Xiaomi invests in Chinese appliance maker Midea | Adelaide Now -g-icon-error cloudy-day nav_small_right nav_small_right nav_small_right nav_small_right nav_small_right nav_small_right nav_small_right nav_small_right nav_small_right 0A0871E9-1636-49F4-9041

by:Yovog     2023-10-12
Xiaomi investment Chinese home appliance manufacturer midehong Hong Kong-Xiaomi Inc.
Investment in China 1.
26 billion yuan (US$203. 7 million)in local home-
Electric Appliance Manufacturers
In a deal aimed at improving the position of smartphone manufacturers in the Internet market,
Household electronic equipment.
Xiaomi, China\'s biggest smartphone maker by shipments, has made it 1.
The handset maker said in a written statement late Sunday that Midea holds shares.
Xiaomi said it will acquire 55 million shares of the United States on the 23rd.
Each item in 01 yuan represents 6 pieces.
The closing price of Midea Friday is 8 fold at 24 fold. 70 yuan.
Midea, listed on the Shenzhen Stock Exchange, produces consumer appliances such as air conditioners, washing machines and rice cookers.
Midea\'s share price rose 6 percentage points to 26 percentage points.
18 yuan on Monday.
Another disclosure by Midea on the Shenzhen Stock Exchange on Monday showed Xiaomi\'s founder and chief executive, Lei Jun, owned 77 companies in June.
Xiaomi and the remaining shares are held by other shareholders.
Midea also disclosed that Xiaomi\'s 26-day revenue realized a net profit of 0. 347 billion yuan.
5 billion yuan in 2013.
Xiaomi said the number in the US document only refers to Xiaomi.
A company owned by Xiaomi Group.
On November, The Wall Street Journal reported, citing a confidential document, that Xiaomi\'s profits were privately held.
5 billion yuan in 2013.
Xiaomi grew up in just over four years and became one of the world\'s largest companies in the third quarter.
Its success in the country benefits from its strategy of selling functional smartphones to compete with the best ofCo phones. and Inc.
But there\'s probably only one.
The third price.
Xiaomi says it saves money by selling devices online and using social media.
Xiaomi has always been a company, including inappropriate wearable devices.
A San Francisco startup that produces wearable fitness trackers.
Midea\'s latest deal allows the two companies to collaborate on \"smart home plans and electronics\", Xiaomi said.
But the investment is seen as part of Xiaomi\'s foray into the Internet-connected home appliance market.
Xiaomi said it will start selling an air purifier in mainland China on Tuesday after it was booked last week.
Air purifiers will be able to connect to the wireless network and be remotely controlled by smartphones, allowing users to monitor air quality in real time, the company said. Midea Group Co.
Smartphone maker Xiaomi disclosed in a document
Posted net profit of 0. 347 billion yuan (US$56 million)
Income is 26.
5 billion yuan in 2013.
Xiaomi said that the profit data in the US document only refers to Xiaomi.
A company owned by Xiaomi Group.
Earlier versions of the article mistakenly said that Midea\'s document called Xiaomi.
Announced net profit 3.
5 billion yuan last year. (Dec. 15, 2014)
Chat Online
Chat Online
Chat Online inputting...