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

ChangXin Memory Technologies (CXMT) has seen profits increase amid the rising price of memory. Photo: Handout

IPO

Why is Chinese DRAM maker CXMT’s IPO attracting so much attention?

ChangXin Memory Technologies is sparking investor interest as DRAM profits soar, AI drives shortages and China pushes for chip self-reliance.

20 May 2026 - 6:00PM

Artificial intelligence

Chinese premier urges faster, broader adoption of AI in advanced manufacturing

20 May 2026 - 10:01AM

China manufacturing

After Trump visit, China’s top party journal doubles down on manufacturing push

15 May 2026 - 6:59PM

2026 Xi-Trump summit

Xi and Trump set sights on stability for China and the US – with a note of caution

A day of positive messaging and personal rapport includes an invitation to visit the White House in September.

15 May 2026 - 12:02AMvideocam

Presidents Xi Jinping and Donald Trump visit the Temple of Heaven in Beijing on Thursday. Photo: via Reuters

Electric & new energy vehicles

Oil shock fuels BEVs to 9 of top 10 in sales, with China brands overtaking Tesla

Battery EVs take nine of top 10 sales spots amid surging oil prices, giving local brands the edge and pushing Tesla down April charts.

14 May 2026 - 3:30PM

Semiconductors

Chinese memory module makers ramp up production with new CXMT DRAM

Founded in 2016, CXMT is widely regarded as China’s only domestic DRAM maker to have achieved mass production.

14 May 2026 - 7:30AM

Electric & new energy vehicles

Tech and pricing edge behind China’s SUV surge against BMW, Mercedes and Audi

Chinese SUVs storm the premium segment with fresh momentum, giving German marques their toughest test in years.

11 May 2026 - 11:58AM

The NIO ES9 on display during the opening day of the Beijing Auto Show in Beijing on April 24, 2026. Photo: AFP

Robotics

Hype or real: China’s robot boom faces reality check as commercialisation lags

Capital floods into China’s robotic sector but profitability remains elusive as challenges emerge with the industry’s business model.

5 May 2026 - 11:00AMvideocam

Robotics

China’s robots step into real-world roles, from cleaning to directing traffic

Robots appear in settings from dirty kitchens to dangerous steel mills as country pushes development of embodied AI.

5 May 2026 - 8:40AMvideocam

Electric & new energy vehicles

BYD, Geely benefit from overseas orders amid Middle East energy shock

Retail sales of EVs fall 11 per cent year on year in April to 614,000 units – but foreign markets are providing a boost.

4 May 2026 - 7:24PMvideocam

A journalist takes pictures of the Geely E5 electric compact SUV car presented at the launch of Geely Auto France in Paris on April 28. Photo: Reuters

Electric & new energy vehicles

Full charge: Xiaomi shares surge on EV sales boost

Xiaomi’s EV unit gathers pace with April deliveries topping 30,000, but analysts say profits may lag as subsidies and costs weigh.

4 May 2026 - 5:18PM

Visitors view a physical exploded model of a Xiaomi SU7 at Auto China 2026 in Beijing. Photo: AP

Semiconductors

Hit from memory costs spreads from smartphones to BYD EVs in China

Carmaker explicitly cites sky-high memory costs as it raises the price of a high-end driver-assistance system by 21 per cent.

30 Apr 2026 - 3:11PM

China’s private sector

Turning cast-offs into cash: China’s Zhuanzhuan looks to Europe, US for growth

From phones to luxury bags, the recycling platform wants to take its ‘trash to treasure’ model global as second-hand demand accelerates.

27 Apr 2026 - 9:15AM

Artificial intelligence

Can ‘token exports’ give China an edge in the AI era?

As AI tokens emerge as a new commodity, China’s cost advantage is reshaping global model competition, though monetisation gaps remain.

22 Apr 2026 - 11:20PM

Starting this year, models from Chinese companies have intermittently ranked among the global top tier in token usage. Photo: SOPA Images/LightRocket via Getty Images

South Korea

After Xi, South Korea’s Lee brings Modi into ‘selfie diplomacy’ frame

Lee’s Samsung selfie with the Indian leader also highlights tech pride, contrasting with his earlier Xiaomi photo taken with the Chinese president.

21 Apr 2026 - 2:35PMvideocam

Samsung Electronics boss Lee Jae-yong (left) holds a smartphone produced at his company’s factory in India to take a selfie with South Korean President Lee Jae Myung (right) and Indian Prime Minister Narendra Modi in New Delhi on Monday. Photo: Cheong Wa Dae

Artificial intelligence

Huawei launches AI glasses as China battle for smart wearables intensifies

Huawei’s debut adds momentum to China’s booming smart eyewear market, which saw shipments surge 35-fold in 2025.

