Xiaomi is a diversified Chinese tech giant with strong positions in smartphones, IoT, Internet services, and a new push into electric vehicles. XIACY growth drivers include premium smartphone upgrades, global expansion of IoT/home appliances, and ecosystem integration via HyperOS and the 'Human × Car × Home' strategy. The EV segment is projected to grow rapidly, leveraging the company's brand, pricing, and ecosystem, though market share remains modest vs. global leaders.
China's Xiaomi reported a 22.3% jump in third quarter revenue on Tuesday as the world's third-largest smartphone maker doubled down on its shift into electric vehicles.
Chinese smartphone manufacturer Xiaomi on Friday said surging memory chip prices have raised the cost of making handsets, after pricing of its new Redmi K90 series drew market disappointment.
The 20% drop since July finally represents desirably attractive entry points. Soft smartphone growth is offset by strong IoT growth and margin expansion. According to reports, Q3 EV deliveries have reached almost 109,000 units, exceeding my expectations and likely leading to a beat of management's FY goal of 350,000.
Chinese electric vehicle maker Xiaomi will resolve software issues for 116,887 SU7 sedans through a recall due to insufficient early warnings when highway pilot assisted driving is activated, the market regulator said on Friday.
Xiaomi Corporation (OTCPK:XIACF) Q2 2025 Earnings Conference Call August 19, 2025 7:30 AM ET Company Participants Ran Xu - Corporate Participant Sai Wai Lam - Vice President & CFO Weibing Lu - Partner, President of the Group & President of the International Business Department Conference Call Participants Andy Meng - Morgan Stanley, Research Division Hiu King Wong - Citigroup Inc., Research Division Jian Kuai - Orient Securities Co. Ltd, Research Division Leping Huang - Huatai Securities Co., Ltd., Research Division Timothy Zhao - Goldman Sachs Group, Inc., Research Division Yingbo Xu - Citic Securities Co., Ltd.
Qualcomm QCOM posted a solid fiscal third-quarter performance on Wednesday, boosted by continued growth in its automotive and IoT businesses.
I have fully exited Apple and have started accumulating Xiaomi during early April weakness. After only 4 quarters in operation, Xiaomi's EV business has exceeded my forecasts in volume and is growing rapidly. The segment is close to turning profitable on an operating level. Non-EV segments remain strong, with double-digit revenue growth and high-margin Internet Services, supporting Xiaomi's diversified business model and financial health.
Chinese smartphone maker Xiaomi has pulled off something Apple failed to do despite a decade-long attempt, and that's to make a car. Here's what helped Xiaomi overtake Apple's EV ambitions.
Xiaomi's Q1 2025 results shattered expectations, proving its evolution from a low-margin handset maker to a multi-industry growth engine with record revenue and margins. The integrated "Human x Car x Home" strategy is driving cross-category engagement, with smartphones, AIoT, and electric vehicles feeding into a sticky, monetizable ecosystem. Premium smartphone momentum, rapid IoT expansion, and a strong EV debut are fueling operating leverage, recurring revenue, and a robust balance sheet.
Xiaomi said it sold more than 200,000 YU7 cars within three minutes of its Beijing launch. The YU7, priced at $35,000, aims to compete with Tesla's Model Y in China.
Bill Russo, Founder and CEO of Automobility, shares his analysis of China's EV sector on Insight with Haslinda Amin. Russo speaks after Xiaomi Corp.'s shares rose 8% to a lifetime high in the wake of strong initial orders for its $35,000 sport utility vehicle, the YU7.