China's Xiaomi to invest almost $28 billion in core technology R&D over next five years
Synopsis
Xiaomi plans to invest 200 billion yuan ($27.8 billion) in core tech R&D over five years, CEO Lei Jun announced in Beijing. The move coincides with the launch of Xiaomi's first electric SUV and its advanced mobile chip, Xring O1, marking a major push into automotive and chip technology.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India Today
an hour ago
- India Today
Xiaomi 16 specs leaked, performance and camera seem to be in focus
It's crazy that we're even talking about the Xiaomi 16 series this early, but that's just how things move in the internet age. Following the recently leaked render of the Xiaomi 16, fresh details have now emerged regarding the phone's specs and features. If you're unaware, we're talking about a phone expected to succeed the Xiaomi 15 — a device that only launched in India a couple of months ago. Even if we consider the Xiaomi 15's original China launch, which happened in October last year, and assume Xiaomi sticks to a similar timeline for the 16 series this year — we're still discussing details of a phone that's at least five months away from becoming to Digital Chat Station on Weibo, the Xiaomi 16 will likely be powered by the Snapdragon 8 Elite 2 chip — the spiritual successor to the current-gen 8 Elite processor. This isn't surprising, considering the Xiaomi 15 runs on the 8 Elite, so it's only logical the next model will move to the next-gen version. Qualcomm is expected to unveil the Snapdragon 8 Elite 2 at the company's Snapdragon Summit, which is scheduled to take place between September 23 and 25. That said, Xiaomi has also recently introduced its own in-house chip — the Xring 01 — which currently powers the 15s Pro and Pad 7 Ultra. So, the possibility of the Xiaomi 16 using company's own chip can't be ruled out either. Again, this is purely speculative, and realistically, the Xiaomi 16 will most likely continue with the Snapdragon 8 Elite 2 interesting detail is the rumoured battery capacity. Reports suggest that the Xiaomi 16 could pack a battery of over 6,500mAh. Early leaks even hint at the possibility of a 7,000mAh unit under the hood. Following the trend in the industry, this will probably be a silicon carbon battery — something we've started seeing more brands adopt for better energy density and efficiency. In the camera department, the Xiaomi 16 is expected to feature a triple rear camera setup. This includes a 50-megapixel primary sensor (reportedly 1/1.3-inch in size), a 50-megapixel ultra-wide lens, and a 50-megapixel telephoto camera with macro functionality. The display is also said to be similar to the one on the Xiaomi 15 — a 6.32-inch panel, likely AMOLED with 12-bit colour support and an adaptive 1–120Hz refresh mentioned earlier, if Xiaomi sticks to its usual launch cycle, we can expect the Xiaomi 16, 16 Pro, and 16 Ultra to debut in China sometime in October. As for the Indian launch, it's safe to assume we'll see the Xiaomi 16 series arrive around March 2026. For context, the Xiaomi 15 was launched in India this past March and is currently available in a single 12GB RAM + 512GB storage variant, priced at Rs 64,999.
Hindustan Times
3 hours ago
- Hindustan Times
Xiaomi 16 Snapdragon 8 Elite 2 SoC and key features tipped online ahead of launch
Xiaomi is preparing to launch its new flagship smartphone, the Xiaomi 16, later this year. The device is expected to feature the latest Snapdragon 8 Elite 2 chipset, which will make it one of the first phones to use Qualcomm's upcoming high-performance processor. However, ahead of the official announcement, leaks and rumours have revealed key features of the upcoming smartphone. Let's take a look at what the handset will offer. The Xiaomi 16 is expected to feature a 6.32- or 6.36-inch LTPO OLED display, with a 120Hz refresh rate and a 1.5K resolution support. The device is rumoured to operate on Android 16, customised with HyperOS 3.0, which incorporates AI-driven functions to improve overall usability. Also read: Microsoft launches Xbox Copilot beta on Android app to assist gamers with real-time support Under the hood, the Xiaomi 16 is expected to be powered by the Snapdragon 8 Elite 2 platform. This chipset promises to enhance CPU performance by up to 25 percent and improve GPU output by around 30 percent compared to the previous Snapdragon 8 Elite version. On the other hand, it is expected to house a large 6,800 mAh battery, compatible with 100W wired fast charging and wireless fast charging technologies. Also read: Realme Neo 7 Turbo key features tipped online ahead of May 29 launch: Here's what to expect For photography, the Xiaomi 16 is likely to include three 50MP sensors: a main camera, an ultrawide lens, and a telephoto-periscope module. The camera setup is expected to include three 50MP sensors: a main camera, an ultrawide lens, and a telephoto-periscope module. The imaging system is said to be developed in partnership with Leica, aiming for improved photography capabilities. The device will also feature an IP69 certification for dust and water resistance and a metal frame construction. Also read: Google to let users test Android 16 desktop mode on phones with external display support, here's how Qualcomm plans to officially announce the Snapdragon 8 Elite 2 chipset by the end of September. Following this, Xiaomi might introduce the Xiaomi 16 either before the month closes or in early October 2025. Meanwhile, unofficial renders have appeared online, showing the phone's design, though these visuals should be viewed cautiously until confirmed by the company.
Time of India
9 hours ago
- Time of India
Xiaomi's Tesla Y rival YU7 hits showrooms in Beijing
Xiaomi rolled out its new sports utility vehicle in Beijing on Thursday, as the firm best known for smartphones and consumer electronics gears up to further challenge Tesla in the world's largest auto market. Xiaomi launched the YU7 at 13 of its Beijing showrooms and will start taking orders for the vehicle in July. It is keen to repeat the success of the sporty SU7 sedan, which launched last year and has outsold Tesla's Model 3 on a monthly basis since December. Analysts have said the YU7 could pose a major threat to Tesla's best-selling Model Y but its launch comes at a time when Xiaomi, a relative newcomer to China's highly-competitive EV market, has seen new EV orders fall after a series of controversies. Chinese authorities have been investigating a fatal highway crash at the end of March involving an SU7 in driving-assistance mode and Xiaomi has apologised for "not clear enough" marketing after customer complaints of false advertising. Liu Jiaxing, a 34-year-old tech worker, was among the first visitors to Xiaomi's flagship showroom in Beijing Oriental Plaza on Thursday morning, eager to catch a glimpse of the emerald green YU7. Liu said he was fond of the styling and colour as well as the fact that Xiaomi vehicles connect with the firm's personal gadgets and smart home products, which he felt pointed to how local brands understood Chinese consumers better than their foreign counterparts. "I used to be more prone to U.S., German and French car marques, but the fast progress of China's EV sector prompts me to focus more on the products rather than brands," he said. Another visitor was Tom van Dillen, managing partner at German management consultancy Greenkern in Beijing, who said he was not a fan of some of the YU7's intelligent features, which he described as "unnecessary", but said the YU7 was a formidable challenger to the Model Y. He cited a "physical ecosystem advantage in the showroom where there is a dedicated area with accessories that only fit into Xiaomi cars" and their competitive price. Xiaomi has said that it will only announce the YU7's pricing in July. HSBC Qianhai estimated in a note last week that the new SUV will be priced between 230,000 yuan and 330,000 yuan ($31,989-$45,898) and that Xiaomi could ship 100,000 YU7 units this year and 249,000 units in 2026. The Model Y is priced from 263,500 yuan in China.
