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

A Xiaomi SU7 Max is displayed at the entrance of the company’s EV factory in Beijing. Photo: AFP

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3 Feb 2026 - 4:34PM

Semiconductors

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China trade

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The British leader’s trip has so far yielded tariff cuts and agreements on trade and investment.

30 Jan 2026 - 8:02PMvideocam

Trending in China

Why tech billionaires enjoy rock star treatment in China compared to the US

From personal foibles to that particular look or ability to charm, the business success of global moguls can rest on setting a narrative.

29 Jan 2026 - 2:13PM

Electric & new energy vehicles

Xiaomi’s SU7 becomes China’s first Tesla killer, outselling the Model 3

Tesla’s grip on China’s premium sedan segment has loosened, as a bruising price war reshapes the EV landscape.

25 Jan 2026 - 11:00AM

Hong Kong stock market

Hong Kong stocks rise to 1-week high on China easing hope, US data

Hang Seng Index pares loss for the week after governor of China’s central bank signals more room for policy loosening.

23 Jan 2026 - 4:29PM

China’s private sector

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22 Jan 2026 - 8:00PMvideocam

Apple

Apple cuts prices for Lunar New Year as competition heats up in mainland China

Apple offers discounts on iPhones, MacBook and other products – its second promotion in a month ahead of the holiday.

22 Jan 2026 - 5:01PM

Apple led the smartphone market in mainland China with a 22 per cent share in the fourth quarter of 2025. Photo: AFP

SCMP Highlights

Chinese carmakers eye Western markets, China-EU dispute progress: 7 EV reads

From a widening gap in US-China electric vehicle markets to Xiaomi’s refreshed SU7, here are seven EV stories you may have missed.

21 Jan 2026 - 12:30PM

Electric vehicles for export are seen at a port in Hangzhou, in eastern China’s Zhejiang province on April 2, 2025. Photo: AFP

Smartphones

Exclusive | China’s Xiaomi, Transsion slash 2026 smartphone shipments as memory crunch bites

Xiaomi cut its latest shipment forecast by between 10 and 70 million units, while Transsion lowered its target by 30 to 45 million units.

20 Jan 2026 - 7:15PM

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People walk past Exchange Square in Central, home of bourse operator Hong Kong Exchanges and Clearing. Photo: Nathan Tsui

Smartphones

Surging chip prices force Chinese smartphone maker Meizu to abandon launch

Memory-chip prices could jump between 40 and 50 per cent in the first quarter after rising by the same level in the previous quarter.

12 Jan 2026 - 7:00PM

Meizu has cancelled the release of the Meizu 22 Air, a slim handset similar to Apple’s iPhone Air. Photo: Shutterstock

Artificial intelligence

Chinese robot vacuum maker Dreame sees AI-driven appliances run household chores

The firm’s ambition is to become a ‘world-class technology company’, global president Chang Xinwei says.

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DeepSeek

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8 Jan 2026 - 9:00PM

Electric & new energy vehicles

Xiaomi’s refreshed SU7 turns up the heat on Tesla in China’s EV race

Updated SU7 model offers longer range – more than 900km (560 miles) on a single charge – and other advanced features.

8 Jan 2026 - 1:50AM

A refreshed version of Xiaomi’s SU7 will be launched in April. Photo: AFP

China economy

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Electric & new energy vehicles

Tesla’s China sales hit record as EV buyers race to beat tax increase

US carmaker’s share of world’s biggest EV market declines to slightly more then 4 per cent amid stern challenge from local rivals.

6 Jan 2026 - 10:27AM

Electric & new energy vehicles

China’s EV sector doubles down on discounts and cheap financing as growth cools

Carmakers are shifting from straight price cuts to subsidised loans and feature-packed models, as China’s EV price war drags on.

6 Jan 2026 - 11:59AM

Beijing has urged the sector to rein in price wars since July amid deflationary pressures, with even market leader BYD reporting its biggest net profit drop in more than four years. Photo: Xinhua

IPO

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The city’s exchange secures global bragging rights after 114 companies raised US$37.22 billion on the main board in 2025, according to LSEG.

2 Jan 2026 - 10:53PM

Gong ceremonies for new listings on the Hong Kong stock exchange, such as this one on December 30, 2025, are expected to occur frequently in 2026. Photo: Sun Yeung

IPO

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Mainland China

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Robotics

Chinese robot vacuum maker Dreame gives staff gifts of gold, trip to Antarctica

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29 Dec 2025 - 7:32PM

A Dreame 10s Ultra robot vacuum cleaner. Photo: Dreame

Hong Kong stock market

Hong Kong stocks fail to hold on to gains on slow trade

Sentiment swings between concerns over a weakening growth outlook and bets that Beijing will step up policy easing to prop up the economy.

29 Dec 2025 - 4:44PM

A view of Exchange Square in Central, where Hong Kong’s bourse operator is based, on May 18, 2025. Photo: Sam Tsang

Hong Kong stock market

Xiaomi dips on co-founder’s US$2 billion share sale plan

Co-founder and vice-chairman Lin Bin plans to offload no more than US$500 million in any 12-month period starting in December 2026.

