The REDMI K80 series will be released next Wednesday, rumored to come in four colors.
Redmi announced that it will hold a launch event next Wednesday (27th), coinciding with sales commencement. Wang Teng, general manager of the REDMI brand, stated that the K80 features a more refined design, adopting the same top hole-less design as the Xiaomi 15, achieving overall visual unity; the infrared remote control function is still retained, hidden within the camera module. The K80 boasts the strongest chip in Android, the best gaming dedicated graphics, and the best heat dissipation, paired with the REDMI Fury Engine 4.0. Additionally, it is rumored that the K80 will be available in four colors: white, blue, green, and black.
Xiaomi Group-W (01810.HK) granted 49.5937 million share reward shares and a total of 0.51 billion Xiaomi Hong Kong stock options.
On November 20, 2023, Xiaomi Group-W (01810.HK) announced that the company would grant a total of 49,593,741 shares as rewards to 2,425 selected participants, including group employees and service providers, according to the 2023 share plan on November 20, 2024. On the same day, Xiaomi Hong Kong granted a total of 510,335,236 Xiaomi Hong Kong share options to 2,951 selected participants who are employees of the Xiaomi Hong Kong Group according to the 2024 Xiaomi Hong Kong share plan.
Express News | Xiaomi Group continues to rise, now up more than 5%, its stock price hits a new high since June 2021.
Lei Jun: Xiaomi (01810.HK) end-to-end large-scale model full-scene asia vets driving will be officially released at the end of next month.
According to reports from domestic media, Lei Jun, founder, director, and CEO of Xiaomi (01810.HK), stated at the summit that ai insists on being intelligent toward reality, and being intelligent toward goodness is the core principle of technology serving social progress. Currently, ai technology has been widely applied in various business sectors of Xiaomi. For example, last month, Xiaomi launched a city navigation system that can be used nationwide, and at the end of next month, it will officially release an end-to-end large model for all-scenario intelligent driving, which can take you from parking space to parking space, allowing the car to start as soon as you get in. He added that ai has also played a significant role in new materials, like when Xiaomi was developing materials for large die-casting of automobiles.
Express News | Xiaomi's second car is expected to be launched in the first quarter of 2025.
DBS raises Xiaomi's (01810.HK) target price to 34 yuan, fully expanding into the high-end market.
DBS released a report raising the target price for Xiaomi-W (01810.HK) from 31 yuan to 34 yuan, maintaining a "buy" rating. The report indicates that Xiaomi's market share in Southeast Asia and Africa is rapidly growing, with increases of 0.6 and 1.1 percentage points respectively in the third quarter. This trend is expected to continue this year and next, with Xiaomi outperforming its Android smartphone peers. The firm noted that the company's diversified geographical revenue base helps mitigate the impacts of weak demand for smart phones in china. The firm also mentioned that Xiaomi is expanding its high-end smartphone market business, driven by the success of its "Fold", "Mix", and "Ultra" series, which will boost the average selling price of smartphones.