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China’s Xiaomi ditches mainland share offering plan

HONG KONG (Reuters) – Chinese smartphone maker Xiaomi Corp said on Friday it had scrapped a mainland share offering plan in order to focus on its business development. The company filed an application for a public offering of China depositary receipts (CDRs) i... More »

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Nokia, China`s Xiaomi sign patent deal

A Nokia logo is seen at the company’s headquarters in Espoo, Finland, May 5, 2017. REUTERS/Ints Kalnins Telecoms network equipment maker Nokia and Chinese smartphone maker Xiaomi Technology have signed a patent licensing agreement, the companies said on Wednes... More »