21 Apr 2026 - 11:15AM

Smartphones

Huawei retains lead in China smartphones, Apple shipments surge in first quarter

Apple ranked second in the first quarter with a 19 per cent share, boosted by a 20 per cent surge in shipments, the largest growth among the top six brands.

18 Apr 2026 - 4:00PM

China-EU relations

Xi calls on Spain to jointly resist ‘law of the jungle’ in a turbulent world

Chinese leader meets visiting Spanish PM who is in Beijing looking to strengthen bilateral ties amid tensions with US.

14 Apr 2026 - 7:32PMvideocam

Spanish Prime Minister Pedro Sanchez and Chinese President Xi Jinping at the Great Hall of the People in Beijing on Tuesday. Photo: Xinhua

Electric & new energy vehicles

EVs | Chinese carmakers gear up for L3 self-driving roll-out

Industry ramps up testing of vehicles with Level 3 autonomous driving capabilities as regulators publish draft safety standards set to take effect in July 2027.

13 Apr 2026 - 11:40AM

Taiwan

Beijing pledges better Taiwan air and travel links after KMT leader’s trip

The promises form part of a package of measures to boost cross-strait ties unveiled after KMT chairwoman Cheng Li-wun’s visit to Beijing.

12 Apr 2026 - 5:28PMvideocam

Artificial intelligence

China’s Zhipu AI open-sources GLM-5.1, raises prices to trim gap with US rivals

The company’s second price increase this year signals a push to monetise advanced AI models while keeping costs below US peers.

8 Apr 2026 - 9:00PM

The move marks Zhipu’s second price increase this year, following a broader overhaul in February that lifted rates by more than 30 per cent. Photo: Shutterstock

Artificial intelligence

Chinese AI glasses maker Rokid planning Hong Kong IPO: sources

Listing plan comes as giants Apple, Meta, Alibaba, Baidu, Xiaomi and Huawei, plus start-ups like Xreal, Rayneo, anticipate market growth.

8 Apr 2026 - 1:54PM

A staff member demonstrates a pair of smart glasses developed by Hangzhou-based Rokid at a store in Yingtan, in east China’s Jiangxi province, on July 10, 2025. Photo: Xinhua

OpenClaw

Chinese AI rivals clash over Anthropic’s OpenClaw exit amid global token crunch

Chinese companies are competing to offer the cheapest alternatives to premium US services from the likes of OpenAI and Anthropic.

6 Apr 2026 - 3:58PM

Artificial intelligence

Who is Xu Rui, the ex-ByteDance executive tapped by Meta to lead AI hardware?

The veteran Chinese executive will lead a team that develops AI devices at the Facebook parent’s superintelligence unit.

5 Apr 2026 - 4:52PM

Semiconductors

Memory crunch bites: Xiaomi lifts handset prices amid supply chain squeeze

Price rises of nearly US$30 reflect surging memory costs, with analysts pointing to AI-driven demand and tight supply across the chip sector.

3 Apr 2026 - 7:00PM

Xiaomi said on Friday that prices for three of its models would rise by about US$29. Photo: Getty Images

Artificial intelligence

Chinese AI giants pivot toward proprietary models to drive revenue, performance

This week, Alibaba released three proprietary models that were all accessible only via its official cloud platform or chatbot website.

2 Apr 2026 - 10:23PM

People walk past the Alibaba Qwen booth at the Mobile World Congress in Barcelona, Spain, March 2, 2026. Photo: Xinhua

SCMP Highlights

China’s electric cars and Iran war, VW pulls Skoda: 7 EV reads

From some Chinese carmakers raising prices to Xiaomi’s fresh fight with Tesla, here are seven EV stories you may have missed.

1 Apr 2026 - 3:30PM

Apple

Apple’s accidental AI feature release in China risks regulatory backlash: expert

Mainland China users briefly access Apple Intelligence before the update vanishes, raising questions over compliance and regulatory approval.

31 Mar 2026 - 6:00PM

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Xiaomi

Why is Chinese DRAM maker CXMT’s IPO attracting so much attention?

ChangXin Memory Technologies is sparking investor interest as DRAM profits soar, AI drives shortages and China pushes for chip self-reliance.

Chinese premier urges faster, broader adoption of AI in advanced manufacturing

After Trump visit, China’s top party journal doubles down on manufacturing push

Xi and Trump set sights on stability for China and the US – with a note of caution

A day of positive messaging and personal rapport includes an invitation to visit the White House in September.

Oil shock fuels BEVs to 9 of top 10 in sales, with China brands overtaking Tesla

Battery EVs take nine of top 10 sales spots amid surging oil prices, giving local brands the edge and pushing Tesla down April charts.

