Xiaomi Innovates Business Segment Revenue Hits 13.9B Yuan, Up 6.9% YoY in Q1 2026

GateNews
According to Xiaomi Group's announcement on the Hong Kong Stock Exchange, the company's innovative business segment, which includes smart electric vehicles and AI, generated revenue of 13.9 billion yuan in Q1 2026, up 6.9% year-over-year from 12.95 billion yuan in the prior-year period. Research and development spending for the segment surged 33.4% to 9 billion yuan, driven primarily by increased R&D investments in smart EV and AI technologies, as well as higher compensation for personnel involved in the smartphone and AIoT initiatives.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments