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Xiaomi New Mi 11 Smartphones Launched in China, Xiaomi Stock Goes Up

UTC by Daria Rud · 3 min read
Xiaomi New Mi 11 Smartphones Launched in China, Xiaomi Stock Goes Up
Photo: Xiaomi Global / Instagram

Currently, there is one “sell” rating, one “hold” rating, and five “buy” ratings for Xiaomi stock. The consensus among Wall Street equities research analysts is that investors should buy Xiaomi shares.

One of the Chinese biggest mobile phone producers Xiaomi Corp (HKG: 1810) has introduced a new line of its long-awaited Mi 11 smartphones: Mi 11 Lite, Mi 11 Lite 5G, Mi 11 Ultra, and Mi 11 Pro. With new models, Xiaomi intends to provide a keen competition to mobile giants Huawei Technologies Co., Ltd., Samsung Electronics, and Apple Inc (NASDAQ: AAPL).

Xiaomi CEO Lei Jun stated:

“Early last year, we started to move into the high range market. I think we have found a foothold in the high-range market.”

Notably, Xiaomi already has a significant advantage over Huawei. The latter is considered to pose a national security threat to the US. Therefore, it was added to the US blacklist known as Entity Lisk back in 2019. As a result, American chip-making companies restricted their sales to Huawei. To sign a deal with the company, they have to obtain a license first.

Getting back to Xiaomi Mi 11 smartphones, let us see what are their specs and advantages over rival models.

Xiaomi Mi 11 Lite and Mi 11 Lite 5G

According to the company, the Mi 11 Lite 4G version will be the lightest and thinnest Mi phone in history, with just 160.53 mm x 75.72 mm x 6.81 mm size and 159-gram weight. It comes in the following colors: Boba Black, Peach Pink, and Bubblegum Blue. It has a 16MP front camera and comes with a protective Gorilla Glass 5. In addition, Mi 11 Lite supports Bluetooth 5.1 standard.

In contrast, the Mi 11 Lite 5G version will come with a 6.55” AMOLED DotDisplay, 10-bit TrueColor technology, and Gorilla Glass 6. It looks pretty similar to the standard Mi 11 but features a flat-screen and slightly bigger bezels. Its color range includes Truffle Black, Mint Green, and Citrus Yellow.

As for its cameras, the Mi 11 Lite 5G boasts a triple rear camera array that includes a 64MP main camera, an 8MP ultra-wide-angle camera, and a 5MP telemacro camera. The phone will also come with a selection of new video modes and filters to easily allow for pro-level video capture.

Mi 11 Ultra Model

The Mi 11 Ultra smartphone is undoubtedly Xiaomi’s phone with the best camera. Its three cameras are a 50MP main, 48MP ultra-wide and 48MP telephoto (5x optical, 120x digital zoom). Besides, it has a 20MP selfie camera.

Based on Android 11, Xiaomi Mi 11 Ultra has a 5,000 mAh battery that supports 67W fast wired and wireless charging.

Speaking of the display, it is a 6.81-inch AMOLED panel with a 1440 x 3200 resolution, a 120Hz refresh rate, and maximum brightness of 1700 nits. On the back, there is also a tiny 1.1-inch AMOLED screen used for notification alerts and framing selfies with the main cameras.

Its price starts at $914.

Mi 11 Pro Smartphone

The Mi 11 Pro model features a 5000 mAh battery with a charging speed of up to 67W. Its 6.81-inch AMOLED display has Dolby Vision, a maximum brightness of 1700 nits, and Corning Gorilla Glass Victus for protection.

As for the camera, Xiaomi has adopted the 50MP Samsung ISOCELL GN2 super sensor with a 1/1.12″ sensor size, the largest camera sensor in a Pro phone. It is also the first camera with a Dual Pixel Pro. It has Dual Native ISO Fusion, Stagger HDR, an f/1.95 aperture, OIS, and an 8P lens.

The price starts at $761.

Xiaomi Stock Rises in Early Trading

Yesterday, Xiaomi Corp stock closed at 25.05 HKD, or 1.38% down. However, today, as the market opened, it rose to 25.50 HKD. Year-to-date, it is 23.19% down. Its one-year change makes up 144.25%. Its market cap is 639.76 billion HKD.

Currently, there is one “sell” rating, one “hold” rating, and five “buy” ratings for Xiaomi stock. The consensus among Wall Street equities research analysts is that investors should buy Xiaomi shares.

Market News, Mobile, News, Stocks, Technology News
Daria Rud
Author Daria Rud

Daria is an economic student interested in the development of modern technologies. She is eager to know as much as possible about cryptos as she believes they can change our view on finance and the world in general.

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