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MarketScreener Homepage  >  Equities  >  Stock Exchange of Hong Kong  >  Xiaomi Corp    1810   KYG9830T1067

XIAOMI CORP

(1810)
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Xiaomi : launches new Redmi Note 7 with 48-megapixel camera

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01/12/2019 | 02:45am EDT

CAPE TOWN –Chinese electronics company Xiaomi launched a new smartphone under the entry-level Redmi brand called the Redmi Note 7.

The device has a circular display notch, a back panel with colourful gradients, a rear-mounted fingerprint sensor, and rear-facing dual cameras.

Xiaomi said in a statement: "Once launched, the red rice mobile phone series has become a popular and cost-effective "national mobile phone".The high-cost performance of red rice makes more people enjoy the fun of smartphones for the first time."

The rear camera has a 48-megapixel image sensor and an f/1.8 lens, the other is 5 megapixels and used for depth information.

The camera can take photos with its 48 million tiny 0.8-micron pixels in good lighting, or combine neighbouring pixels for what’s claimed to be the equivalent of a 12-megapixel photo taken with larger 1.6-micron pixels.

The Redmi Note 7 has a 6.3-inch 19.5:9 1080p screen, a Snapdragon 660 processor, a 13-megapixel selfie camera, a 4,000mAh battery, USB-C charging and a headphone jack.

The Redmi Note 7 will first be available in China at the following prices:

3GB RAM, 32GB storage –999 Yuan(R2,000) 6GB RAM, 64GB storage –1,399 Yuan(R2,800)

The device is alsodustproof, splashproof and waterproof.

The company added that the device willmake its way to India and Xiaomi’s other usual regions soon.

BUSINESS REPORT ONLINE

(c) BusinessReport 1999 - 2019 Independent Newspapers (Pty) Limited. All rights strictly reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (CNY)
Sales 2019 223 B
EBIT 2019 11 103 M
Net income 2019 11 697 M
Finance 2019 37 970 M
Yield 2019 -
P/E ratio 2019 16,87
P/E ratio 2020 13,36
EV / Sales 2019 0,79x
EV / Sales 2020 0,60x
Capitalization 213 B
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Mean consensus OUTPERFORM
Number of Analysts 28
Average target price 11,3  CNY
Spread / Average Target 39%
EPS Revisions
Managers
NameTitle
Jun Lei Chairman & Chief Executive Officer
Bin Lin President & Director
Yan Qi SVP-Internal Operations & Public Affairs
Shou Zi Chew Chief Financial Officer & Senior Vice President
Dong Sheng Chen Independent Non-Executive Director
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