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Xiaomi’s IoT Move: Strategy, Investment Philosophy, Challenges and Success Drivers
Xiaomi Goes for the Jugular Against Beleaguered Huawei | The Motley Fool
Xiaomi is well known due to its competitive and affordable smartphones. However, the company also has a huge portfolio of products in various segments. Apart from the smartphone market, the company also has a solid presence in the market of smart TVs, wearables, and just recently is expanding its presence in the smart home business. Now, the company has given an important step to strengthen this latter segment. Now, Xiaomi is one of the biggest shareholders in the company.
Xiaomi achieves growth amid headwinds in 1H 2020, revenue and profit beat market consensus
At first glance, this may be somewhat surprising, as Xiaomi's adjusted earnings actually declined during the quarter. Though revenue increased 3. Yet despite the anemic overall growth and an earnings decline, Xiaomi's stock shot up after the report. So what has investors so enthusiastic?
Bloomberg -- Xiaomi Corp. Under the Trump administration, the Defense Department placed Xiaomi on a list of companies with alleged links to the Chinese military, triggering financial restrictions that were set to go into effect next week. Xiaomi could reverse negative market sentiment on a temporary injunction against a U.