Tag: Xiaomi

BEIJING: Xiaomi unveiled Xiaomi Watch S2 and many other products that contains exciting features.

Along with Xiaomi 13 and 13 Pro the other products are Xiaomi Watch S2, Xiaomi Buds 4, Xiaomi Sound Pro, Xiaomi Router 10000, and Xiaomi Mini PC.

Xiaomi Watch S2 brings a professional-grade sports tracking experience, offering ultra-comprehensive health monitoring and convenient features on the wrist. The watch comes in a more compact 42mm size, and is available in black, silver and light gold, as well as offering various options of colors for leather or silicone straps. For the first time, Xiaomi Watch S2 supports body composition measurement, which only takes a few seconds to measure and present eight types of body health data results. Xiaomi Watch S2’s new safety tracking feature, allows the users to send geolocation and SOS messages with a quick keystroke in case of any emergency.

Xiaomi Buds 4 offers an immersive audio experience with its powerful hardware and software capabilities. Equipped with Xiaomi’s customized graphene dual magnetic drivers and dynamic adaptive EQ compensation, the earbuds provide users a stable and consistent sound quality even while jogging.

Xiaomi Buds 4 is LHDC 5.0 and Hi-Res Audio Wireless certified, bringing astonishing audio in high-definition and with low-distortion. Xiaomi Buds 4’s case features a “space capsule” design, and earbuds can be snapped back into its place for easy storage. Its ergonomically half in-dear design enables users to have a secure fit and comfortable time for prolonged wearing. Furthermore, the adaptive active noise cancelling on Xiaomi Buds 4 enables a real-time adjustment for different levels of noise cancelling by recognizing ambient unwanted noise. With the new “independent spatial audio”, Xiaomi Buds 4 has on-device computing capabilities, meaning it no longer depends on smartphones for spatial audio calculations.

Xiaomi Sound Pro is equipped with 7 units of 55W and 360-degree omnidirectional sound, and features HARMAN AudioEFX professional tuning. The speaker is able to automatically adjust its output style among “Strong Bass”, “Balanced” and “Clean” modes by analyzing the content played when using XiaoAi Speaker app. In order to further enhance the connected smart home sound system experience

Xiaomi Sound Pro supports multiple connection methods such as Bluetooth 5.1, Aux in, and AirPlay 2. In addition, the intercom feature supports real-time communication between multiple speakers, as well as smartphones, TVs and other devices, so you can easily talk to your family without leaving the room.

Xiaomi Router 10000 features the highest configuration among our router offerings, and has an increased network speed by 20 per cent compared with the previous generation. The flagship tri-band router offers a wireless and wired data transfer rate of up to 10 Gigabit, ensuring sufficient bandwidth for next-generation usage such as VR games, 8K streaming media, and real-time high-definition conferences.

It is equipped with a Qualcomm quad-core A73 processor, 12-channel signal amplifier, 2GB storage, dual 10G network port, USB 3.0 port, as well as a sophisticated heat dissipation system, Xiaomi Router 10000 enables users to easily build a 10Gbps ultra-high-speed household WAN/LAN with NAS and supports simultaneous connection of more than 1,000 devices. The NFC pairing feature allows users to connect to the high-speed internet extremely easy and accessible.

READ MORE: Xiaomi unveils Xiaomi 13 and 13 Pro

Xiaomi Mini PC is the most compact mainstream performance desktop at only 0.444L and weighs 437g. It adopts the 12th generation Core i5-1240P processor featuring a 12-core 16-thread heterogeneous design with a maximum turbo frequency reaching 4.4GHz, while the integrated Intel Iris Xe graphics (80EUs) ensures excellent performance 24-7. On the storage front, it utilizes a 16GB DDR4 and 512GB PCle 4.0SSD, and supports expandable storage of up to 32GB RAM and 4TB SSD ROM. The large 4600RPM fan and a dual heat pipe heat dissipation system ensures a stable performance of Xiaomi Mini PC.

The device comes with Windows 11 pre-installed and supports Ubuntu, OpenWWRT, UNRAID, and EXSI operating systems. For maximum utility and connectivity, it also features a wide range of versatile ports capable of connecting to external graphics cards and hard drives when needed. With Bluetooth 5.3 and Wi-Fi 6 built-in support, Xiaomi Mini PC is a compact yet powerful device, covering users needs in all daily scenarios.