Chinese memory module makers ramp up production with new CXMT DRAM

Founded in 2016, CXMT is widely regarded as China’s only domestic DRAM maker to have achieved mass production.

Tech and pricing edge behind China’s SUV surge against BMW, Mercedes and Audi

Chinese SUVs storm the premium segment with fresh momentum, giving German marques their toughest test in years.

Hype or real: China’s robot boom faces reality check as commercialisation lags

Capital floods into China’s robotic sector but profitability remains elusive as challenges emerge with the industry’s business model.

China’s robots step into real-world roles, from cleaning to directing traffic

Robots appear in settings from dirty kitchens to dangerous steel mills as country pushes development of embodied AI.

BYD, Geely benefit from overseas orders amid Middle East energy shock

Retail sales of EVs fall 11 per cent year on year in April to 614,000 units – but foreign markets are providing a boost.

Full charge: Xiaomi shares surge on EV sales boost

Xiaomi’s EV unit gathers pace with April deliveries topping 30,000, but analysts say profits may lag as subsidies and costs weigh.

Hit from memory costs spreads from smartphones to BYD EVs in China

Carmaker explicitly cites sky-high memory costs as it raises the price of a high-end driver-assistance system by 21 per cent.

Turning cast-offs into cash: China’s Zhuanzhuan looks to Europe, US for growth

From phones to luxury bags, the recycling platform wants to take its ‘trash to treasure’ model global as second-hand demand accelerates.

Can ‘token exports’ give China an edge in the AI era?

As AI tokens emerge as a new commodity, China’s cost advantage is reshaping global model competition, though monetisation gaps remain.

After Xi, South Korea’s Lee brings Modi into ‘selfie diplomacy’ frame

Lee’s Samsung selfie with the Indian leader also highlights tech pride, contrasting with his earlier Xiaomi photo taken with the Chinese president.

Huawei launches AI glasses as China battle for smart wearables intensifies

Huawei’s debut adds momentum to China’s booming smart eyewear market, which saw shipments surge 35-fold in 2025.

Huawei retains lead in China smartphones, Apple shipments surge in first quarter

Apple ranked second in the first quarter with a 19 per cent share, boosted by a 20 per cent surge in shipments, the largest growth among the top six brands.

Xi calls on Spain to jointly resist ‘law of the jungle’ in a turbulent world

Chinese leader meets visiting Spanish PM who is in Beijing looking to strengthen bilateral ties amid tensions with US.

.css-19im5qg{color:#c79a00;}EVs | Chinese carmakers gear up for L3 self-driving roll-out

Industry ramps up testing of vehicles with Level 3 autonomous driving capabilities as regulators publish draft safety standards set to take effect in July 2027.

Beijing pledges better Taiwan air and travel links after KMT leader’s trip

The promises form part of a package of measures to boost cross-strait ties unveiled after KMT chairwoman Cheng Li-wun’s visit to Beijing.

China’s Zhipu AI open-sources GLM-5.1, raises prices to trim gap with US rivals

The company’s second price increase this year signals a push to monetise advanced AI models while keeping costs below US peers.

Chinese AI glasses maker Rokid planning Hong Kong IPO: sources

Listing plan comes as giants Apple, Meta, Alibaba, Baidu, Xiaomi and Huawei, plus start-ups like Xreal, Rayneo, anticipate market growth.

Chinese AI rivals clash over Anthropic’s OpenClaw exit amid global token crunch

Chinese companies are competing to offer the cheapest alternatives to premium US services from the likes of OpenAI and Anthropic.

Who is Xu Rui, the ex-ByteDance executive tapped by Meta to lead AI hardware?

The veteran Chinese executive will lead a team that develops AI devices at the Facebook parent’s superintelligence unit.

Memory crunch bites: Xiaomi lifts handset prices amid supply chain squeeze

Price rises of nearly US$30 reflect surging memory costs, with analysts pointing to AI-driven demand and tight supply across the chip sector.

Chinese AI giants pivot toward proprietary models to drive revenue, performance

This week, Alibaba released three proprietary models that were all accessible only via its official cloud platform or chatbot website.

China’s electric cars and Iran war, VW pulls Skoda: 7 EV reads

From some Chinese carmakers raising prices to Xiaomi’s fresh fight with Tesla, here are seven EV stories you may have missed.

Apple’s accidental AI feature release in China risks regulatory backlash: expert

Mainland China users briefly access Apple Intelligence before the update vanishes, raising questions over compliance and regulatory approval.

EVs | Chinese carmakers gear up for L3 self-driving roll-out