TOPIC

/ company

Xiaomi

Xiaomi designs and sells smartphones, tablets, fitness trackers, and apps. Since its launch in Beijing in 2010, the company has gone on to become one of the largest smartphone manufacturers in the world, challenging Apple and Samsung for market share, particularly in China and Southeast Asia.

Chairman / President

Lei Jun

CEO / Managing Director

Lei Jun

CFO / Finance Director

Lam Sai Wai (Alain)

Industry

Electronics

Website

xiaomi.com

Headquarters address

Xiaomi Campus. Anningzhuang Road. Haidian District. Beijing, China

Stock Code

SEHK:1810

The Hang Seng Index falls 0.3 per cent in early trading on Thursday. Photo: Jelly Tse

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Xiaomi’s open-source AI model, MiMo-V2-Flash, is available on the company’s developer site MiMo Studio, Hugging Face and the API Platform. Photo: Shutterstock

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Alipay and AI glasses maker Rokid have teamed up to debut a smart glasses AI pay solution on the Rokid Lingzhu AI development platform. Photo: Sina

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Chinese EV maker Li Auto unveils industry’s cheapest AI glasses at US$282

Despite its lightweight build, Livis promises robust performance with an impressive battery life of 18.8 hours under normal usage.

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Li Auto’s glasses are also among the lightest on the market, weighing 46 grams including the lens. Photo: Handout

Artificial intelligence

China’s Xiaomi says returns from AI investments ‘far exceed expectations’

Xiaomi’s smart EV, AI and other new initiatives turned a profit for the first time in the third quarter.

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A Xiaomi SU7 Ultra electric vehicle is displayed during a media day for the Shanghai Auto Show, April 23, 2025. Photo: Reuters

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The ZTE smartphone running on ByteDance’s agentic AI phone assistant sold out on the first day. Photo: Handout

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Voyah’s monthly sales rose for a fourth straight month, with deliveries rising 16.2 per cent month on month to 20,005 vehicles. Photo: Xinhua

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China’s EV makers are expected to be among the top 10 in the world league table by 2030. Photo: Xinhua

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Alibaba launches US$537 Quark AI glasses to challenge devices from Meta, Xiaomi

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Xiaomi hires engineer from Tesla’s Optimus team to lead robotic hand development

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AI | Smart-glasses makers see AI as long-awaited must-have app

Chinese smart-glasses makers, such as Rokid and Alibaba, and global giant Meta are counting on artificial intelligence to kick-start demand for the devices.

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Smart-glasses makers see AI as long-awaited must-have app

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Hong Kong stocks’ gains slow amid signs of China slowdown

Rebound may carry on after some consolidation, as investors eye Beijing policy support towards the end of the year, analyst says.

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People walk past Exchange Square in Central, home of Hong Kong’s bourse operator Hong Kong Exchanges and Clearing, on March 28, 2025. Photo: Matthew Miller

SCMP Highlights

Chinese carmakers boost robotics efforts, Xpeng posts record revenue: 7 EV reads

From a Chinese team reducing car part production time with lasers to Xiaomi’s first profit, here are seven EV stories you may have missed.

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Huawei’s latest Kirin 9030 processor powers premium Mate 80 smartphones

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Hong Kong stock market

Hong Kong stocks hit week-high amid rising hopes of rate cut

Xiaomi and Alibaba among top gainers as more Federal Reserve officials come out in support of an interest-rate cut next month.

25 Nov 2025 - 4:32PM

The Federal Reserve Building is seen in Washington on September 16, 2025. Photo: Reuters

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25 Nov 2025 - 9:00AMvideocam

Unitree founder Wang Xingxing (left) and AgiBot co-founder Peng Zhihui have been named to China’s new robotics standardisation committee. Photo: Handout

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Xiaomi open-sources AI model spanning autonomous driving and robotics

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22 Nov 2025 - 6:09PMvideocam

Semiconductors

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22 Nov 2025 - 9:00AM

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Xiaomi

Hong Kong stocks tread water as tech giants stumble on AI bubble jitters

Hang Seng Tech Index slides after US equities slump, while investors await inflation report.

China cements global lead in smart vacuums as Picea acquires Roomba maker iRobot

Memory crunch: China’s Xiaomi and Honor raise tablet prices as chip costs surge

Xiaomi launches open-source model to compete against DeepSeek, OpenAI systems

MiMo-V2-Flash ‘particularly excels in reasoning, coding and agentic scenarios’, Xiaomi says.