BEIJING: Xiaomi unveiled 13 Series in collaboration with Leica. The phones include Xiaomi 13 and 13 Pro.

The phone is available colors including white, black, flora green and mountain blue. It adopts a flat screen with matching flat edges for a clean and strong visual impact on the front.

Xiaomi 13 Series is equipped with 4nm flagship processors from Qualcomm, the Snapdragon® 8 Gen 2 mobile platform. The new 1+4+3 fusion CPU architecture brings 37 per cent performance improvements while reducing power consumption by 47 per cent.

The new Adreno GPU brings 42 per cent performance improvements while reducing power consumption by 49 per cent. In typical benchmark workloads, Snapdragon® 8 Gen 2 achieved almost 2x fps/watt.

READ MORE: Price, specs of iPhone 11 in Pakistan

Xiaomi 13 Pro also features double-curved ceramic body for uniform look that transitions smoothly especially into the camera module. It is available in four colors, Ceramic White, Ceramic Black, Flora Green (Ceramic) and Mountain Blue.

Xiaomi 13 implements a screen-to-body ratio to 93.3 per cent with a 6.36″ full-screen AMOLED display and 1.61mm ultra-thin bezels.

The displays of Xiaomi 13 and Xiaomi 13 Pro have excellent HDR capabilities, with a fullscreen brightness of up to 1,200nits and a peak brightness of up to 1,900nits for optimal viewing.

READ MORE: Xiaomi 12T and 12T Pro released with exciting features

Xiaomi 13 is equipped with 4,500mAh silicon-oxygen anode battery, with the highest energy density under the same power. It also supports 67W wired charging and 50W wireless charging.

Xiaomi 13 Pro is equipped with a 4,820mAh battery and supports 120W wired charging and 50W wireless charging.

Beijing, CHINA: Redmi on Thursday unveiled the next iteration of widely acclaimed Redmi Note Series Discovery Edition – Redmi Note 12 Series.

Focused on introducing flagship smartphone features at an accessible price, the new Redmi Note Series feature major imagery upgrades, including 200MP camera, Sony’s IMX766, newly added OIS and Xiaomi AI Image Solution.

Notably, Redmi Note 12 DISCOVERY EDITION, the top end model, features 210W HyperCharge, capable of charging to 100% in an unprecedented, industry-leading speed in just 9 mins.

A giant leap forward for mid-range imaging systems with Samsung HPX and Sony IMX766

READ MORE: Xiaomi launched Redmi A1 Series under $100

Redmi Note 12 DISCOVERY EDITION and Redmi Note 12 Pro+ both offer leading imaging hardware in their leagues. Firsts to feature Samsung HPX, a 200MP sensor at 1/1.4″ with 2.24μm Super Pixel, Optical Image Stabilization (OIS), 7P lens and ALD low-reflective coating, the two devices supports outputting in 3 different resolutions for different scenarios:12.5MP using 2.24μm Super Pixel for quick snaps and night shots, 200MP for full, crisp details and 50MP for a perfect balance between image quality and capturing speeds.

Redmi Note 12 Pro features Sony’s IMX766 flagship sensor on its main camera, with a sensor size of 1/1.56″ and pixel binning at 2μm, along with OIS for superior imaging performance.

It is also the first time where Xiaomi AI Image Solution is brought to Redmi Note Series. By integrating both software and hardware, photo capturing speeds, and capabilities such as image stabilization, night scenes, noise reduction, and color retention are dramatically improved.

Drawing inspirations from classic film photography, Redmi Note 12 Pro Series also offers a brand new Film mode, featuring 5 new filters and frames, each with its own color tones, grains and vignette styles.

