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

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

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

South Korea

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

21 Apr 2026 - 2:35PMvideocam

Artificial intelligence

Huawei launches AI glasses as China battle for smart wearables intensifies

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

Huawei Pura 80 smartphones are displayed at the company’s flagship store in Beijing, June 11, 2025. Photo: Reuters

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

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

KMT leader Cheng Li-wun tours the Palace Museum in Beijing’s Forbidden City. Photo: Xinhua

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

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

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

A lobster-shaped cutout representing OpenClaw stands outside the Baidu offices in Beijing, March 17, 2026. Photo: Reuters

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

Xu Rui, a graduate of Harbin Institute of Technology and Seoul National University, has had a storied career, including stints at several Chinese tech giants. Photo: Handout

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

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

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

Large numbers of cars are lined up ready for export at a port in eastern China’s Jiangsu province. China recently overtook Japan as the world’s largest car exporter. Photo: Xinhua

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

The short-lived roll-out comes amid nearly two years of anticipation in China, where Apple Intelligence has yet to launch despite its release in major markets. Photo: Shutterstock

Artificial intelligence

Xiaomi, Alibaba ramp up AI recruitment amid global talent war

AI-related positions account for more than 80 per cent of Alibaba’s open roles, up from around 60 per cent last year.

30 Mar 2026 - 10:00PM

Mainland China

How China’s EV makers think they can outrun disastrous price wars

At Beijing’s urging, an industry largely built on discounting must hold the line on prices and convince buyers to pay for better technology.

28 Mar 2026 - 10:03AM

Hong Kong stock market

Memory costs ‘beyond imagination’ hurting smartphone makers: Xiaomi leader

Firms are being drawn into a price-raising cycle that could reshape the industry, executive says as company reports 27 per cent profit drop.

24 Mar 2026 - 7:57PM

A man takes a picture of a Xiaomi phone at the Mobile World Congress in Barcelona, Spain, on March 2, 2026. Photo: Reuters

Electric & new energy vehicles

3 Chinese EV makers raise prices – but demand slowdown could force reversal

Xiaomi, Chery and FAW adjust prices amid surging chip and raw material costs, but analysts say soft sales could undermine gains.

24 Mar 2026 - 7:44AM

Robotics

Inside Unitree’s landmark IPO: what to know about China’s humanoid giant

Listing, if approved, would be a bellwether of investor appetite for so-called embodied AI companies.

23 Mar 2026 - 9:45PMvideocam

Artificial intelligence

What is ‘tokenomics’ and how would China gain the edge in an AI era?

As tokens are positioned as the AI era’s commodity, China’s energy scale and low-cost models could give it a structural edge.

23 Mar 2026 - 10:44AM

Jensen Huang at Nvidia’s annual GTC conference in San Jose, California, on March 17. Photo: AFP

China trade

China’s AI edge built on power grid, open-source models: Alibaba’s Joe Tsai

Investment in power and open-source models, plus industrial depth, highlights China’s vast potential for AI applications, Joe Tsai says.

23 Mar 2026 - 9:59AM

Joe Tsai, chairman of Alibaba Group Holding, delivers a speech on March 22 at the China Development Forum in Beijing. Photo: Handout

Electric & new energy vehicles

Xiaomi’s new-generation SU7 launch sparks fresh EV fight with Tesla in China

Updated smart sedan debuts with improved safety and smart-driving features, intensifying competition with Tesla and domestic rivals.

20 Mar 2026 - 4:27PM

Hong Kong stock market

Hong Kong stocks mark third weekly loss as oil volatility pressures sentiment

Hang Seng Index falls for a third week as investors weigh the US-Israel war on Iran, oil swings and corporate earnings.

20 Mar 2026 - 4:55PM

Hong Kong stock market

Hong Kong stocks edge higher as oil steadies, tracking Wall Street gains

Hang Seng Index advances for a second day amid easing concerns over inflation and geopolitical risks.

17 Mar 2026 - 4:46PM

A motorist holds a fuel pump nozzle to fill up his car. Photo: AFP

Artificial intelligence

Tencent sponsors OpenClaw after creator’s complaints of copying

Chinese tech companies are aggressively promoting the deployment of the AI agent amid a nationwide frenzy.

16 Mar 2026 - 10:44PM

Shenzhen-based Tencent said its team members had contributed code to the open-source project. Photo: Reuters

Robotics

China’s industrial robot output accelerates as factories ramp up deployment

Output of industrial robots jumps 31 per cent in year’s first two months, while production of service robots rises 1 per cent in same period.

16 Mar 2026 - 9:30PMvideocam

Smartphones

Chinese smartphone makers Vivo, Oppo raise prices as memory costs surge

Unable to absorb rising memory-chip prices, popular handset makers are passing on the costs to consumers.

16 Mar 2026 - 6:30PM

Help preserve 120 years of quality journalism.

SUPPORT NOW

Xiaomi

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

Huawei launches AI glasses as China battle for smart wearables intensifies

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.

Xiaomi, Alibaba ramp up AI recruitment amid global talent war

AI-related positions account for more than 80 per cent of Alibaba’s open roles, up from around 60 per cent last year.

How China’s EV makers think they can outrun disastrous price wars

At Beijing’s urging, an industry largely built on discounting must hold the line on prices and convince buyers to pay for better technology.

Memory costs ‘beyond imagination’ hurting smartphone makers: Xiaomi leader

Firms are being drawn into a price-raising cycle that could reshape the industry, executive says as company reports 27 per cent profit drop.

3 Chinese EV makers raise prices – but demand slowdown could force reversal

Xiaomi, Chery and FAW adjust prices amid surging chip and raw material costs, but analysts say soft sales could undermine gains.

Inside Unitree’s landmark IPO: what to know about China’s humanoid giant

Listing, if approved, would be a bellwether of investor appetite for so-called embodied AI companies.

What is ‘tokenomics’ and how would China gain the edge in an AI era?

As tokens are positioned as the AI era’s commodity, China’s energy scale and low-cost models could give it a structural edge.

China’s AI edge built on power grid, open-source models: Alibaba’s Joe Tsai

Investment in power and open-source models, plus industrial depth, highlights China’s vast potential for AI applications, Joe Tsai says.

Xiaomi’s new-generation SU7 launch sparks fresh EV fight with Tesla in China

Updated smart sedan debuts with improved safety and smart-driving features, intensifying competition with Tesla and domestic rivals.

Hong Kong stocks mark third weekly loss as oil volatility pressures sentiment

Hang Seng Index falls for a third week as investors weigh the US-Israel war on Iran, oil swings and corporate earnings.

Hong Kong stocks edge higher as oil steadies, tracking Wall Street gains

Hang Seng Index advances for a second day amid easing concerns over inflation and geopolitical risks.

Tencent sponsors OpenClaw after creator’s complaints of copying

Chinese tech companies are aggressively promoting the deployment of the AI agent amid a nationwide frenzy.

China’s industrial robot output accelerates as factories ramp up deployment

Output of industrial robots jumps 31 per cent in year’s first two months, while production of service robots rises 1 per cent in same period.

Chinese smartphone makers Vivo, Oppo raise prices as memory costs surge

Unable to absorb rising memory-chip prices, popular handset makers are passing on the costs to consumers.

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