Hong Kong stocks lead gains in Asia-Pacific markets as Xiaomi shares surge 15%
This is CNBC's live blog covering Asia-Pacific markets.
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This is CNBC's live blog covering Asia-Pacific markets.
GUANGZHOU -- Xiaomi, a new challenger in China's EV wars, plans to double its developers of driver assistance technology to 2,000 by 2025 as it seeks an edge on rivals.
U.S. stock futures rose Friday, putting the the Dow Jones Industrial Average on track for another winning session.
TAIPEI -- Top German chipmaker Infineon has reached an agreement to supply Chinese EV maker Xiaomi with advanced power semiconductors until 2027, in a move to tap the growing electric car market in China and beyond.
Apple has slipped to fifth place in China’s cellphone sales ranking, outsold by local rivals Huawei, OPPO, Honor and vivo.
HONG KONG -- Beijing's premier automobile exhibition is back after a four-year hiatus, highlighting how Chinese automakers have pushed the electrification of the world's largest car market while expanding their own global footprints.
Apple iPhone shipments plunged nearly 10% globally in the first quarter of 2024, pressured by double-digit growth in shipments by Chinese challengers Xiaomi and Transsion, a report from International Data Corporation showed.
BEIJING/TOKYO -- Xiaomi, one of the world's largest smartphone makers, has jumped into the electric vehicle market, releasing a model that is priced at less than half that of EVs offered by Tesla of the U.S. and Porsche of Germany, despite offering better performance than those prestigious brands.