210W HyperCharge – charging to 100% in 9 mins

READ MORE: Google Career Certificates to bring digital revolution in Pakistan

Based on Redmi Note 12 Pro+, Redmi Note 12 DISCOVERY EDITION features an unprecedented 210W wired fast charging, capable of topping up a 4,300mAh battery to 100% in a mere 9 minutes.¹

To achieve such high-power fast charging, the design of the smartphone, battery cell, charger, and even the fast charging cable have been completely revamped. Three 100W fast charging chips are used and are distributed in a winged layout, reducing heat generation and maximizing high-power fast charging time. On the battery front, Redmi Note 12 DISCOVERY EDITION adopts a 10C dual-cell battery, and features optimized structural design and materials built using a new manufacturing process. Also featuring are cutting-edge technologies such as MTW technology, ultra-thin coating, and ultra-low viscosity electrolyte, together to greatly improve the charge and discharge capacity. The charger adopts dual GaN design, which greatly improves the power density, and the new customized 10.5A specification fast charging cable has an ultra-low impedance of 70mΩ, with an increased current capacity of 75% compared with the 120W/6A cable.

Redmi Note 12 Pro+ utilizes Xiaomi Surge P1 charging chip, offering a charging and battery combo of 120W HyperCharge and 5,000mAh large battery, and comes with an in-box 120W GaN charger. Redmi Note 12 Pro offers 67W turbo charging and 5,000mAh battery, which charges to 50% in 15 mins.¹

Flagship level display – the only flexible OLED display in its class

Redmi Note 12 Pro Series adopts a flagship-level flexible OLED display of up to 900nits and a pixel density of 394PPI using diamond-pixel arrangements. By utilizing a flexible OLED display, the chin of the device is as slim as 2.9mm for an immersive viewing experience.

READ MORE: Xiaomi 12T and 12T Pro released with exciting features

The display supports 16,000 levels of automatic brightness auto adjustment, as well as PWM 1920Hz tuning, classic and paper-like Reading mode, and hardware-level low-blue light eye protection. On top of that, the display features 10-bit color depth, 100% P3 color gamut coverage, Dolby Vision®, HDR10 and 10+ certification and Sunlight Display for a complete visual experience.

A flagship experience without compromises

Redmi Note 12 Pro Series debuts with the energy-efficient MediaTek Dimensity 1080 mobile platform, which is based on TSMC’s 6nm process and comes with A78+A55 octa-core structure. Scored over 510,000 in AnTuTu, Redmi Note 12 Pro Series supports 5G with dual SIM dual standby and Wi-Fi 6. Combined with MIUI 13’s Focus Algorithms, Atomized Memory, Liquid Storage, Memory Extension and other optimization technologies, Redmi Note 12 Pro Series guarantees smooth operations in all scenarios, whether for daily use, mainstream gaming or high-speed internet demand.

To ensure the high performance and the stability of power-efficient HyperCharge, Redmi Note 12 Pro series also provides a full range of guarantees in terms of heat dissipation. Redmi Note 12 DISCOVERY EDITION adopts a multi-dimensional cooling system with 3000mm² large VC. Also introducing the new 1268mm² dissipation material—graphene phase change materials, and together with high thermal conductivity aluminum alloy mid-frame, graphite and copper foil, the total heat dissipation area reaches nearly 30,000mm².

Redmi Note 12 Pro series is also equipped with dual stereo speakers, with Misound 5.0 self-developed algorithm and Hi-Res / Hi-Res Audio Wireless certification. Other notable features include: X-axis linear motor, Bluetooth 5.2, multifunctional NFC, IR blaster and 3.5mm headphone jack.

Redmi Note 12 YIBO EDITION

Based on Redmi Note 12 Pro+, Redmi has also introduced a special edition in collaboration with celebrity Yibo Wang, Redmi Note 12 YIBO EDITION, featuring a stylish design using advanced holographic levitation craft precisely aligned with 1 million micro-graphics and 1 million micro-lenses, which makes the 3D effect more realistic and prominent.

Redmi Note 12 Pro also offers a new color—purple, which utilizes nano-level depth processing to seamlessly integrate 900-thousand sand pattern and 1632 different size halo under 4-layer overlay, presenting a dreamy texture blending levels of reality and illusion.

Redmi Note 12 5G: upgrade to OLED screen with 120Hz refresh rate

Redmi Note 12 5G also brings its latest upgrade on the launch. It features a 6.67″ Samsung OLED screen with up to 1,200nits peak brightness, 120Hz refresh rate and 240Hz touch sampling rate. The display also covers 100% P3 color gamut, offers high refresh rate, supports classic and paper eye protection mode, as well as being accredited with SGS certification for low blue light.

