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XIAOMI-W Reportedly Establishes Subsidiary in South Korea
XIAOMI-W (01810.HK) has established a subsidiary in South Korea to expand its influence in the local smartphone market, according to Yonhap News Agency.There were other reports fro...
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XIAOMI-W (01810.HK)  +0.600 (+1.747%)    Short selling $768.18M; Ratio 23.340%   has established a subsidiary in South Korea to expand its influence in the local smartphone market, according to Yonhap News Agency.

There were other reports from Korean media earlier indicating that Xiaomi has set up a dedicated subsidiary, Xiaomi Technology Korea Company (literal translation of "小米科技韓國公司"), in the Mirae Asset Center One Building on Euljiro, Seoul. It is understood that the new company currently has about 20 employees, and it is expected to officially launch shortly after the finalization of its business strategy.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-01-17 16:25.)

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