logo
Will Xiaomi's Mix Flip 2 finally come to India? Here's what to expect from Galaxy Z Flip 7 rival

Will Xiaomi's Mix Flip 2 finally come to India? Here's what to expect from Galaxy Z Flip 7 rival

Mint18-06-2025
If you're curious about what's next in the world of foldable phones, Xiaomi's Mix Flip 2 is shaping up to be one of the most talked-about launches this summer. The buzz started on Weibo, where Xiaomi President Lu Weibing reached out to users of the original Mix Flip, asking what they liked and what could be improved. That move has all but confirmed that the Mix Flip 2 is on the horizon, with a China launch expected by the end of June, possibly alongside the Redmi K80 Ultra and a new Redmi gaming tablet.
The Mix Flip 2 isn't just a minor refresh. It's rumoured to come with a large 6.85-inch LTPO OLED display, 1.5K resolution, and a 120Hz refresh rate, promising a crisp and fluid experience. Under the surface, you'll likely find Qualcomm's Snapdragon 8 Elite chip, so performance shouldn't be an issue.
Xiaomi is also aiming to make this model even slimmer and lighter than before, improving on the first generation's already impressive 7.6mm thickness and 192-gram weight.
Battery life looks set for an upgrade too, with a 5,100mAh cell and support for 67W wired and 50W wireless charging, a step up from the previous 4,780mAh.
The camera setup is expected to feature dual 50MP sensors for both main and ultra-wide shots. Features like a side-mounted fingerprint scanner, IPX8 water resistance, NFC, and an IR blaster are likely to return, keeping the Mix Flip 2 in line with Xiaomi's flagship standards.
Competition is heating up, as Samsung's Galaxy Z Flip 7 is also tipped to launch in July. Samsung is expected to stick to a similar design but may offer a slightly larger 6.85-inch main display and a 4-inch cover screen, powered by the Exynos 2500 chip. The focus this year seems to be on a less visible crease and improved battery life, though the camera hardware is likely to remain unchanged.
If the leaks are accurate, the Mix Flip 2 could be Xiaomi's only foldable for 2025 and a serious rival to Samsung's offering, at least in markets where both are available. The first Mix Flip was launched only in China and never made its way to India, so we will be watching closely to see if this year brings a change. For now, the stage is set for a close contest between two of the biggest names in foldables.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Xiaomi plans Europe foray in 2027 after EV sales gain pace
Xiaomi plans Europe foray in 2027 after EV sales gain pace

