In February of this year, Emdoor Virtual's CEO, Shi Qing, did not shy away from talking about labels such as "low-end," and "counterfeit," and believed that low-priced products are not shameful. The company plans to ship 500,000 units this year.
On September 9, Xiaomi introduced its new wireless charging technology, including the world’s first 30W wireless fast charging technology as well as high power reverse-charging capabilities
Xiaomi released its financial report for the second quarter of 2018, also its first post-IPO financial report on August 22. Total revenue reached 45.24 billion yuan ($6.6 billion), a year-on-year increase of 68.3 percent.
Bloomberg reported that Huami, Xiaomi‘s subsidiary, has started its roadshow for an initial public offering in the US. Huami plans to be listed on the Nasdaq global market on February 8.
