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Xiaomi reports 70,000 orders for electric SUV SkyNomad in first month

Xiaomi recorded more than 70,000 binding orders for the electric car SkyNomad in its first month of sales, putting interest above the initial launch of the BMW iX3 but below the peak figures of Tesla and BYD. The company plans to invest more than €24 billion in research and development from 2026 to 2030, mainly in AI, electric vehicles, robotics, operating systems and core technologies. CEO Lei Jun announced the wide-scale deployment of humanoid robots in Xiaomi factories within the next five years. High memory chip prices are currently squeezing margins, but Xiaomi is relying on in-house new developments and partnerships to support growth. » More on deraktionaer.de
Xiaomi uses robot-rich hyperfactory to produce cars 25–30% cheaper than U.S. or Europe

Chinese factories are moving up the value chain and increasingly make sophisticated products. Xiaomi’s sprawling "hyperfactory" assembles automobiles with extensive automation, allowing production costs that are roughly 25–30% lower than comparable plants in the U.S. or Europe, and has drawn large public interest through factory tours. The trend illustrates how Chinese manufacturers are competing on technology and efficiency, not just low labor costs. » More on washingtonpost.com
Xiaomi launches 18 Pro and 18 Pro Max with enhanced privacy display and dual 200MP cameras

Xiaomi introduced the 18 Pro and 18 Pro Max in China, featuring hardware-level privacy display technology that can be app-, notification- and location-triggered, plus rear auxiliary screens. Both models use Qualcomm Snapdragon 8 Elite Gen 6 chips, include two 200-megapixel cameras and a 50-megapixel ultrawide, and differ mainly in screen size, battery (7,000mAh vs 8,500mAh) and the Pro Max’s slightly higher-end chipset. Prices start at ¥5,999 (~$900) and at least one 18 Pro is confirmed for an international launch later this year. » More on theverge.com

Financials

In the last quarter, Xiaomi had revenue of €13.99B and net profit of €1.22B

(EUR)	June 2026	YoY
Revenue	13.99B	1.86%
Gross profit	2.78B	10.22%
Net profit	1.22B	13.81%
EBITDA	622.48M	56.15%

Fundamentals

Metric	Value
Market capitalization	€79.03B
Number of shares	25.74B
52-week high/low	€5.27 - €2.44
Dividends	No
Beta	0.70
P/E ratio	17.92
PEG ratio	-1.26
P/B ratio	2.17
P/S ratio	1.34

Company profile

Xiaomi Corporation, an investment holding company, provides hardware, software, and internet services in Mainland China, India, Europe, and internationally. It operates through Smartphones, IoT and Lifestyle Products, Internet Services, and Others segments. The Smartphones segment sells smartphones. The IoT and Lifestyle Products segment offers smart TVs, laptops, AI speakers, and smart routers; various IoT and other smart hardware products; and lifestyle products. The Internet Services segment provides advertising services and internet value-added services; and engages in the online game and fintech businesses. The Others segment offers hardware repair services for its products. The company also engages in the wholesale and retail of smartphones and ecosystem partners' products; development and sale of software, hardware, and electronic products; procurement and sale of smartphones, ecosystem partners' products, and spare parts; procurement of raw materials; and operation of retail stores. It is also involved in the research and development of computer software and information technology; property management and commercial factoring activities; e-commerce and market research businesses; sale of e-books; investment, asset management, project investment, property management, and investment consulting, as well as technology diffusion, transfer, and consulting activities; and provision of internet finance, consumer loan, virtual banking, software related, information technology advisory, electronic payment, and internet services. Xiaomi Corporation was incorporated in 2010 and is headquartered in Beijing, the People's Republic of China.

Name	Xiaomi
CEO	Jun Lei
Headquarters	Beijing, be China
Website	mi.com
Sector	Information Technology
Industry	Technology Hardware, Storage & Peripherals
IPO	03/16/2021
Employees	52,876