READ MORE: Xiaomi launched Redmi A1 Series under $100

Redmi Note 12 5G features a large 5,000mAh battery and supports 33W fast charging. In terms of performance, Redmi Note 12 5G is the first to adopt Snapdragon® 4 Gen 1 Mobile Platform, with a AnTuTu performance score of nearly 400,000, providing full support for daily use.

Pricing and Availability

Redmi Note 12 Pro Series sales starts at 8pm, Oct 30 via official Mainland China channels. Redmi Note 12 DISCOVERY EDITION is available in black at a recommended retail price of RMB 2,399.

Redmi Note 12 Pro+ comes in blue, white, and black in two storage variant 8GB+256GB and 12GB+256GB at a recommended retail price of RMB 2,199 and RMB 2,399 respectively. Redmi Note 12 YIBO EDITION will be available starting from Nov 11 at a recommended retail price of RMB 2,599.

Redmi Note 12 Pro is available in blue, white, black and purple in four storage variants, 6GB+128GB, 8GB+128GB, 8GB+256GB, 12GB+256GB, with a recommended retail price of RMB 1,699, RMB 1,799, RMB 1,999, RMB 2,199 respectively.

Redmi Note 12 5G comes in three colors, blue, white and black, in four storage variants, 4GB+128GB, 6GB+128GB, 8GB+128GB, 8GB+256GB, with a recommended retail price of RMB 1,199, RMB1,299, RMB 1,499, RMB 1,699 respectively.

Additional ecosystem products

Launched alongside Redmi Note 12 Series are Xiaomi Book Air 13, Redmi X86, Redmi Smart Projector Series, Mijia DD Combination Washer Dryer 12kg (Grey), and Mijia Graphene Baseboard Heater (Simulation Flame).

Xiaomi Book Air 13 is currently the slimmest Xiaomi laptop offering. Sporting a 13.3″ OLED display with E4 material, the device is as slim as 12mm and weighs 1.2kg. It is also the first Xiaomi laptop to support a 360° fold, as well as Xiaomi Stylus, powering work and entertainment needs in a new way. Recommended retail price starting at RMB 5,999.

Redmi X86 features a giant 86″ 4K MEMC fullscreen display, with a screen-to-body ratio of up to 97%. It offers a resolution of 3840*2160, and a wide 178°viewing angle for an immersive audio-visiual experience. Recommended retail price at RMB 5,299.

Redmi Smart Projector Pro is capable of projecting a screen size of up to 120″ at 1080P. Both Redmi Smart Projector Pro and Redmi Smart Projector sport an Amlogic T950D4 quad-core CPU, along with accurate HSL color adjustments and dual speakers, the devices present a brand new smart viewing experience. Recommended retail price starting at RMB 1,399.

Offering up to 60° hot water sterilization for eliminating germs and capable of simulating six kinds of hand-washing modes to protect delicates, Mijia DD Combination Washer Dryer 12kg (Grey) can accomodate more load with a large washing capacity. To support the large load, it is equipped with a more efficient and durable direct drive motor. While it is also a dryer, it offers a 9kg-load drying capability. Recommended retail price at RMB 2,399.

The simulated flame version of Mijia Graphene Baseboard Heater (Simulation Flame) is an efficient heater, adopting the combination of dynamic water mist and LED light to simulate flames present in a real fireplace. With a built-in large capacity water tank, it puts moisture into the air while in work. Recommended retail price at RMB 499.

GERMANY: Xiaomi launched its smartphones 12T Pro and 12T featuring best imaging system. Xiaomi’s both 12T Series provides pro-grade 200MP for high clarity, strong night photography and quick focusing.

Xiaomi 12T Series is available for sale starting on Oct 13 via Xiaomi official channels. Xiaomi 12T Pro comes in three storage variants, 8GB+128GB, 8GB+256GB, and 12GB+256GB, with a price starting from EUR 749. 

Xiaomi 12T comes in two storage variants, 8GB+128GB and 8GB+256GB, with a price starting from EUR 599.

