UBS raises target price of Xiaomi to HK$20, sees SU7’s market share in China to reach 1.6% by end of 2025
UBS raises target price of Xiaomi to HK$20, sees SU7’s market share in China to reach 1.6% by end of 2025

UBS raises target price of Xiaomi to HK$20, sees SU7’s market share in China to reach 1.6% by end of 2025

 

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Chinese smartphone giant Xiaomi recently held an investor day, including a visit to the first phase of Xiaomi's HyperFactory in Yizhuang in the city of Beijing, and Xiaomi's management explained the group's key strategies, including its full-stack in-house R&D and automated manufacturing capabilities, UBS said in a research note.

The first phase of the factory is projected to have a monthly production capacity of 10,000 vehicles, which could rise to a maximum of 20 . . .

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