Xiaomi has incredibly lofty smartphone shipment goals for 2021

Xiaomi Mi 10 Pro back standing up

Credit: David Imel / Android Authority

  • Xiaomi is reportedly aiming to ship between 240 million and 300 million smartphones in 2021.
  • It’s believed that the latter target likely won’t be achieved due to supply chain constraints.

Xiaomi has enjoyed a stellar 2020 thus far, owing to the combination of the COVID-19 pandemic, Huawei’s US-induced slide, and a focus on new markets. The company has passed Apple for third place in Q3 2020, and it seems to be closing in on Huawei too.

Now, Nikkei Asian Review reports that the firm has some incredibly ambitious goals for 2021. The outlet reports that Xiaomi has been talking to suppliers to order parts for up to 240 million smartphones, citing sources close to the matter.

It’s believed that this number not only exceeds Xiaomi’s annual shipments to date, but would be roughly equivalent to Huawei’s record high of 240.6 million smartphone shipped in

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Chinese smartphone maker Xiaomi raises $3.9 billion in equity deal – term sheet

HONG KONG (Reuters) – Chinese smartphone maker Xiaomi Corp has raised $3.91 billion as part of a deal that includes Hong Kong’s largest top-up placement, according to a term sheet seen by Reuters.

FILE PHOTO: People are silhouetted in front of Xiaomi’s logo at a venue in Beijing, May 10, 2016. REUTERS/Kim Kyung-Hoon/File Photo

Potential investors have been told the price should be HK$23.70 for the 1 billion shares that are being sold down in the deal, the term sheet showed.

The price is at the lower end of the range flagged by the company on Tuesday when it said the deal would be between HK$23.70 and HK$24.50.

At HK$23.70, the placement would raise $3.06 billion.

A convertible bond deal to raise $855 million was also finalised Wednesday, according to the term sheet, to take Xiaomi’s total raising to $3.91 billion.

Xiaomi’s deal is the largest top-up placement in Hong

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Problems downloading Google apps on your Huawei smartphone? This is the reason

The conflict between the Chinese technology company and the US government could prevent you from using your favorite applications.

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2 min read

This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.


If you recently released a Huawei brand smartphone , you may have a problem installing Google applications. The reason behind the new “failure” would be the fight that the United States government maintains against the Chinese multinational.

Last September, Huawei announced that its devices would no longer have Google services by default. Despite the decision, there were ways to download the tech giant’s apps, but now they are failing. In addition, it is possible that smartphones that already had Google installed also begin to present difficulties.

A Reddit user reported problems downloading the

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Xiaomi’s profit jumps as smartphone shipments surge

SHENZHEN/SHANGHAI (Reuters) – Xiaomi Corp on Tuesday reported a 19% jump in third-quarter net profit, beating estimates, as the Chinese smartphone maker’s shipments over the quarter surged by 45.3% on a year earlier.

FILE PHOTO: People wearing protective face masks visit Xiaomi brand’s store, amid the outbreak of the coronavirus disease (COVID-19) in Kyiv, Ukraine October 22, 2020. REUTERS/Valentyn Ogirenko

Xiaomi has grabbed market share in China and Europe as its rival Huawei Technologies has faced U.S. sanctions that have hit its supply chain.

The company expects it will continue to gain market share after the latest round of U.S. sanctions against Huawei disrupted its supply chains in August..

Xiang Wang, Xiaomi’s president, when asked whether Huawei’s problems had helped Xiaomi, said that the company was “paying attention to what is happening into the market,” but was continuing with its own strategy.

Xiaomi’s smartphone revenue rose to 47.6 billion yuan,

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