Xiaomi

Xiaomi's shares traded in Hong Kong surged Wednesday, rising 6.1 percent to HK$26.1 by the close of trading.

Xiaomi had its best-ever single quarter, up 62 percent year-on-year, with 49 million units shipped.

Chinese smartphone giant Xiaomi could be the first company to use Samsung's 200-megapixel sensor, a Weibo blogger said on April 26.

In terms of orders, Xiaomi is very aggressive in sourcing a lot of flexible OLEDs from Samsung Display, meaning the company will hit the mid-to-high-end market in 2022, the report said.

Xiaomi said the phone is positioned as a flagship gaming phone and keeps its affordable feature.

Some models of Xiaomi and Redmi TVs will have their prices adjusted, but Xiaomi will take advantage of its supply chain to ensure that the price hike remains as cost-effective as possible, the company said.

Xiaomi has become the No. 1 smartphone maker in China and the No. 3 in the world with a global market share of 13 percent in February, while Huawei sits fourth in China with a 4 percent global market share, according to a new report from Counterpoint Research.

Surge C1 is an image signal processor (ISP) that uses self-developed algorithms to help cell phones perform finer and more advanced 3A processing.

Chinese smartphone giant Xiaomi unveiled its first foldable phone, the MIX FOLD, at the 2nd session of its spring launch event on Tuesday.

The new logo is based on a new design concept called "Alive" by Japanese graphic designer Kenya Hara, which incorporates Eastern philosophical thinking into Xiaomi's brand vision.