29 Dec 2025 - 4:25PM

Robotics

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28 Dec 2025 - 7:00AM

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Xiaomi

China’s first ‘Tesla killer’, flying car makers eye lift-off date: 7 EV reads

From analysis on Beijing-Ottawa tariff deal to foreign carmakers set to stage China comeback, here are seven EV stories you may have missed.

Tesla, Xiaomi vie for Chinese EV buyers with cheaper, longer loans

Hong Kong stocks rise despite losses for tech firms on tax concerns

Chinese firms set for market growth as the global memory super cycle heats up

Eye-watering DRAM prices are bad news for consumers and smartphone brands, but present an opportunity for Chinese firms led by CXMT and YMTC.

What has UK PM Starmer achieved in China – and what next for Sino-British ties?

The British leader’s trip has so far yielded tariff cuts and agreements on trade and investment.

Why tech billionaires enjoy rock star treatment in China compared to the US

From personal foibles to that particular look or ability to charm, the business success of global moguls can rest on setting a narrative.

Xiaomi’s SU7 becomes China’s first Tesla killer, outselling the Model 3

Tesla’s grip on China’s premium sedan segment has loosened, as a bruising price war reshapes the EV landscape.

Hong Kong stocks rise to 1-week high on China easing hope, US data

Hang Seng Index pares loss for the week after governor of China’s central bank signals more room for policy loosening.

China’s private sector increases presence among top 100 listed firms

US think tank’s report says non-state sector is bouncing back from three-year slump.

Apple cuts prices for Lunar New Year as competition heats up in mainland China

Apple offers discounts on iPhones, MacBook and other products – its second promotion in a month ahead of the holiday.

Chinese carmakers eye Western markets, China-EU dispute progress: 7 EV reads

From a widening gap in US-China electric vehicle markets to Xiaomi’s refreshed SU7, here are seven EV stories you may have missed.

.css-sioo19{color:#c79a00;}Exclusive | China’s Xiaomi, Transsion slash 2026 smartphone shipments as memory crunch bites

Xiaomi cut its latest shipment forecast by between 10 and 70 million units, while Transsion lowered its target by 30 to 45 million units.

Huawei reclaims top spot over Apple in China smartphone market

Huawei turns to China-designed processors to complete a rebound from US sanctions and ship nearly 47 million smartphones domestically.

Hong Kong stocks advance as investors turn to China amid Middle East uncertainty

Hang Seng Index extends rally as regional markets find support amid rising tensions between the US and Iran.

Surging chip prices force Chinese smartphone maker Meizu to abandon launch

Memory-chip prices could jump between 40 and 50 per cent in the first quarter after rising by the same level in the previous quarter.

Chinese robot vacuum maker Dreame sees AI-driven appliances run household chores

The firm’s ambition is to become a ‘world-class technology company’, global president Chang Xinwei says.

Core team of Chinese researchers behind AI model R1 remains intact: DeepSeek

The 18 core scientists behind R1 continue to power the start-up’s AI ambitions and capabilities amid growing anticipation of a new release.

Xiaomi’s refreshed SU7 turns up the heat on Tesla in China’s EV race

Updated SU7 model offers longer range – more than 900km (560 miles) on a single charge – and other advanced features.

.css-1m2rp1p{color:#34b8b5;}Opinion | Innovation and exports will winnow China’s car industry in 2026

Exports will be key to profitability and chips will be the new battleground but consolidation is likely to be confined to the battery sector.

Tesla’s China sales hit record as EV buyers race to beat tax increase

US carmaker’s share of world’s biggest EV market declines to slightly more then 4 per cent amid stern challenge from local rivals.

China’s EV sector doubles down on discounts and cheap financing as growth cools

Carmakers are shifting from straight price cuts to subsidised loans and feature-packed models, as China’s EV price war drags on.

Hong Kong’s IPO dominance in 2025 set to carry on into new year

The city’s exchange secures global bragging rights after 114 companies raised US$37.22 billion on the main board in 2025, according to LSEG.

China’s DRAM giant CXMT plans US$4.2 billion IPO on Shanghai’s Star Market

Listing aims to fund wafer expansion and DRAM upgrades as Beijing drives tech self-reliance.

China’s second-hand boom fuels bruising battle for trade-in traffic

Recycling platform ATRenew is scaling up as China’s young consumers shed the stigma around second-hand shopping.

Chinese robot vacuum maker Dreame gives staff gifts of gold, trip to Antarctica

Dreame’s surprise largesse reflects its robust business growth in 2025, as it remains one of the world’s top robot vacuum cleaner brands.

Hong Kong stocks fail to hold on to gains on slow trade

Sentiment swings between concerns over a weakening growth outlook and bets that Beijing will step up policy easing to prop up the economy.

Xiaomi dips on co-founder’s US$2 billion share sale plan

Co-founder and vice-chairman Lin Bin plans to offload no more than US$500 million in any 12-month period starting in December 2026.

Untapped global demand to drive next phase of robotic vacuum growth: Dreame

Europe is Dreame’s largest market for robotic vacuum cleaners, with more than half of its revenue there generated by premium products.

Exclusive | China’s Xiaomi, Transsion slash 2026 smartphone shipments as memory crunch bites

Opinion | Innovation and exports will winnow China’s car industry in 2026