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report   ** Xiaomi    grew fastest among the top five brands in 2024, helped by its portfolio realignment, premium push and aggressive expansion activities - report   ** The top 5 remained the same as in 2023 but lost some share to aggressive competition from Huawei   , HONOR and Motorola - report   ** Counterpoint Research says it expects nine out of 10 smartphones priced above $250 to be GenAI-capable by 2028 ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1575","LU0359201885.HKD","LU1037948897.HKD","IE00B19Z8X17.USD","LU2237438978.USD","LU2250418816.HKD","IE0003U64NQ7.SGD","SG9999015978.USD","BK4576","LU2097344357.USD","LU0823434740.USD","LU1791710582.SGD","HK0000320264.USD","LU0466842654.USD","LU0634319403.HKD","LU1582986359.USD","LU0797268264.HKD","LU0238689110.USD","LU0456827905.SGD","AAPL","LU0823397285.USD","LU1956131251.USD","LU2552382058.USD","SG9999014542.SGD","SG9999015341.SGD","LU0588546209.SGD","BK4532","BK4554","LU2237443895.HKD","LU2023250504.SGD","LU2420271590.USD","LU2430703178.SGD","LU1235294995.USD","XIACY","LU0456855351.SGD","SG9999002224.SGD","LU0611395673.USD","LU2063271972.USD","81810","HK0000306701.USD","IE00B3S45H60.SGD","LU2237443622.USD","01810","LU0965509010.AUD","MACW.SI","LU0234570918.USD","LU0943347566.SGD","IE00BWXC8680.SGD","LU2054465674.USD","LU0417516738.SGD"],"gpt_icon":1},{"id":"2503608379","title":"Xiaomi Bought Back 2.3 Mln Class B Shares for HK$73.9 Mln on Jan 13 - 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Xiaomi's core businesses likely remained resilient in 4Q of 2024, OCBC analysts write in a note. The company was a \"star performer\" last year as share prices more than doubled on year, they say. The strong share performance was driven by solid growth in its core businesses on resilient margins and stronger-than-expected EV business margins, they say. Xiaomi's smartphone segment gross profit margin may bottom out in 4Q with potential improvement ahead given higher average selling price and lower component cost, they add. OCBC maintains its buy rating for the stock with a fair value at HK$40.50. 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