The press release issued by Xiaomi stated that both Xiaomi 12T Series flagships feature pro-grade cameras that offer users an exceptional smartphone photography experience. Featuring a pro-grade 200MP imaging system backed by ground-breaking hardware and Xiaomi’s own advanced AI algorithms, Xiaomi 12T Pro delivers superb imagery with high clarity, strong night photography, and quick focusing. These together with a variety of other optimizations allow the capturing of fine details even in low-light conditions, or when shooting fast-moving subjects without losing focus.

READ MORE: Xiaomi launched Redmi A1 Series under $100

The camera also features in-sensor 2x zoom that can utilize the capabilities of the large 1/1.22″ sensor size to take ideal portraits. With Xiaomi ProCut and Ultra burst, Xiaomi 12T Pro helps you intelligently crop and create professional-looking content. To unlock movie-making creativity, Xiaomi 12T Pro supports 8K video in full resolution.

Meanwhile, Xiaomi 12T implements a triple camera array: a 108MP pro-grade primary camera, 8MP ultra-wide camera, and 2MP macro camera. Powerful low-light capabilities deliver crisp and bright pictures even in challenging situations.

Xiaomi 12T Pro is equipped with the best Snapdragon processor with leading 4nm TSMC manufacturing process, which significantly enhances the performance of CPU and GPU by 16.7 percent and 11 percent respectively compared to Snapdragon® 8 Gen 1, and reduces power consumption of each by 33 percent and 30 percent. Equipped with a heat dissipation system comprised of a vapor chamber 65 percent larger with 125 percent higher thermal material coverage than Xiaomi 11T Pro, Xiaomi 12T Pro also provides smooth user experience and great power efficiency without worrying about overheating.

Xiaomi 12T is powered by MediaTek’s leading chipset—MediaTek Dimensity 8100-Ultra which is built on the 5nm TSMC manufacturing process. The chip is fully upgraded with an all-new GPU structure, increasing performance and power efficiency by up to 30 percent compared to its predecessor, as well as clock, cache, and storage speeds, leading to a much faster user experience. Whether it’s capturing incredible photos and videos, watching movies, or scrolling social media, Xiaomi 12T delivers peak performance across all your favorite moments.

Xiaomi 12T Series offers incredible battery life, even amongst Xiaomi flagships, plus exceptionally fast charging. Both phones have a large 5,000mAh battery and feature 120W HyperCharge. Both can be charged to 100 percent in as quickly as 19 minutes, and ready for up to 13.5 hours of screen-on time. Additionally, with Xiaomi AdaptiveCharge, the devices learn users’ day-to-day charging routines to optimize long-term battery health. Supported by Xiaomi’s long-lasting battery and super charging, users can confidently go anywhere, do anything, and never miss a moment.

A mega viewing experience is a given with Xiaomi 12T Series’ 6.67″ CrystalRes AMOLED display. With 1220p resolution and over 68 billion colors, both are perfectly designed to balance clarity, colorful details, and power efficiency. The display is also enhanced by smart features such as AdaptiveSync, which dynamically adjusts refresh rate based on content viewed. Meanwhile, for all users who interact with their phones for pro-longed periods. Finally, Adaptive Reading mode reduces the amount of blue light emitted to improve eye comfort.

Xiaomi 12T Series is accented with iconic premium design element. The curve frosted back ensures reduced fingerprints on the back panel, along with compact in-hand feel. Front and back, top to bottom, this is complete flagship design language offered in 3 stunning colors: Black, Silver, and Blue.

BEIJING: Xiaomi Corporation on Friday announced Redmi A1 Series with bold design and exciting features. The mobile phone is launched under $100.

The features of this phone are 6.52’’ HD+ large display at 1600×720 resolution. Both Redmi A1 and Redmi A1+ offer immersive experience when watching videos or gaming. For extended viewing, the devices offer Dark theme and Night Light mode, which help prevent eye strain.  

Redmi A1 Series is equipped with an 8MP main camera paired with an auxiliary lens to enable portrait shots, and a 5MP front camera. Both rear and front cameras are loaded with versatile modes including portrait, short video and time-lapse, offering users diverse shooting options. The smartphone is also packed with a large 5,000mAh battery and 10W charging, effortlessly lasting through daily use.

