Apple's iPhone sales in China reportedly took a tumble at the end of 2024, with a considerable reduction in sales putting it in a dead heat with homegrown Xiaomi.

Xiaomi's president of mobile phone department, Lu Weibing, reportedly answered user questions and highlighted the long-awaited 15 Ultra. Weibing stated in a video that the device will see a "simultaneous" launch in China and overseas markets after the Chinese New Year.

There is no simple route to valuing China's Xiaomi . The company, best known for its smartphones and internet-connected rice cookers, air purifiers and other gadgets, began selling electric cars last year.

President Lu Weibing indicated that the recent national policy of subsidizing electronic consumption in Mainland China has captured immense attention, as the daily sales volume of Xiaomi's smartphones in the past few days has reached four times of what it was before the national subsidy,

China can tap a large software engineer talent pool from its consumer-focused companies, Pan Jian of battery maker CATL told the World Economic Forum.

Noyb, which stands for "None Of Your Business," has previously filed similar complaints against major US tech companies like Apple, Google, and Meta.

The launch window is now official as well. Xiaomi's 14 Ultra was unveiled in China last February, only a few short days before making its global debut

Apple faced two downgrades ahead of earnings, with analysts citing weak iPhone demand. China continues to be a headwind for sales.

In November, Lei Jun, founder of Xiaomi, announced sales exceeded 100,000 models, and 120,000 sales were within reason. By the end of the year, Jun stated sales had exceeded 135,000 models, more than double the original sales target and with only nine months on the market.

Xiaomi has just announced a new limited edition accessory for its popular Redmi K80 series in China. The company has unveiled the Redmi K80 Table Tennis Special Edition case. This brings a unique design, so here are all the details regarding its design, pricing, and more.

WeRide CFO Jennifer Li told Business Insider that China's high-tech EV industry was giving its robotaxi firms a major advantage.

Discover the Xiaomi, Redmi, and POCO devices receiving the HyperOS 3 update with Android 16 enhancements and features.