Xiaomi stock: A real announcement!

The Xiaomi share has undoubtedly seen better days: Traded at 1.68 euros in Frankfurt a week ago, the shares of the Chinese technology company have continued to move downwards almost daily. On Tuesday, the Xiaomi share lost another two percent and was trading at 1.46 euros in the afternoon. The weekly minus amounts to around 13 per cent, and new developments from the operating business are apparently not enticing investors at the moment.

Xiaomi 12 Lite 5G is a charging monster
For in May, the time has come when not only the most powerful model of the current Xiaomi 12 series is to appear in the form of the Ultra, but also the cheapest. We are talking about the Xiaomi 12 Lite 5G smartphone, the features of which have already been speculated about several times. But now a leaker is “naming all the suspected specifications of the new Xiaomi 12 Lite 5G as the cheapest offshoot of the Xiaomi ( Daily Current Rating ) 12”, it says on notebookcheck.com.

The well-known leaker Yogesh Brar has, unsurprisingly, named the Qualcomm Snapdragon 778G as the processor on Twitter, they say. In addition, the storage options 6 and 8 GB RAM as well as 128 and 256 GB storage space. In addition to the known details, however, Brar also mentions a few new things. According to this, “the battery will be 4,500 mAh and charge with up to 67 watts”. That’s quite a claim; the MagSafe charger of the iPhone 13 mini or the iPhone 12 mini from Apple only delivers up to 12 watts of maximum power.

Xiaomi share value halve

The fact that Xioami is technically ahead of its US competitor in many areas, and at significantly lower prices, is certainly noticeable in the Chinese company’s sales figures. In 2021, Xiaomi has secured third place worldwide behind Samsung and Apple. However, the development of the share is lagging behind: since June 2021, when Xiaomi was valued at 3.20 euros, the share price has more than halved.