READ MORE: Google Career Certificates to bring digital revolution in Pakistan

In terms of performance, Redmi A1 Series are powered by MediaTek Helio A22, which ensures enough performance to run apps, support the high resolution display, and power efficiency. Additionally, it also supports expandable storage up to 1TB, which frees up space on-device for additional data storage.

While Redmi A1 Series has an impressive hardware price-to-performance ratio, it also has a notable design. Inheriting family design from Redmi Note Series, Redmi A1 Series come in Black, Light Green, and Light Blue, all with a stylish flat-frame design. Accentuated by a clean, minimalistic curved back, its leather-like texture resists fingerprint smudges and marks. In addition, Redmi A1+ comes equipped with advanced and responsive rear fingerprint sensor for quick unlocking.

Redmi A1 Series will be offered in two models, Redmi A1 and Redmi A1+, with two storage configurations for both smartphones: 2GB+32GB and 3GB+32GB. Available at a recommended retail price of USD 89, pricing may vary between markets. Redmi A1 Series sales starts today through Xiaomi official sales channels.

Beijing, Hong Kong: Xiaomi Corporation on Friday announced financial results for the second quarter and half year ended June 30, 2022. It declared increase in revenue to RMB 70.2 billion.

Xiaomi is a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an Internet of Things (IoT) platform at its core, announced its unaudited consolidated results for the three and six months ended June 30, 2022.

READ MORE: Xiaomi launches ultra-high resolution Pad 5 Pro

During the reporting period, Xiaomi registered revenue of RMB70.2 billion. Adjusted net profit reached RMB2.1 billion, which included RMB611 million of expenses related to smart EV and other new initiatives.

In the second quarter of 2022, global macroeconomic turbulence and the resurgence of COVID-19 continued to impact overall market demand for smartphones, and global smartphone industry shipments declined 8.9 percent year-over-year and 7.7 percent quarter-over-quarter, according to Canalys. Against the backdrop, the Group remained focused on its preordained strategies of seeking to strengthen the fundamentals of smartphone business, further pursue development of Xiaomi’s technology ecosystem and expand foothold in global markets demonstrating strong levels of operational resilience.

Global strategy bears fruits as smartphone shipments grow for two consecutive quarters

READ MORE: Xiaomi unveils CyberOne – first ever humanoid robot

In the first half of 2022, global smartphone shipments dropped 8.9 percent year-over-year and 7.7 percent quarter-over-quarter. Despite the challenge, Xiaomi remained committed to its core strategies in pursuit of long-term and sustainable development. As Xiaomi continues to advance its dual-brand strategy, fundamentals of its smartphone business have shown tremendous resilience.

In the second quarter of 2022, Xiaomi’s smartphone revenue reached RMB42.3 billion with global smartphone shipments reached 39.1 million units, an increase of 1.5 percent quarter-over-quarter. According to Canalys, Xiaomi’s global smartphone shipments ranked No. 3 in the second quarter with market share of 13.8 percent, and its market share has increased for two consecutive quarters.

READ MORE: Xiaomi launches ultra slim MIX Fold 2 smartphone

In the meantime, Xiaomi’s international brand strength continues to solidify as it progressively expands its foothold in global markets. In the second quarter of 2022, Xiaomi’s revenue from overseas markets reached RMB34 billion, accounting for 48.4 percent of total revenue.

Benefiting from Xiaomi’s mature business model and localization experience, the Group’s market share in Europe, Latin America, Southeast Asia, Middle East and Africa all increased quarter-over-quarter. According to Canalys, in the second quarter of 2022, Xiaomi’s smartphone shipments ranked top 3 in 55 countries and regions and among the top five in 67 countries and regions. In the second quarter of 2022, Xiaomi’s smartphone shipments ranked No. 2 in Europe with 21.7 percent market share, ranked No. 3 within Western Europe with market share of 15.8 percent and ranked No.1 in Spain.

