Home › Xiaomi to pounce on Huawei market share with $4bn share sale
 

Keywords :   


Xiaomi to pounce on Huawei market share with $4bn share sale

2020-12-01 01:00:00| Total Telecom industry news

Today, reports suggest that Chinese smartphone maker Xiaomi is poised to sell 1 billion shares in an effort to raise $3.2 billion, with a further $855 million to be generated from a seven-year, zero-coupon convertible bond.    In total, the company is aiming to raise around $4 billion to expand its operations, particularly in order to capitalise on the continuous international pressure of their domestic rival Huawei…read more on TotalTele.com »

Tags: share sale market market share

Category:Telecommunications

Latest from this category

All news
28.01Effective Housekeeping With Rackspace Managed Snapshot Cleanup
20.01Redefining Detection Engineering and Threat Hunting with RAIDER
Telecommunications »
30.01Trump threatens tariffs on countries selling oil to Cuba
30.01Venezuelan MPs approve bill to open up oil sector to private firms
30.01Visit the North Sea oil field used to store greenhouse gas
30.01Why the US dollar hit a four-year low and could fall further
29.01Millions to get 150 off energy bills for further five years
29.01Millions to get 150 off energy bills for further five years
29.01Apple reports best-ever iPhone sales as Mac dips
29.01Venezuelan MPs approve bill to open up oil sector to private firms
More »