Hindustan Times

timean hour ago

  • Hindustan Times

Xiaomi plans Europe foray in 2027 after EV sales gain pace

Xiaomi Corp. intends to sell its first electric vehicle in Europe by 2027, declaring plans to take on Tesla Inc. and BYD Co. globally after gaining traction with its year-old Chinese EV business. President Lu Weibing shed more light on the company's expansion plans after reporting a 31% rise in quarterly revenue, riding the successful launch of its second EV over the summer. That helped counter slowing demand for smartphones. Xiaomi has previously described ambitions to go global, though it's never specified a target market. While Europe is a common destination for Chinese EV makers seeking to tap a more lucrative arena, considering they can often sell their cars with higher margins there, they do face punitive tariffs. Also read Looking for a smartphone? To check mobile finder click here. Were Xiaomi to export its EVs to Europe, it would likely be subject to tariffs of up to 48%, including a base 10% import duty and additional countervailing levies of around 35% to 38%. Those measures were imposed by the European Union in response to what it deems unfair state subsidies provided to Chinese EV makers, which the bloc argues distorts market competition and threatens local manufacturers. Chinese EV makers also face tariffs of 100% if they want to sell their cars in the US. That's effectively shut them entirely out of the market. Regardless, strong demand for the YU7 sport utility vehicle, which co-founder Lei Jun released at the end of June, is propelling Xiaomi's $10 billion gamble on the increasingly crowded EV arena. The company aims to become one of the world's top five carmakers within 15 to 20 years, despite a production crunch that's testing its ability to scale up. Wait times for the SUV have stretched to more than a year. 'The business model we have developed in China can also apply in overseas market when we get into Europe,' Lu told analysts on a call. 'We're doing the research and preparation. So far we have not got the specific product plan yet.' Revenue climbed to 116 billion yuan ($16.2 billion) in the June quarter, just edging past average analyst estimates. The tech giant delivered 81,302 cars, taking the total to more than 157,000 in the first half — on track to surpass 2024's haul. But smartphones — its original and largest business — slid 2.1% and missed the average projection by about 5%. While Xiaomi doesn't expect smartphones to see much growth this year, the company's goal is to increase its market share in China by 1% every year, Lu told reporters on a post-earnings call Tuesday. It expects growth of about 5 to 6 percentage points in shipments this year to 175 million devices, executives said. Losses from the EV division narrowed to about 300 million yuan during the period. Lei said at an investor meeting in June that the automaking venture is expected to turn profitable in the second half of this year. Xiaomi has gained some $120 billion of market value over the past year, galvanized by its drive into EVs that's gained momentum against much larger and more experienced rivals. The company seems to have shaken off a fatal accident involving one of its SU7 sedans in March, which had its Autopilot turned on. The crash prompted regulators to rein in the deployment of advanced driver assistance technology nationwide. The Chinese government also intervened in June to try to stop a long-running price war that has squeezed margins all along the auto supply chain. Xiaomi has avoided getting embroiled in the discounting thanks in large part to demand for its vehicles remaining very high. Xiaomi's overall net income roughly doubled to 11.9 billion yuan, helped by fair value gains on financial instruments. Still, the stock is now trading at more expensive valuations than BYD as well as global smartphone rival Samsung Electronics Co. What Bloomberg Intelligence Says Xiaomi's robust 3.2 percentage point EV gross margin sequential growth in 2Q reflects improving economies of scale and a favorable product-mix shift, helping together with solid internet-of-things growth to offset smartphone headwinds. The ramp-up of Xiaomi's second EV factory and a rising sales mix of the YU7 SUV could boost margin, supporting breakeven in the EV segment by end-2025 and potentially driving a 2025-26 profit beat. Xiaomi is grappling with a slowdown in its core business and sluggish consumer spending. Along with rivals Apple Inc. and Huawei Technologies Co., it's been offering steep discounts over the big June shopping festival in an attempt to lure shoppers, pressuring margins. AI and chip design is another arena where Xiaomi is ramping up resources. The Beijing-based firm unveiled a 3-nanometer chip called the Xring O1 chip, designed to power devices including the Tablet 7 Ultra. Lei said the company would invest $7 billion this decade into semiconductors.

Xiaomi's second-quarter revenue up 30.5%, boosted by smartphone shipment
Xiaomi's second-quarter revenue up 30.5%, boosted by smartphone shipment

