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Xiaomi’s ongoing fight to claim the third spot in the smartphone market includes releasing more innovative products and plans for a retail store in the UK

Xiaomi 12T and the Xiaomi 12T Pro will feature 200MP pro-grade imaging systems

Economic climate, geopolitical uncertainty, recovery from the COVID-19 pandemic and chip shortages have contributed to a slower European recovery

Falling demand is causing concern for the global smartphone market

The fine relates to Xiaomi allegedly falling foul of warranty and repair rules in Italy

Smartwatches continue to grow but wristbands dropped 40.5pc during the quarter

Wristwatches accounted for 76.6 pc of all wearable shipments in this quarter

The impact of the Ukrainian and Russian conflict had a significant impact, according to Canalys

The vendor hopes the combination of its product ecosystem and value proposition will help boost its share in the UK, a market that has been dominated by Apple and Samsung in recent years

The Chinese vendor needs to stand out in tough market