 Car Models in China: Sources

ReutersNov 29 11:27 ET

Hefei issued 44 million yuan in consumer vouchers and Ideal launched a zero-interest financial plan. Local governments and car companies are competing for the year-end "consumption wave".

① On November 29, according to the Hefei Municipal Bureau of Commerce, from November 29 to December 8, 2024, new consumer vouchers for autos will be issued in Hefei, totaling 44 million yuan. ② On the same day, Li Auto announced a limited-time 0% interest policy until the end of the year. From now until December 31, users purchasing the Li L-series and Li MEGA can enjoy a minimum down payment financing plan with 0% interest for 3 years.

cls.cnNov 29 00:07 ET

【Brokerage Focus】Industrial Securities maintains a "buy" rating on Xiaomi Group (01810) and is bullish on the company's strategy for high-end smartphones.

Jinwu Financial News | Industrial Securities released a research report indicating that Xiaomi Group (01810) had a revenue of 92.5 billion yuan in Q3 2024 (in RMB, the same below; YoY +30.5%, QoQ +4.1%), which is higher than Factset's consensus expectation of 91.2 billion yuan. The net income was 5.34 billion yuan (YoY +9.7%, QoQ +5.3%), exceeding Factset's consensus expectation of 4.846 billion yuan. The Non-IFRS net income was 6.252 billion yuan (YoY +4.4%, QoQ +1.2%), which is also above Factset's consensus expectation of 5.961 billion yuan.

Jingwu Financial NewsNov 28 19:56 ET

Zhitong Hong Kong Stock Short Selling Statistics | November 29

Hong Kong stock short-selling statistics | November 29.

Zhitong FinanceNov 28 19:20 ET

Grow With Xiaomi: Building a Sustainable Open Ecosystem for Apps, Services and Contents

PR NewswireNov 28 03:48 ET

China Automobile Circulation Association: From November 18 to 24, the average daily trade volume of used cars was 0.0655 million vehicles, a decrease of 1.76% compared to the previous period.

In the third week of November, the daily average trading volume of used cars was 65,500 vehicles, a decrease of 1.76% compared to last week, but an increase of 2.1% compared to the same period in October.

Zhitong FinanceNov 28 03:23 ET

gtja: Cloud applications and terminal asia vets drive industrial upgrades; AI track companies are welcoming significant development opportunities.

Tai Jun An released a research report stating that with the acceleration of AI application processes and the continuous emergence of scenario implementation cases, coupled with the dual drive of cloud applications and asia vets for industrial upgrades, companies in the AI track are ushering in important development opportunities.

Zhitong FinanceNov 27 17:28 ET

EV Sales Slow As Consumers Grow Weary Over High Costs, Charging NeedsHybrid Cars Have Outperformed Expectations Originally Set for EVs in 2024

IBTimesNov 27 16:50 ET

BYD Shows China's Car Business Isn't Getting Easier for Anyone, Including Tesla -- Barrons.com

Barron'sNov 27 09:38 ET

Market Chatter: Qualcomm, MediaTek May Lose Xiaomi Sales as Chinese Firm Prepares In-House Mobile Chip

MT NewswiresNov 27 06:46 ET

Future of EV Manufacturing Market Worth 46,315 Thousand Units by 2035| MarketsandMarkets

Yahoo FinanceNov 27 06:45 ET

Apple iOS to Pick up Pace Vs Android in 2025 After Modest Smartphone Growth in 2024: IDC

Seeking AlphaNov 27 06:14 ET

Express News | Shipments of Foreign Branded Phones Including Apple Iphones Within China Down 55.75% Y/Y at 6.22 Million Handsets in Oct - Reuters Calculations Based on Caict Data

ReutersNov 27 02:35 ET