Tag: Xiaomi

  • Xiaomi donates $0.1 million for Pakistan flood victims

    Xiaomi donates $0.1 million for Pakistan flood victims

    PAKISTAN: Xiaomi Foundation has donated $0.1 million to UNHCR, the UN Refugee Agency for flood victims in Pakisan.

    Since June, Pakistan’s landscape has been altered by torrential rain, which has submerged approximately one-third of the country under water, taken the lives of thousands, and forced millions to flee their homes.

    Forbes China recognizes Xiaomi for ESG practices

    According to the National Disaster Management Authority, more than 33,046,329 individuals have been displaced, and over 1,051,570 houses are damaged because of these devastating floods.

    UNHCR is on the ground already distributing life-saving support to affected communities, including many of the 1.3 million Afghan refugees who have been generously hosted in Pakistan for over 40 years. In the worst hit areas of Balochistan and Khyber Pakhtunkhwa provinces.

    READ MORE: Xiaomi declares increase in revenue to RMB 70.2 billion

    UNHCR has already provided refugee villages as well as host communities with more than 71,000 emergency relief items, including tents, plastic tarpaulins, sanitary products, cooking stoves, blankets, solar lamps and sleeping mats. In addition, UNHCR delivered 10,000 sandbags to help households build up defenses around their homes.

    State Bank of Pakistan (SBP) has issued a list of IBAN (International Bank Account Number) of Prime Minister Flood Relief Fund 2022 maintained by commercial banks.

    READ MORE: SBP opens account for Balochistan Flood Relief, Rehabilitation Fund

    Following is the list of banks and IBAN:

    01. Allied Bank Limited (ABL), Title of Account # Prime Minister’s Flood Relief Fund Account, 2022, IBAN PK58ABPA001009849790015

    02. Albaraka Bank, Title of Account # Prime Minister’s Flood Relief Fund Account, 2022, IBAN PK11AIIN0000150583517016

    03. Askari Bank Limited, Title of Account # Prime Minister’s Flood Relief Fund 2022, IBAN PK82ASCM0000020100579916

    04. Bank Alfalah Limited, Title of Account # Prime Minister’s Flood Relief Fund Account-2022, IBAN PK60ALFH0005001007990397

    05. Bank Al Habib Limited, Title of Account # Prime Minister’s Flood Relief Fund 2022, IBAN PK32BAHL1001186690500301

    06. Bank Islami Pakistan Limited, Title of Account # PRIME MINISTER’S FLOOD RELIEF FUND ACCOUNT, 2022, IBAN PK02BKIP0100339720620001

    07. Bank of China, Title of Account # Prime Minister’s Flood Relief Fund 2022, IBAN PK37BKCH0100002600005375

    08. Bank of Khyber, Title of Account # Prime Minister’s Flood Relief Fund 2022, IBAN PK66KHYB0001002008277365

    09. Bank of Punjab, Title of Account # Prime Minister’s Flood Relief Fund 2022, IBAN PK52BPUN6010000181500176

    10. Citi Bank, Title of Account PRIME MINISTER’S FLOOD RELIEF FUND, IBAN PK28CITI1000000103660009

    READ MORE: SBP issues instructions to banks for flood relief donation awareness

    11. Dubai Islamic Bank Limited, Title of Account # PRIME MINISTER FLOOD RELIEF FUND 2022, IBAN PK22DUIB0000000807647001

    12. Faysal Bank Limited, Title of Account # Prime Minister’s Flood Relief Fund 2022, IBAN PK97FAYS3554Z17000001562

    13. FINCA Microfinance Bank, Title of Account # PRIME MINISTERS FLOODRELIEF FUND, 2022, IBAN PK25FINC0223183643011000

    14. Habib Metro Bank, Title of Account # PRIME MINISTERS FLOODRELIEF FUND, 2022, IBAN PK58MPBL0101027140665909

    15. Habib Bank Limited, Title of Account # PM’s Flood Relief Fund Account, 2022, IBAN PK43HABB000042792244003

    16 Habib Bank Limited Microfinance Bank, Title of Account # PRIME MINISTERS FLOODRELIEF FUND, 2022, IBAN PK62FMFB0021012862868015

    17. ICBC, Title of Account # Prime Minister’s Flood Relief Fund 2022, IBAN PK76ICBK0010000000239638

    18. JS Bank, Title of Account # PRIME MINISTER’S FLOOD ACCOUNT 2022, IBAN PK56JSBL9001000002029796

    19. Khushhali Microfinance Bank, Title of Account # Prime Minister’s Flood Relief Fund 2022, IBAN PK85khbl0000012075443288

    20 MCB, Title of Account # Prime Minister’s Flood Relief Fund Account, 2022, IBAN PK13MUCB0729483241037873

    READ MORE: Tax exemption granted to donations for PM flood relief fund

    21. MCB Islamic Bank, Title of Account # Prime Minister’s Flood Relief Fund Account, 2022, IBAN PK58MCIB0351004196150001

    22. Meezan Bank Limited, Title of Account Prime Minister’s Flood Relief Fund Account, IBAN PK39MEZN0001540107020124

    23. National Bank of Pakistan, Title of Account # Prime Minister’s Flood Relief Fund 2022, IBAN PK92NBPA0002004181048973

    24. NRSP Microfinance Bank, Title of Account # Prime Minister’s Flood Relief Fund Account, 2022, IBAN PK60NRSP0000020010002760

    25. Samba Bank, Title of Account # PRIME MINISTER’S FLOOD RELIEF FUND, 2022, IBAN PK83SAMB0000002000117199

    26. Silk Bank, Title of Account # Prime Minister’s Flood Relief Fund Account, 2022, IBAN PK68SAUD0000012010847043

    27. Sindh Bank, Title of Account # PRIME MINISTER’S FLOOD RELIEF FUND ACCOUNT,2022, IBAN PK21SIND0003016411713500

    28. SME Bank, Title of Account # PRIME MINISTER’s RELIEF FUND, 2022, IBAN PK16SMES1001000664000001

    29. Soneri Bank, Title of Account # Prime Minister’s Flood Relief Fund Account, 2022, IBAN PK81SONE0000220010110875

    30. Standard Chartered Bank, Title of Account Prime Minister’s Flood Relief Fund 2022, IBAN PK75SCBL0000001701259101

    31. Summit Bank, Title of Account # PRIME MINISTERS FLOOD RELIEF FUND ACCOUNT -2022, IBAN PK57SUMB0201027140181164

    32. U Microfinance Bank, Title of Account # Prime Minister’s Flood Relief Fund Account, 2022, IBAN PK26UMBL0107000093500096

    33. United Bank Limited, Title of Account # Prime Minister’s Flood Relief Fund 2022, IBAN PK86UNIL0109000286613095

  • Forbes China recognizes Xiaomi for ESG practices

    Forbes China recognizes Xiaomi for ESG practices

    BEIJING: Forbes China on Thursday named Xiaomi Corporation to its “China ESG 50” list for 2022.

    Forbes China launched its China ESG 50 report to recognize companies that adhere to best practices in environmental, social and governance (ESG).

    “We are honored to receive recognition for our ESG practices,” said Wang Xiang, Partner and President of Xiaomi Group.

    READ MORE: Xiaomi declares increase in revenue to RMB 70.2 billion

    He further said “As a top-three global smartphone company and a leading consumer AIoT platform, Xiaomi is fully committed to leveraging its scale and efficiency to create a sustainable economy for our users, employees, partners and the planet. We look forward to leading by example and continuing to integrate ESG practices into our products, services, governance structure, and operations.”

    Forbes China’s selection criteria for the ESG 50 are based on the United Nations (UN) Sustainable Development Goals (SDGs). Companies named to the list are also on Forbes Global 2000 list.

    Xiaomi views ESG management as fundamental to its corporate strategy. It has published an annual ESG Report since 2018 and has joined the UN Global Compact and committed to its ten stipulated principles of corporate responsibility since 2020.

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

    Its achievements in ESG were recognized by the Chamber of Hong Kong Listed Companies in 2021 with the “Award of Excellence in ESG”.

    Xiaomi has reduced resource consumption and minimized the environmental impacts of its products by leveraging technology advancement and optimizing production processes. As shown in the graph below, environmental impacts are minimized throughout the life cycle of Xiaomi products.

    Examples of ways Xiaomi reduced its environmental impacts include the following. The Xiaomi 12 series smartphone features a rear cover made of BASF Haptex®, a low-carbon non-solvent polyurethane (PU) material that consumes 20 percent less energy, emits 20 percent less greenhouse gases, and uses 15 percent less water compared to synthetic leather.

    READ MORE: Xiaomi unveils CyberOne – first ever humanoid robot

    Lightweight pallets used for shipping smartphones abroad annually save up to 460 metric tons of aviation fuel or 1,423 metric tons of CO2e. Xiaomi also recycled more than 650 thousand smartphones in 2021, 80 percent to 90 percent of which were resold.

    When it comes to the social factor in ESG, Xiaomi has built a comprehensive governance structure to protect data security and user privacy. Xiaomi created its Security and Privacy Committee in 2014. Xiaomi adopted the General Data Protection Regulation (GDPR) of European Union compliance assessment in 2018. It continues to submit to external expert scrutiny of its data protection and user privacy practices.

    READ MORE: Xiaomi launches ultra slim MIX Fold 2 smartphone

    Last year, Xiaomi published its first transparency report, making it the first Android smartphone brand to do so. Xiaomi this year obtained the certificate of registration of NIST CSF (National Institute of Standards and Technology, Cybersecurity Framework), further strengthening its data security protection capabilities.

  • Xiaomi declares increase in revenue to RMB 70.2 billion

    Xiaomi declares increase in revenue to RMB 70.2 billion

    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 15kgXiaomi Pad 5 Pro 12.4Xiaomi Buds 4 ProXiaomi 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.

  • Xiaomi launches ultra-high resolution Pad 5 Pro

    Xiaomi launches ultra-high resolution Pad 5 Pro

    BEIJING: Xiaomi Corporation launched its Xiaomi Pad 5 Pro which provides 12.4″ display for work and entertainment.

    Xiaomi Pad 5 Pro features a large 12.4″ display, which users can fully utilize for a highly efficient and convenient experience in both work and entertainment scenarios.

    READ MORE: Xiaomi unveils CyberOne – first ever humanoid robot

    The 12.4″ high-quality display features an ultra-high resolution of 2560×1600, 120Hz high refresh rate, and hardware-level blue light reduction, providing a comfortable and smooth experience for video-watching and swift multitasking on split-screens.

    Xiaomi Pad 5 Pro’s built-in conference mode can convert speech into text in real time, quickly distinguish between different speakers, and supports real-time translation between Chinese and English.

    READ MORE: Xiaomi launches ultra slim MIX Fold 2 smartphone

  • Xiaomi unveils CyberOne – first ever humanoid robot

    Xiaomi unveils CyberOne – first ever humanoid robot

    BEIJING: Xiaomi on Thursday August 11, 2022 launched CyberOne its first ever humanoid robot.

    As the newest member of Xiaomi’s Cyber series, joining last year’s quadruped robot Cyberdog, CyberOne is fitted with advanced arms and legs, supports bipedal-motion posture balancing, and reaches a peak torque of up to 300Nm.

    Also demonstrated was the ability to detect human emotion, advanced vision capabilities, and functionality allowing it to create three-dimensional virtual reconstructions of the real world, alongside a host of other advanced technologies.

    READ MORE: Xiaomi launches ultra slim MIX Fold 2 smartphone

    New self-developed breakthroughs in Xiaomi Technology Ecosphere

    “CyberOne’s AI and mechanical capabilities are all self-developed by Xiaomi Robotics Lab. We have invested heavily in R&D spanning various areas, including software, hardware, and algorithms innovation,” says Lei Jun, Founder, Chairman, and CEO of Xiaomi Group.

    “With AI at its core and a full-size humanoid frame as its vessel, this is an exploration of possibilities of Xiaomi’s future technological ecosystem and a new breakthrough for the company.”

    READ MORE: Samsung launches all new Galaxy Z Flip4

    CyberOne is a humanoid robot measuring 177cm in height and 52kg by weight, with an arm span of 168cm. Compared to a quadruped robot, this humanoid robot is more mechanically complex, requiring more powerful motors, more degrees of freedom, and complex humanoid biped control algorithms. CyberOne supports up to 21 degrees of freedom in motion and achieves a real-time response speed of 0.5ms for each degree of freedom, which allows it to fully simulate human movements.

    A robot’s motion performance is dependent on the performance of each joint motor. The technological requirement for building such motors is extremely high as it is necessary to generate more kinetic energy without increasing the size of components. In order to ensure the flexibility of CyberOne’s upper limbs, Xiaomi has developed a high-efficiency motor weighing only 500g with a rated output torque of up to 30Nm for the upper limb joint motor. The hip joint motor is similarly capable of an instantaneous peak torque of up to 300Nm. Thanks to the self-developed humanoid bipedal control algorithm, CyberOne’s walking posture has been programmed to be both natural and stable. On top of that, CyberOne is capable of holding up to 1.5kg in weight with a single hand and programming by demonstration. Altogether, CyberOne is a humanoid robot with well-developed coordination and exceptional motion capabilities.

    READ MORE: Xiaomi further improves rank to 266 in Fortune Global 500 list

    Humanoid robots rely on vision to process their surroundings. Equipped with a self-developed Mi-Sense depth vision module and combined with an AI interaction algorithm, CyberOne is capable of perceiving 3D space, as well as recognizing individuals, gestures, and expressions, allowing it to not only see but to process its environment. In order to communicate with the world, CyberOne is equipped with a self-developed MiAI environment semantics recognition engine and a MiAI vocal emotion identification engine, enabling it to recognize 85 types of environmental sounds and 45 classifications of human emotion. CyberOne is able to detect happiness, and even comfort the user in times of sadness. All of these features are integrated into CyberOne’s processing units, which are paired with a curved OLED module to display real-time interactive information.

    READ MORE: Samsung unveils toughest foldable Galaxy Z Fold4

    Keep exploring, and bring robots into people’s lives

    Robotics is considered the “crown jewel of manufacturing” with humanoid robots being the ultimate goal for many across the industry. Compared with industrial robots that are valued for their specialized mechanical capabilities, the main challenge in building humanoid robots is to perfectly simulate human processes of perception, cognition, decision-making, and execution under various scenarios. Interestingly, a large number of new technologies that have emerged in the process of trying to solve this challenge have already been serving the general public in positive ways.

    The development of CyberOne is a symbol of Xiaomi’s dedication to incubate a technological ecosystem centered in a single point, and connect it with the world in ways never seen before. Spanning from smartphones, wearable devices and smart homes, to smart manufacturing, smart electric vehicle and bionic robots, Xiaomi has been constantly exploring and extending its innovations in various scenarios so as to better connect people and the world, eventually building an ever-evolving Xiaomi Technology Ecosphere.

    READ MORE: Samsung launches One UI 5 open beta program for Galaxy S22 series

    Lei Jun notes that humanoid bionic robots require the highest degree of technical integration and present the largest challenge in the field of intelligent robotics. Xiaomi is making its first steps in the field, and CyberOne is constantly adding new capabilities. “We think that intelligent robots will definitely be a part of people’s lives in the future,” said Lei Jun.

    CyberOne’s research and development process combined cutting-edge technologies from a variety of sectors, including bionic perception and cognition, biomechatronics, artificial intelligence, big data and cloud computing, and visual navigation. These technological breakthroughs are also expected to give birth to more application scenarios in other fields, such as industrial robots with improved mechanical performance, companion robots with emotion recognition, and public service robots powered by big data and cloud computing. CyberOne’s technology will also be applied to more and more Xiaomi products in the future.

  • Xiaomi launches ultra slim MIX Fold 2 smartphone

    Xiaomi launches ultra slim MIX Fold 2 smartphone

    BEIJING: Xiaomi on Thursday August 11, 2022 revealed its advanced foldable flagship smartphone, Xiaomi MIX Fold 2 launched in China.

    Xiaomi MIX Fold 2 is a giant technological leap in the ultra-slim foldable smartphone space. Measuring just 5.4mm¹ unfolded, Xiaomi MIX Fold 2 offers a consistent viewing experience on both its inner and outer displays. Additionally, it delivers an authentic Leica imagery experience and outstanding power efficiency with the latest Snapdragon® 8+ Gen 1 mobile platform.

    READ MORE: Samsung launches all new Galaxy Z Flip4

    In addition to Xiaomi MIX Fold 2, Xiaomi also announced Xiaomi Pad 5 Pro, Redmi K50 Ultra, and a host of ecosystem products.

    Self-developed Micro Waterdrop Hinge

    Xiaomi MIX Fold 2 boasts a revolutionary design. It is one of the thinnest foldable smartphones on the market with a folded body just 11.2mm¹ thin—significantly slimmer than many other foldable devices. Both edges measure just only 5.4mm¹ unfolded, offering a pleasant in-hand feel experience.

    To achieve these breakthroughs in form factor, Xiaomi focused on refining the hinge – the core component of the foldable smartphone. Xiaomi MIX Fold 2 is equipped with a self-developed Micro Waterdrop Hinge which features a smaller bending radius, thinner screen modules, customized mini rotating hinge, and utilized an integrated solder-free precision process to create a carbon fiber double-wing floating panel. Together, these highly integrated components reduced the number of parts to only 87, enabling a lighter and thinner hinge design than ever before.

    READ MORE: Samsung launches One UI 5 open beta program for Galaxy S22 series

    In addition, both sides of the hinge use space stacking technology, and use large hidden spaces on both sides of the hinge for soft boards, achieving a 20% increase in space utilization and thereby offering the 5.4mm¹ flat design with balanced weight distribution.

    Two displays, one exceptional viewing experience

    Xiaomi MIX Fold 2 sports an inner folding design, with two AMOLED flagship screens of two different sizes on two respective sides. The outer display adopts a 21:9 classic ratio design, allowing for excellent compatibility with most applications and taking into account user experience when handling. The 6.56″ display features Samsung E5 material, a resolution of 2520×1080, and supports 120Hz high refresh rate and P3 color gamut, with a brightness of up to 1000nit–giving it an edge over other common displays thanks to its outstanding user experience.

    READ MORE: Xiaomi further improves rank to 266 in Fortune Global 500 list

    On the inside Xiaomi MIX Fold 2 flaunts an 8.02″ Samsung Eco² OLED display. It adopts POL-LESS technology, replaces the traditional polarizer with an ultra-thin color filter, and uses a black matrix material to reduce reflection on the screen. Compared to traditional displays, light transmittance has been increased by 33%, with power consumption reduced by 25%. This screen has a resolution of 2160×1914, supports P3 color gamut and LTPO 2.0 1-120Hz AdaptiveSync Pro. The ultra-low anti-AR film allows the display to reduce reflectivity to less than 2%, resulting in more detailed viewing experience and pleasing aesthetics.

    The two displays offer an exceptionally consistent user experience, both supporting 120Hz refresh rate, professional screen calibration on primary colors, 1,000nit brightness and Dolby Vision. Regardless of which screen is used, the device supports dual ambient light sensing on the front and back, providing for natural and smooth automatic brightness adjustment.

    MIUI Fold 13, the new standard for foldable displays

    Xiaomi MIX Fold 2 runs on the latest MIUI Fold 13 operating system. Developed as a permutation of the classic MIUI interface, it is perfectly adapted to foldable form factor, with screen interaction optimizations offering advancements in user experience.

    The smart screen desktop design adapts to the foldable display and doubles the viewing area of the smartphone. As well as maintaining visual consistency, it allows for the hundreds of available MIUI widgets to be used without deformation, increasing both aesthetics and usability.

    Xiaomi MIX Fold 2 system applications are customized for its large screen, and a large number of app interfaces have been redesigned for a better on-screen experience. Calendar, file management, voice recorder, notes, and other applications apply a new column design to take full advantage of the large screen. Third-party application adaptation will be conducted according to solutions available in Android 12L, providing more native support capability for third-party apps.

    Additional Xiaomi MIX Fold 2 innovations include updates in smart screen interaction. Users can now three finger swipe to split screen. Floating windows can be quickly accessed through the sidebar, which can also be used to exit split screen mode. The design of floating windows and notifications has also been adjusted, and multitasking on a smartphone has never been quite this efficient.

    Authentic Leica Imagery, dual-quality approach

    Xiaomi has set a new imaging standard for smartphone photography, combining Leica’s imagery expertise with Xiaomi’s rich experience in the field of computational photography.

    To ensure optical excellence, Xiaomi MIX Fold 2 is equipped with a 50-megapixel IMX766 main camera, with 7P lenses all using ALD low-reflection coating. Also featured are a 13MP ultra-wide angle camera and a 8MP telephoto camera with 2x optical zoom and portrait capabilities.

    In addition to the Leica-certified Summicron lens, Xiaomi MIX Fold 2 offers access to two photographic styles: The “Leica Authentic Look” and “Leica Vibrant Look”, both offering enhanced creative freedom to the photographer.

    With the Xiaomi ProFocus support, Xiaomi MIX Fold 2 offers fast camera startup, quick captures, and continuous shooting support up to 30 frames per second.

    In regards to video, Xiaomi MIX Fold 2 supports Dolby Vision HDR recording, as well as both Dolby Vision and Dolby Atmos for video viewing. Videos shot on Xiaomi MIX Fold 2 will look amazing, particularly when utilizing UGC platforms which support Dolby Vision, allowing users to share exceptional visuals online.

    Snapdragon® 8+ Gen 1 and flagship performance packed in an ultra-slim body

    In addition to its revolutionary thin and light foldable screen design, Xiaomi MIX Fold 2 takes advantage of the latest Qualcomm Snapdragon® 8+ Gen 1 mobile platform for snappy performance. TSMC’s 4nm manufacturing process enables a significant increase in energy efficiency while integrating tens of billions of transistors, into an area the size of a fingernail. The advanced process allows both CPU and GPU to receive a 10% boost in performance, while simultaneously improving CPU and GPU energy consumption by 30%. This upgraded design allows the ultra-slim smartphone to maintain higher speeds and efficiency at the same time.

    Excellent power efficiency allows for a long lasting battery, with a full day of use being possible even when the inner screen is frequently used, with extended use when using primarily the outer display.

    Xiaomi MIX Fold 2 also packs a cooling system equipped with a large-area VC, rarely seen on foldable smartphones. The high-quality VC offers a surface area of up to 2,520mm², enabling 50% improvement in thermal conductivity compared to typical VCs. The inner layer of the battery is covered with second-generation boron nitride heat dissipation film, with an area of up to 3715mm². Finally, multi-layer high-density graphite sheet creates a solid foundation for Xiaomi MIX Fold 2’s excellent sustained performance.

    Xiaomi MIX Fold 2 comes in two colors: Black and Gold, with three storage variants.

    12GB+256GB – priced at RMB 8,999

    12GB+512GB – priced at RMB 9,999

    12GB+1TB – priced at RMB 11,699

  • Xiaomi further improves rank to 266 in Fortune Global 500 list

    Xiaomi further improves rank to 266 in Fortune Global 500 list

    Beijing, CHINA: Xiaomi Group has been ranked No. 266 on the 2022 Fortune Global 500 list announced on Wednesday.

    The company, which is the world’s third largest smartphone manufacturer, moved up the list for the fourth year in a row.

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    Xiaomi first appeared on the Fortune Global 500 list as No. 468 in 2019, just nine years after its founding. The fast-growing company has improved its ranking every year since – to 422 in 2020 and to 338 last year.

    According to Fortune Magazine, Xiaomi, which first entered the Fortune Global 500 List in 2019, has advanced more than 200 positions in four years, making it the fastest rising Chinese technology company.

    Xiaomi’s revenue and adjusted net profit hit new highs in 2021. Total revenue of Xiaomi Group in 2021 reached RMB 328.3 billion, a year-on-year increase of 33.5 per cent. Its adjusted net profit reached RMB 22 billion last year, a year-on-year increase of 69.5 per cent.

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    Xiaomi Group’s overseas-market revenue in 2021 increased by 33.7 per cent year-on-year, accounting for 49.8 per cent of its total revenue. In the first quarter of 2022, this proportion increased to 51.1 per cent.

    Thanks to its “Smartphone × AIoT” strategy, Xiaomi’s global smartphone shipments hit a record high in 2021. Its AIoT products also expanded rapidly, building a rich product ecosystem around smartphones.

    According to Canalys, Xiaomi ranked third in the global smartphone industry with a market share of 14.1 per cent in 2021. Its smartphone sales ranked first in 14 markets and was in the top five in 62 markets.

    READ MORE: Forbes China includes Xiaomi in best employers list

    As of December 31, 2021, more than 434 million smart devices were connected to its platform (excluding smartphones, tablets and laptops), a year-on-year increase of 33.6 per cent. The number of its global MIUI monthly active users reached 509 million, a year-on-year increase of 28.4 per cent.

    In 2021, the share of Xiaomi’s high-end smartphone shipments increased to about 13 per cent of its total smartphone shipments, nearly doubling from the previous year.

    Meanwhile, Xiaomi has continued to increase its investment in research. In 2021, Xiaomi’s R&D expenditure was RMB 13.2 billion, a year-on-year increase of 42.3 per cent. In the next five years, Xiaomi’s investment in research is expected to exceed RMB 100 billion. As of March 31, 2022, Xiaomi has been granted more than 26,000 patents; its global patent applications exceeded 53,000.

    READ MORE: Xiaomi joins hands with SELECT for phone production

    Going forward, Xiaomi is committed to building amazing products with honest prices so that everyone can enjoy a better life through innovative technology.

  • Forbes China includes Xiaomi in best employers list

    Forbes China includes Xiaomi in best employers list

    BEIJING: Xiaomi, a global technology leader and the third largest smartphone manufacturer has been named one of the top ten employers by Forbes China.

    READ MORE: Xiaomi joins hands with SELECT for phone production

    Xiaomi had 33,000 full-time employees worldwide at the end of last year. Other companies on the list include Schneider Electric, Hitachi Energy, Bank of China, etc.

    Forbes China made its selection after surveying 70,000 people over three months. The survey, which involved multiple topics, was conducted by Forbes China and Russell Consulting Company.

    READ MORE: Xiaomi plans assembly plant in Pakistan

    Xiaomi was listed as one of the “World’s Best Employers 2021” by Forbes. It was also ranked No. 4 on the list of “China’s Most Attractive Employers” for engineering students by Universum.

    Xiaomi prides itself on maintaining best practices for recruitment, employment, and employee benefits. According to the Company’s Environmental, Social, and Governance (ESG) Report last year, Xiaomi was free of unfair labor practices or gender discrimination.

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    “Xiaomi is pleased and honored to be recognized for our employment practices,” said Wang Xiang, Partner and President of Xiaomi Group. “We recruit talent from around the world and give our employees the best opportunity we can to unleash their creativity to make products that improve the world. Xiaomi is committed to operating at the highest standards and protecting the rights of our employees.”

  • Xiaomi joins hands with SELECT for phone production

    Xiaomi joins hands with SELECT for phone production

    KARACHI: Xiaomi, a global consumer electronics and smartphone giant, has decided to manufacture mobile phones in Pakistan. In this connection, Xiaomi has joined hands with Select Technologies (Pvt) Limited (SELECT), a wholly-owned subsidiary of Air Link Communication Limited (AIRLINK), as its manufacturing partner for Xiaomi mobile phones in Pakistan.

    “We are targeting a production of initially around 2.5 – 3 million handsets annually subject to smooth supply chain which is expected to add approximately $450 million annually in top line revenue numbers and will have a material incremental impact on the EPS [earnings per share] of the company other than the normal course of business,” said a statement issued by Air Link Communication Limited on Monday.

    According to the company, the production facility will be located adjacent to the AIRLINK’s existing state of the art mobile manufacturing facility at Quaid-e-Azam Industrial Estate, Kot Lakhpat, Lahore.

    The production facility will facility is anticipated to be operational within the month of January 2022.

    “… SELECT will be the manufacturing partner whereas AIRLINK will continue to be one of the largest distributors of Xiaomi phones in Pakistan,” the company added.

    Courtesy the manufacturing of Xiaomi phones by SELECT, AIRLINK expects to substantially increase its distribution and retail business of Xiaomi phones in Pakistan.

  • Xiaomi plans assembly plant in Pakistan

    Xiaomi plans assembly plant in Pakistan

    Xiaomi has planned assembly plant in Pakistan within the next three to four months. This strategic move not only signifies a significant milestone for the tech giant but also carries promising prospects for the Pakistani market.

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