Most lawyers have heard of the "Internet of Things." Business leaders, after all, are busy making the Internet of Things (IoT) the next great wave of innovation to sweep across the global economy.

Analysts had expected another solid quarter from Xiaomi, and it has delivered, posting record-high revenue from its Internet-of-Things business and robust EV sales. The Beijing-based company said ...

Xiaomi's third-quarter net profit more than doubled on higher revenue from its Internet-of-Things business and fast-growing electric-vehicle division. The Beijing-based company said Tuesday that its ...