What’s Going On In The Markets & Xiaomi Competes with Tesla and Apple
The investment market can sometimes be confusing!
In this short video, Nigel Green, deVere CEO, gives a high-energy, concise opinion of what’s happening in the markets in 2025, explains his thoughts, and how he would invest right now.
Investing in gold, quality equities, structured notes, and short-term bonds offers strong diversification to hedge against market volatility.
Chinese electronics giant Xiaomi has launched a new electric SUV, and debuted a self-designed smartphone chip to expand beyond budget phones.
The Xring O1 is a 3-nanometer mobile chip meant to compete with chips powering Apple and Qualcomm’s top-tier phones. The launch event, where Xiaomi celebrated its 15th anniversary with an image reinvention, also introduced a new tablet.
This comes as Xiaomi is pushing a multi-pronged expansion into electric vehicles and chips as it seeks to break China’s dependence on foreign technology.
The YU7 SUV will be available in July and offer a range of up to 835km on a single charge, along with a 0-100km acceleration in just over 3 seconds. This competes directly with Tesla’s Y model and Porsche’s equivalent. The advanced model will also come with advanced driving assistance software.
Xiaomi CEO Lei Jun, is also pushing semiconductors with a $1.87 billion investment in the Xring O1 with production at the world’s largest chip maker TSMC.
Please note, the above is for educational purposes only and does not constitute advice. You should always contact your adviser for a personal consultation.
* No liability can be accepted for any actions taken or refrained from being taken, as a result of reading the above.
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