Xiaomi is on the rise again
Chinese phone manufacturer Xiaomi is on the rise again. The company had a very good quarter and its revenue increased for the first time in two years.
Although Xiaomi has become the number one phone manufacturer in China, especially after the decline of Huawei, the last couple of years have not been very good for the company. The stagnation in the smartphone market deeply affected them, too. This has caused the company’s revenue to decline slightly every quarter for the last two years. However, the recent activity in China’s smartphone market has enabled Xiaomi to rise again. The company’s revenue increased for the first time in two years.
The Chinese technology giant earned a total of 70.9 billion yuan, or approximately 9.9 billion dollars, from sales in the last quarter. announced. The company exceeded expectations with this performance. Because expectations pointed to 70.5 billion yuan. The company’s net income was announced as 4.9 billion yuan, which was above expectations.
Moreover, the company is very hopeful about the last quarter of the year. Xiaomi sales are expected to increase during this period, when shopping volume increases as it covers many holiday periods such as Thanksgiving, Christmas and New Year. Despite this increase in the last two quarters, the company’s sales will have decreased by approximately 5 percent compared to the previous year. However, considering that the company had a bad start to the year, this decline is not that bad. At least it is much more positive than the picture that emerged at the beginning of the year. Moreover, if the sales chart maintains its upward trend, next year’s sales figures may exceed 2022’s.
The fact that the flagship smartphone series Xiaomi 14 was met with interest by users played a major role in the recovery of the Chinese technology giant in the last quarter. The popularity of this new series was also reflected in the company’s sales figures.
News
TSMC Successfully Completed the Trial Chip Production of the 2nm N2 Process
TSMC successfully carried out trial chip production on the 2nm N2 process with a 60% efficiency rate.
TSMC successfully carried out trial chip production on the 2nm N2 process with a 60% efficiency rate.
This study at the Baoshan facility in Taiwan’s Hsinchu County showed better results than expected, according to a new report. Following these successful trials, TSMC will reportedly begin mass producing 2nm chips at its facility in Kaohsiung, Taiwan next year.
Apple and Nvidia are expected to be among the first companies to supply chips manufactured on TSMC’s N2 node. Previous reports had suggested that 2nm chips would be used in iPhone 17 Pro models, but recent news claims that these chips will be used for the first time in the iPhone 18 Pro in 2026. According to rumors, the cost of the chips produced by TSMC in the 2nm process will be twice as much as the 4 and 5nm chips and they are expected to be sold at a price of $ 30,000 per chip.
While these developments reinforce the company’s advanced technology production capacity and leadership in the market, they also show the desire of major technology giants such as Apple and Nvidia to benefit from the latest chip technologies. This success of the company will enable the development of a wide range of innovative products, from mobile devices to high-performance computing, and is expected to have a significant impact on the technology industry.
As a result, the company’s successful trial production in the 2nm N2 process and mass production efforts that will start next year are considered an important turning point in the semiconductor industry. While these developments reinforce TSMC’s technology leadership, the adoption of the latest chip technologies by major players such as Apple and Nvidia will ensure that the future is equipped with faster, more powerful and more efficient devices. This success of TSMC is a global technology It will contribute to the spread of innovative solutions and advanced technologies in the ecosystem and will further intensify competition in the industry.
Mobile
Oppo Find X8 series Broke a Worldwide Sales Record
Oppo equipped with Dimensity 9400 chip Find X8 And Find X8 Pro introduced its models in China on October 24. In November, both phones went on sale in larger markets around the world.
Oppo equipped with Dimensity 9400 chip Find X8 And Find X8 Pro introduced its models in China on October 24. In November, both phones went on sale in larger markets around the world.
Wall StreetJournal A report by reveals that the Find X8 series has achieved remarkable sales performance globally. In China, the Find X8 series has surpassed 1 million units sold since its launch in October, breaking the record for the highest sales of the Find series in the same time period. This success demonstrates Oppo’s strong position in the local market and how well the brand attracts consumer attention.
According to market data, the Find X8 series broke new sales records in many key markets such as Singapore, Thailand, Indonesia, Italy, Spain and Malaysia. Initial sales figures of the Find X8 series in these regions showed 1 to 2 times growth compared to its predecessor. Particularly in Malaysia, the series attracted attention by breaking the previous first sales records of the Find series. Oppo’s market share in the premium smartphone segment (priced at $500 and above) consistently ranks in the top three in 14 countries and regions worldwide, according to data from Canalys. Unlike many other Chinese companies that rely on aggressive pricing strategies to gain market share, Oppo has focused on product innovation and quality improvement. This approachhas allowed Oppo to build a loyal customer base and achieve sustainable growth.
The success of the Find X8 series can be explained by its innovative design, top-notch cameras, outstanding performance and competitive pricing. The series features an ultra-thin and flat screen design, which has been well received by consumers. Additionally, the smartphones are equipped with the flagship Dimensity 9400 chipset, which ensures smooth gaming experiences and long-lasting battery life. The inclusion of advanced imaging capabilities such as AI-powered photography and professional Hasselblad portrait modes have further increased the appeal of the devices. The appearance of the Find X8 series is quite similar to the latest iPhone models. Notably, the Find X8 Pro has a physical quick button similar to the Camera Control feature of the iPhone 16 series.