Hong Kong stocks slump to 3-week low as China growth jitters dampen sentiment

Caution prevails as investors weigh China’s growth prospects after key economic data showed a deceleration across the board.

China’s Geely Auto raises bar on car safety with world’s largest test centre

Carmaker expands testing to 27 categories at Ningbo facility to prioritise safety over discounts in a crowded market.

Alipay and Rokid open up AI payment function on smart glasses to developers

The function has been made available to participants in the Rokid Spatial Joy 25 Global AR and AI Developer Competition.

China’s Xreal to power Google’s Android AI glasses as smart eyewear demand grows

Project Aura, which features dual-chip design and optical see-through lenses, is a fresh example of China’s expanding R&D capabilities.

Apple takes China’s smartphone battle house to house with 3-hour iPhone delivery

Apple is ramping up the fight for the Chinese market as rivals Huawei and Xiaomi pile on the pressure.

Chinese EV maker Li Auto unveils industry’s cheapest AI glasses at US$282

Despite its lightweight build, Livis promises robust performance with an impressive battery life of 18.8 hours under normal usage.

China’s Xiaomi says returns from AI investments ‘far exceed expectations’

Xiaomi’s smart EV, AI and other new initiatives turned a profit for the first time in the third quarter.

Tesla’s China plant sees shipment surge ahead of subsidy expiry

However, the rebound may not be sufficient to help the company reclaim lost ground in China, an analyst says.

Tsinghua University sets up research institute in push for robotics talent

The Institute for Embodied Intelligence and Robotics will be led by Zhang Tao, director of the university’s automation department.

ByteDance-powered AI phone snapped up by consumers keen to try agentic assistant

The joint effort is the latest example of China’s advantages in combining AI capabilities with conventional consumer gadgets.

China’s EV makers post stellar sales before incentives are phased out next year

Leapmotor leads the pack with record sales for a seventh month in a row, while Voyah and Zeekr put on a strong performance.

Changan Auto becomes latest Chinese carmaker to join humanoid robot bandwagon

State-owned carmaker invests US$31.8 million to take a 50 per cent stake in Changan Tianshu Intelligent Robotics Technology.

China EV profit woes fuel market anxiety over challenging 2026

Investors quickly turn against EV makers as earnings fall short, and next year looks even more difficult, analysts say.

Chinese EV makers tipped to storm global top 10 carmakers by 2030, McKinsey says

Chinese carmakers are expected to climb the global league tables over the next five years, as technology and scale disrupt the leaders.

Alibaba launches US$537 Quark AI glasses to challenge devices from Meta, Xiaomi

The glasses are expected to ‘usher in a revolution in human-computer interaction in the AI era’, Alibaba vice-president Wu Jia says.

Xiaomi hires engineer from Tesla’s Optimus team to lead robotic hand development

Zach Lu Zeyu joins Xiaomi as lead of its dexterous hand research and development operations.

.css-sioo19{color:#c79a00;}AI | Smart-glasses makers see AI as long-awaited must-have app

Chinese smart-glasses makers, such as Rokid and Alibaba, and global giant Meta are counting on artificial intelligence to kick-start demand for the devices.

Hong Kong stocks’ gains slow amid signs of China slowdown

Rebound may carry on after some consolidation, as investors eye Beijing policy support towards the end of the year, analyst says.

Chinese carmakers boost robotics efforts, Xpeng posts record revenue: 7 EV reads

From a Chinese team reducing car part production time with lasers to Xiaomi’s first profit, here are seven EV stories you may have missed.

Huawei’s latest Kirin 9030 processor powers premium Mate 80 smartphones

Huawei’s Richard Yu Chengdong claims strong double-digit performance improvement by the new Mate 80 models running the Kirin 9030 processor.

Hong Kong stocks hit week-high amid rising hopes of rate cut

Xiaomi and Alibaba among top gainers as more Federal Reserve officials come out in support of an interest-rate cut next month.

China’s robotics twin stars join national committee to shape industry standards

Unitree’s Wang Xingxing and AgiBot’s Peng Zhihui have been appointed to the Standardisation Technical Committee for Humanoid Robots.

Xiaomi open-sources AI model spanning autonomous driving and robotics

EV and AI initiatives have become an increasingly important part of Xiaomi’s business.

Memory chip prices surge amid strong demand from the AI sector: analysts

The price increase is set to be turbocharged once Nvidia starts using certain memory chips in its AI servers, Counterpoint Research says.

AI | Smart-glasses makers see AI as long-awaited must-have app