The Hindu

time2 hours ago

  • The Hindu

Xiaomi's second-quarter revenue up 30.5%, boosted by smartphone shipment

A rise in shipments of smartphones, especially in Southeast Asia, helped to boost Xiaomi's second-quarter revenue by 30.5%, the smartphone and EV company said on Tuesday, against the backdrop of a sluggish global market. Xiaomi President Lu Weibing, however, slightly lowered the company's target on smartphone shipments to 175 million from a goal of 180 million set in the first quarter. "We expect the overall smartphone market to see little to no growth this year," Lu told a conference call with reporters. "If there is any increase, it might be around 0.1% to 0.2%. That's somewhat different from the growth we had anticipated at the beginning of the year,' he said. Revenue for the quarter ended June 30 was 116 billion yuan ($16.16 billion), beating the 114.7 billion yuan average of 15 analyst estimates compiled by LSEG. Adjusted net profit rose 75.4% year-on-year to 10.8 billion yuan, exceeding the average estimate of 10.1 billion yuan, according to LSEG data. The world's third-largest smartphone maker became the bestselling smartphone brand in Southeast Asia in the second quarter and took second place by shipments in Europe, it said. Globally, it was ranked third, with a market share of 14.7%, the company said, citing data from researcher Canalys. Xiaomi's second-quarter global smartphone shipments rose 0.6% from a year earlier to 42.4 million handsets. However, its smartphone revenue decreased 2.1% to 45.5 billion yuan due to a lower average selling price. Its loss-making EV business generated 20.6 billion yuan in revenue during the second quarter, up from 18.1 billion during the first quarter. It delivered 81,302 EVs in the June quarter, compared with deliveries of 75,869 SU7 cars in January-March. Its second EV model YU7 was launched in late June, with the deliveries only beginning last month, meaning it has yet to be reflected in results. Together with AI and other new initiatives, EVs delivered a total net loss of 0.3 billion yuan in the June quarter, narrowing from a loss of 0.5 billion in the first quarter. Lu said that Xiaomi is confident it will achieve monthly or quarterly profit in its EV business in the second half, but cumulative losses remain significant after a more than 30 billion yuan investment in research and development. Xiaomi has sold a total of 300,000 EVs as of July since launching its EV business in March 2024. Lu also said Xiaomi is developing the next iteration of its self-developed mobile chip XRINGO1. Hong Kong-listed shares in Xiaomi, which also makes home appliances, closed down 1.2% at 52.4 Hong Kong dollars. The stock has risen 52% so far this year.

Xiaomi's second-quarter revenue up 30.5%, boosted by smartphones
Xiaomi's second-quarter revenue up 30.5%, boosted by smartphones

Time of India

time2 hours ago

  • Time of India

Xiaomi's second-quarter revenue up 30.5%, boosted by smartphones

A rise in shipments of smartphones, especially in Southeast Asia, helped to boost Xiaomi 's second-quarter revenue by 30.5%, the smartphone and EV company said on Tuesday, against the backdrop of a sluggish global market. Xiaomi President Lu Weibing, however, slightly lowered the company's target on smartphone shipments to 175 million from a goal of 180 million set in the first quarter. "We expect the overall smartphone market to see little to no growth this year," Lu told a conference call with reporters. "If there is any increase, it might be around 0.1% to 0.2%. That's somewhat different from the growth we had anticipated at the beginning of the year," he said. Revenue for the quarter ended June 30 was 116 billion yuan ($16.16 billion), beating the 114.7 billion yuan average of 15 analyst estimates compiled by LSEG. Adjusted net profit rose 75.4% year-on-year to 10.8 billion yuan, exceeding the average estimate of 10.1 billion yuan, according to LSEG data. The world's third-largest smartphone maker became the bestselling smartphone brand in Southeast Asia in the second quarter and took second place by shipments in Europe, it said. Globally, it was ranked third, with a market share of 14.7%, the company said, citing data from researcher Canalys. Xiaomi's second-quarter global smartphone shipments rose 0.6% from a year earlier to 42.4 million handsets. However, its smartphone revenue decreased 2.1% to 45.5 billion yuan due to a lower average selling price. Its loss-making EV business generated 20.6 billion yuan in revenue during the second quarter, up from 18.1 billion during the first quarter. It delivered 81,302 EVs in the June quarter, compared with deliveries of 75,869 SU7 cars in January-March. Its second EV model YU7 was launched in late June, with the deliveries only beginning last month, meaning it has yet to be reflected in results. Together with AI and other new initiatives, EVs delivered a total net loss of 0.3 billion yuan in the June quarter, narrowing from a loss of 0.5 billion in the first quarter. Lu said that Xiaomi is confident it will achieve monthly or quarterly profit in its EV business in the second half, but cumulative losses remain significant after a more than 30 billion yuan investment in research and development. Xiaomi has sold a total of 300,000 EVs as of July since launching its EV business in March 2024. Lu also said Xiaomi is developing the next iteration of its self-developed mobile chip XRINGO1. Hong Kong-listed shares in Xiaomi, which also makes home appliances, closed down 1.2% at 52.4 Hong Kong dollars. The stock has risen 52% so far this year.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store