Meanwhile, Xiaomi continues to penetrate the overseas carrier channel. According to Canalys, the Group’s carrier channel market share in Europe increased from 17.0 percent in the first quarter to 18 percent in the second quarter of 2022. Xiaomi’s carrier channel market share in Latin America increased from 17.7 percent to 19.3 percent in the same period. According to Canalys, Xiaomi smartphone market share through carrier channels ranked top three in 40 overseas markets.

Xiaomi continues to earn global recognition. In August 2022, Xiaomi was named on the Fortune Global 500 list for the fourth consecutive year and ranked 266th, advancing 72 spots from 2021. By harnessing the potential of business expansion through market localization efforts, the development of a global market presence is expected to generate immense growth opportunities for Xiaomi.

Ramping up R&D investment to boost premiumization

Xiaomi has been pursuing technological innovation and quality upgrade, and is committed to strengthening its independent R&D capabilities and enhancing its core competitiveness. In the second quarter of 2022, its research and development expenses reached RMB3.8 billion, an increase of 22.8 percent year-over-year. At the latest Xiaomi product launch event, Lei Jun, founder, chairman and CEO of Xiaomi Group, revealed that Xiaomi’s R&D investment has grown at a CAGR of 39.7 percent since 2017 and is expected to reach RMB17 billion in 2022 and RMB100 billion in the next five years.

During the reporting period, Xiaomi not only launched its proprietary Surge G1 battery management chip to optimize the performance of smartphone products’ battery life but also continued to boost its premiumization strategy with significant breakthroughs in imaging technology and smartphone form factor.

In May 2022, Xiaomi announced its long-term strategic partnership in imaging technology with Leica, another milestone in Xiaomi’s premiumization development. In July 2022, Xiaomi announced its first model with Leica, Xiaomi 12S Ultra. It features a Leica Summicron lenses and Sony IMX989 one-inch image sensor, along with the Leica Authentic Look and the Leica Vibrant Look imaging profiles, delivering a highly texturized smartphone photography experience. With the release of Xiaomi 12S series, the third generation of Xiaomi high-end “performance-first, experience-first” has fully emerged. According to the JD platform, Xiaomi 12S series has been well received by the market with more than 98 percent of reviews positive thus far.

On August 11, Xiaomi’s second-generation foldable flagship smartphone, Xiaomi MIX Fold 2, was unveiled and it pushes the boundaries of the premium market once again. The product features the self-developed Micro Waterdrop Hinge and flexible ultra-thin glass to provide a revolutionary ultra-slim design and pleasant in-hand experience. Xiaomi MIX Fold 2 is equipped with Eco2 OLED flexible display, which greatly increases light transmittance while reducing power consumption. It is also equipped with the Snapdragon 8+ Gen 1 Mobile Platform processor, Leica Summicron lenses and MIUI Fold 13, which is designed specifically for foldable smartphones. Xiaomi MIX Fold 2 offers outstanding performance and exceptional user experience in terms of display, imaging and software, and has achieved strong sales since launch.

In the second quarter, according to third-party data, Xiaomi’s smartphone market share in the RMB3,000 to RMB4,000 price segment in mainland China increased 3.5 percentage points year-over-year to 18.2 percent, and in the RMB4,000 to RMB5,000 price segment, its market share rose 2.0 percentage points year-over-year to 15.5 percent. The development of Xiaomi’s premiumization strategy has become a driving force contributing to its solid development.

In addition, Xiaomi is relentlessly exploring the future and focusing on sharing the long-term value of technology. At present, Xiaomi adopts the technology deployment strategy of self-developed full stack approach to autonomous driving technology. The Group plans to invest RMB3.3 billion in autonomous driving research and development in the first phase during which it will create a fleet of 140 test vehicles to further drive technological breakthroughs. The robotics laboratory that established in 2021 has made groundbreaking achievements. On 11 August, Xiaomi launched its self-developed, full-size humanoid bionic robot CyberOne, which supports bipedal-motion posture balancing through mechanical joint motors and full-body control algorithms. Furthermore, it is capable of detecting human emotion and creating three-dimensional virtual reconstructions of the real world through self-developed audio and vision modules and algorithms. These series of self-developed high-tech products fully demonstrate Xiaomi’s technological leadership and promote the evolution and enhancement of Xiaomi’s premiumization capabilities.