“We just want to convert Apple users,” Oppo Chief Product Officer Pete Lau said. “To put it bluntly, we want to give Apple users another option,” he said, emphasizing that Apple’s large user base presents a huge opportunity for Oppo. He stated that the number of Apple users is very large and this creates a significant market opportunity for every Android brand.
Crypto
Bitcoin Trying to Hold on to the $98,000 Level
On the first day of the new week, Bitcoin is trading at $98,641 and Ethereum is trading at $3,886. The total value of the cryptocurrency market is 3.5 trillion dollars. Bitcoin’s market cap is $1.94 trillion, and Ethereum’s market cap is $468 billion.
On the first day of the new week, Bitcoin is trading at $98,641 and Ethereum is trading at $3,886. The total value of the cryptocurrency market is 3.5 trillion dollars. Bitcoin’s market cap is $1.94 trillion, and Ethereum’s market cap is $468 billion.
Ethereum ETFs experience highest weekly inflows since launch, Bitcoin ETFs surpass Satoshi’s estimated holdings by 1.1 million BTC
Spot Ether ETFs have recorded ten consecutive days of net positive inflows for the first time since their launch in July 2023. A total of $83.8 million was entered into these funds on Friday. More than half of this amount was made up of Fidelity’s FETH fund with $47.9 million. Daily transaction volume reached approximately 992 million dollars, reaching the second highest daily transaction level excluding the launch week.
A record $836.7 million inflow was achieved into Ether ETFs last week. This represents a 62% increase over the previous highest weekly entry. BlackRock’s ETHA fund was the leader with an inflow of $520 million in the last week, while Fidelity’s FETH fund followed with $276 million. The strong rise in the Ethereum price, exceeding $ 4,000, played an important role in increasing this interest.
Additionally, Ethereum’s on-chain transaction volume in November reached its highest level since December 2021. Similarly, US-based spot Bitcoin ETFs also recorded positive inflows for seven consecutive days.
During this period, there was a total net inflow to the funds of over 3 billion dollars. Total assets of spot Bitcoin ETFs reached 1.1 million BTC, surpassing Satoshi Nakamoto’s estimated Bitcoin reserves. While BlackRock’s IBIT product was the leader with 521,164 BTC, the ETFs’ total assets under management exceeded $100 billion as the Bitcoin price rose above $100,000.
‘Possible peak’ signal for Bitcoin: Long-term investors sold 828 thousand BTC in 30 days
Bitcoin’s rise towards $100,000 has seen long-term investors sell large amounts. According to some analysts, this could be a peak signal that could cause the markets to return to a bear trend.
“It’s like a game of musical chairs: Enjoy the journey, but be prepared when the music stops,” CryptoQuant analyst Maartuun said in a statement. He used his expressions. Since November 8, long-term investors who have held Bitcoin for at least 155 days have sold 827,783 BTC. This sale equates to approximately $82.6 billion at current prices.
On the other hand, in the same period, MicroStrategy purchased 149,800 BTC and spot Bitcoin ETFs received 84,193 BTC. However, according to Maartuun, these purchases cover only 30% of long-term investors’ sales. Still, he noted that Bitcoin’s retail demand has reached “yearly highs” despite this strong selling pressure.
long term BTC It is stated that owners achieved a return as high as 400% with an average purchase cost of $ 24,481. However, analyst Jamie Coutts said that Bitcoin’s current rally is taking place in conditions of falling liquidity, which could limit the sustainability of the rally. According to Coutts, Bitcoin’s current rise may not be long-term if market conditions worsen.
Iran prepares to regulate crypto rather than restrict it
Iranian Minister of Economy and Finance Abdolnaser Hemmati announced that the government plans to take regulatory steps instead of restrictive approaches towards crypto assets. According to Iranian state news agency Nour News, Hemmati stated in his speech at a national event that they aim to eliminate the negative effects of cryptocurrencies on the economy and benefit from their positive aspects.
He also stated that digital currencies fall under the jurisdiction of the Central Bank of Iran. Hemmati said he hopes cryptocurrencies can be used to increase youth employment in Iran, ease US sanctions and strengthen the country’s integration with the global economy. On the same day, the Central Bank of Iran published a document outlining planned new policies regarding cryptocurrencies.
It was stated that these policies aim to support crypto investors by complying with local tax and anti-money laundering laws. According to economist Mohammad Sadegh Alhosseini, Iranian investors currently hold approximately $30 billion to $50 billion worth of crypto assets; This figure is equivalent to approximately one-third of the country’s total gold market.
These developments come at a time when US President Donald Trump has increased his expectations for a positive regulatory environment for cryptocurrencies. Following his re-election, Trump continued his supportive stance in this area by appointing crypto supporter Paul Atkins to head the US Securities and Exchange Commission.
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