Xiaomi rolled out its new sports utility vehicle in Beijing on Thursday, as the firm best known for smartphones and consumer electronics gears up to

Xiaomi 16 Leaks: The Xiaomi 16 is generating buzz well ahead of its official launch, with recent leaks revealing significant details about the upcoming flagship. Fresh information from a reliable Chinese source, Weibo tipster Digital Chat Station, offers a clearer picture of what to expect from Xiaomi’s next smartphone series.

Xiaomi published the first-quarter financial results, showing record revenue, but its vehicle division has yet to break amid YU7's production ramp-up

The smartphone-to-autos maker earned a healthy 10% margin as revenue hit a record $16 bln. That and its diverse business give it an edge over rival EV makers from Tesla to Xpeng. With Xiaomi's first SUV about to launch and BYD threatening a new price war,

Shawn Yang, analyst at Arete Research thinks Xiaomi's EV business could break even next quarter if the unit's gross margins continue to remain strong. He explains Xiaomi has been able to position itself as a premium brand and resist price cuts,

The Chinese smartphone and electronics maker said its first-quarter net profit more than doubled from a year earlier to 10.92 billion yuan.

Xiaomi Corp. reported better-than-expected revenue in the March quarter as it moves to aggressively expand its presence in China’s EV market and grow its core smartphone business.

Never mind its growing EV business, the world’s third biggest smartphone manufacturer is trying to reposition itself as a premium brand to rival Apple and Samsung, and it seems to be working. In its latest earnings report Xiaomi notes its 15 Ultra flagship has sold 90 percent more than last year’s 14 Ultra during its first month or so on sale,

Xiaomi's growth is backed by strong R&D and market competitiveness. Discover insights on its valuation, chip innovation, and a 31% potential upside. Click to read more on XIACY.

After using the Xring O1 chip in Xiaomi 15S Pro and Pad 7 Ultra, Xiaomi will release custom chips for affordable smartphones.