losses

Lately Xiaomi has seen a rapid slump in the sales of smartphones however they are not worried about the recent downturn in sales. According to the Global VP Hugo Bara, "We could sell 10 Billion smartphones and we wouldn't make a single dime in profits." The reason for this is that Xiaomi devices...

We all know by now that what ended up being the best phone of the year has also been recalled twice and discontinued due to the fact that it has a tendency to randomly explode. We already knew that the initial recall of the device cost Samsung about $1Billion, but it turns out the Note 7 debacle...