Venture Houston 2018
Skip Content

29 June 2018

Xiaomi finalises $4.7bn IPO

The Qualcomm-backed electronics maker will float the bottom of its range, in an offering that is still the largest for a tech company since 2014.

Author: Robert Lavine, News Editor

China-based consumer electronics producer Xiaomi, which counts mobile semiconductor maker Qualcomm as an investor, is set to raise $4.72bn in its initial public offering, sources told Bloomberg and Reuters today.