Shaping new “Xiaomi Technological Ecosystem” to empower smart living era

Driven by innovation, Xiaomi has further advanced its “Smartphone x AIoT” strategy to empower a smart living era. The company is building an ever-expanding technology ecosphere spanning smartphones, wearable devices, smart home, smart manufacturing, smart EVs and bionic robots, to better connect people to the world around them and improve their lives. In tandem with the development, the Group launched a series of new products, including Mijia Dual-Drum Washer Dryer 15kg, Xiaomi Pad 5 Pro 12.4, Xiaomi Buds 4 Pro, Xiaomi Watch S1 Pro and Mijia Smart Smoke Purifier P1 elevating premium experiences and capabilities.

As of June 30, 2022, the number of connected IoT devices (excluding smartphones, tablets and laptops) on Xiaomi’s AIoT platform reached 526.9 million, up 40.7 percent year-over-year. The number of users with five or more devices connected to its AIoT platform (excluding smartphones, tablets and laptops) exceeded 10 million for the first time to reach 10.2 million, an increase of 37.0 percent year-over-year.

Xiaomi continues to enhance interconnectivity across all usage scenarios and expand a diverse smart living product portfolio. In the second quarter of 2022, Xiaomi’s revenue from IoT and lifestyle products amounted to RMB19.8 billion. Although demand for discretionary items in overseas markets was weak in the short term due to the macro-economic factors, many IoT product categories in the domestic market still achieved solid growth.

Global shipments of Xiaomi smart TV reached 2.6 million units, outperforming the overall decline in the global TV market, thanks to the cost advantages brought by the Group’s economies of scale and the lower prices of key components. The gross profit margin of smart TV business increased substantially year-over-year in the second quarter. According to All View Cloud (“AVC”), Xiaomi smart TV shipments ranked No. 1 in mainland China and maintained its top five global ranking in the second quarter of 2022.

Smart large home appliance category (including air conditioners, refrigerators and washing machines) continued to deliver strong growth with revenue increasing over 25 percent year-over-year to set a record high. Xiaomi’s air conditioner product shipments grew by over 35 percent. It is worth mentioning that as of July 2022, the company’s air conditioner shipments year-to-date has already exceeded the 2 million units in 2021, while the total tablet shipments exceeded 1.5 million units in the first half of 2022.

Monetization of overseas internet services revenue strengthens underpinned by record-high MIUI MAUs

Despite the challenges posed by macroeconomic headwinds, Xiaomi’s internet services business achieved rapid growth underpinned by sustained growth of user base and stronger content and service operations.

In the second quarter of 2022, Xiaomi’s internet services revenue reached RMB7.0 billion. Overseas internet services revenue achieved a quarterly high of RMB1.7 billion, an increase of 52.1 percent year-over-year, and accounted for 23.9 percent of total internet services revenue. Its overseas internet services business not only diversified its monetization capabilities but has also safeguarded its growth resilience amid macroeconomic uncertainties and is expected to further optimize the company’s profitability.

The continued growth of MIUI MAUs enhanced resilience of Xiaomi’s internet services business, laying a solid foundation for its long-term development. In June 2022, global MAU of MIUI reached 547.0 million while MAU of MIUI in mainland China reached 140.2 million, both hitting record highs. The Group added 17.8 million MAU of MIUI globally, including 4.6 million MAU in mainland China.

In this quarter, overseas advertising revenue increased over 50 percent year-over-year, mainly benefiting from the continued expansion of overseas user base, enhanced content and services, as well as deeper collaboration with the company’s global business partners.

Driven by smart TV shipments, Xiaomi’s TV internet user base continued its robust growth momentum in the second quarter. In June 2022, global MAU of Xiaomi’s smart TV (including Xiaomi Box and Xiaomi TV Stick) reached approximately 53 million. Revenue from mainland China TV value-added services increased nearly 25 percent year-over-year in this quarter due to optimized content operations.

In the second quarter of 2022, Xiaomi’s resilience backed by well-established capabilities has boosted market confidence amid temporary economic volatility and slowing demand. Meanwhile, Xiaomi’s continued strong organic growth momentum enabling the company to navigate short-term volatility and reshape its long-term development.