
Xiaomi’s EV and AI Division Reports First Quarterly Profit Amid Chip Price Pressures
BEIJING, November 18, 2025 — Chinese consumer tech giant Xiaomi announced on Tuesday that its smart electric vehicle (EV), artificial intelligence (AI), and new initiatives division has achieved a quarterly operating profit for the first time, marking a major milestone in the company’s diversification strategy. According to Xiaomi President Lu Weibing, the segment posted an […]
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