Apple and Samsung's throne shaken by Xiaomi

Xiaomi saw strong growth in the smartwatch space last year and is aiming for even bigger growth in the near future. To achieve this ambition, Xiaomi is reportedly raising up to $5.27 billion through an additional round of funding. The funds will be used to fuel expansion plans, enhance technology research and development, and meet general business needs.

Xiaomi is making great strides in the smartphone market.

Xiaomi benefits from China's loosening policies

Xiaomi’s move reflects a broader trend in Chinese companies looking to raise equity deals before 2025. Chinese companies raised a total of $16.8 billion in equity offerings in the first quarter of 2025, double the amount from the same period last year. The loosening of government oversight of big tech companies and the rise of AI companies like DeepSeek have sparked renewed interest in Chinese stocks from global investors.

Xiaomi has also announced plans to expand its presence both domestically and internationally, with the goal of opening 10,000 new Mi Home stores outside China over the next five years. The move signals Xiaomi’s big ambitions to expand its footprint and capture global market share.

Xiaomi's smartphone market share surpasses Apple's, almost equal to Samsung's, but still falls short in this regard

Surpassing many other Chinese brands, Xiaomi smartphones have made a strong presence in the international market. Recently, the Xiaomi 15 Ultra model made a big splash when it achieved a high score in the camera test rankings, on par with the Galaxy S25 Ultra. According to an expert, this is "a beautiful camera mounted on a phone".

If Xiaomi continues to deliver impressive experiences and make its low-cost smartphones more accessible globally, the company could capture an even larger market share, especially with the help of a $5.27 billion investment in its expansion plans.

Source: https://thanhnien.vn/ngoi-vuong-cua-apple-va-samsung-lung-lay-boi-xiaomi-185250325102402383.htm