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Xiaomi’s Stock Price Rises After the Launch of Mi 11

WARTA PONTIANAK – Shares Xiaomi on the Hong Kong Stock Exchange Tuesday morning opened higher, more than 3 percent, after releasing its newest flagship phone, Wed 11, on Monday night (28/12).

The phone with the world’s first Snapdragon 888 uses a 2K 6.81-inch quad-curved AMOLED screen, and is priced at price starting from 3,999 yuan or around Rp.8.6 million.

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Quoted from the Gizchina page, Tuesday, December 29, 2020, as reported wartapontianak.pikiran-rakyat.com quoted from www.antaranews.com, smartphone shipments Xiaomi in the third quarter it increased 42 percent year-on-year to 46.5 million units, with a market share of 13.1 percent.

The numbers make up Xiaomi surpassed Apple, and re-entered the top three of the global smartphone manufacturer rankings after six years.

On 23 December, market values ​​were recorded Xiaomi broke through the 100 billion US dollar level, and officially joined the corporate club which has a market value of 100 billion US dollars.

In a press conference Wed 11, founder and CEO Xiaomi Lei Jun said that price the stock is lower than price stock when published two years ago. “This is what makes me very depressed over the past two years,” said Lei Jun.

Founded in March 2010, Xiaomi developed into a technology company that focuses on developing smart phones, smart tv, and smart home devices.

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