Lei Jun's car manufacturing has not yet landed.
Partial victory.
Net profit soared by 8 times! Will Semiconductor achieved a revenue of 12.09 billion yuan in the first half of the year, a year-on-year increase of 36.5%. | Financial Report News
Will Semiconductor's net income attributable to shareholders of the parent company in the first half of the year was 1.367 billion yuan, an increase of 792.79% year-on-year. The net profit after deducting non-recurring gains and losses soared by 1837.73% year-on-year.
Changhong Meiling's net income and profit both increased, benefiting from the business of manufacturing air conditioners for Xiaomi. Interpretations of financial reports.
Changhong Meiling air conditioner revenue increased by 20%. Industry analysts told reporters that as the main OEM of Xiaomi air conditioners, Changhong Meiling benefited. Analysts personally determine that the recent establishment of Xiaomi Smart Appliance (Wuhan) Co., Ltd. may not have a significant impact on Changhong Meiling.
What are the advantages of China's electric cars in terms of cost? This Wall Street investment bank has done the math.
Barclays pointed out that factors such as battery, supply chain, and economies of scale provide Chinese automakers with up to 40% cost advantage, with BYD Qin Plus gross margin reaching 18%. Benefiting from China's cost advantage, the gross margin of the domestic Tesla Model Y is as high as 24%, about twice that of the overseas version.
For the first time in four years, apple has dropped out of the top five in China!
In the second quarter, domestic brands accounted for the top five sales of smart phones in China, with Xiaomi replacing Apple as the fifth in sales. Apple's market share in China is 14%, a 2 percentage point decrease from the same period last year.
Xiaomi's Autos Phase 2 factory is here.
Land acquisition completed.
Track Hyper | Can Xiaomi MIX Fold 4 compete with its lightweight and imaging capabilities?
Xiaomi joins the "light and thin" foldable phone market. Which of Honor, Vivo, and Xiaomi will dominate the market?
Lei Jun is going to challenge the ten-million-level racing.
The Long March has just begun.
"Beautiful Little Waste" attracts Lei Jun to enter the game.
Author: Huang Yu / Editor: Zhou Zhiyu. "Beautiful little waste?" On July 12th, Xiaomi founder Lei Jun's statement on Weibo sparked speculation and discussion. As the most savvy marketer, this entrepreneur undoubtedly created buzz for Xiaomi's upcoming first small folding phone (also known as the "vertical folding phone") and implied that Xiaomi wants to change the stereotype left by previous small folding phones. Xiaomi values its upcoming first small folding phone. Recently, Xiaomi's product manager Wei Siqi revealed to the public that the release conference of Xiaomi MIX Fold 4 (large folding) and Xiaomi MIX Flip (small folding) will be held.
Xiaomi's targeted smart driving enterprise, Bote Vehicle Networking, is going public in Hong Kong | SeeSmart Research.
On June 28th, Bo-tai Vehicle Networking Technology (Shanghai) Co., Ltd. officially submitted its prospectus to the Hong Kong Stock Exchange.
Xiaomi executives caught in the wave of shareholding reduction.
Fulfill the commitment.
Barclays Initiates on Xiaomi With Overweight, Sees Attractive Valuation and Potential From GenAI
Lei Jun and Yu Chengdong rarely share the same frame
Author: Yu Yan Editor: Zhou Zhiyu No one is envious of Lei Jun's traffic. On June 1, at the Guangdong-Hong Kong-Macao Greater Bay Area Auto Show and 2024 (2nd) Future Car Pioneers Conference, Xiaomi Chairman Lei Jun, Yu Chengdong, Chairman of Huawei Smart Car Solution BU, and Li Bin, Chairman of NIO Auto, were all present. BYD also covered the entire exhibition hall and displayed its industrial layout in a systematic manner. It is worth mentioning that this was a rare public appearance for Lei Jun and Yu Chengdong after dinner at the 2017 World Internet Conference. Even at the Beijing Auto Show not long ago, these two bosses didn't make it public
May tram delivery report card: NIO and Extreme Krypton hit new highs, and Xiaopeng returned to the era of 10,000 cars! Xiaomi SU7 delivered more than 8,600 vehicles
The ideal is to rank first in “Wei Xiaoli” with delivery data of over 35,000 units. Nacha Auto was left behind, and deliveries in May fell by more than 20% year on year.
How much is the gross margin of a car? How to achieve a significant increase in overseas revenue? What progress has been made in AI? Learn about the Xiaomi conference call in one article
Xiaomi said that the gross margin of electric vehicles is about 5% to 10%, and it is expected that the revenue and gross profit of the automobile business will be announced separately in the second quarter.
Tram delivery “Super Smash” in April: NIO is booming, Xiaopeng is left behind, and the Xiaomi SU7 delivered over 7,000 vehicles in the first month
On the first day of the May 1st holiday, domestic electric vehicle companies' delivery reports were released one after another!
SU 7 is OK! Lei Jun “convinced” Wall Street
Citi raised the target price of Xiaomi from HK$19.6 to HK$21.9 and maintained a “buy” rating, increasing the adjusted EPS in 2024 by 25%. J.P. Morgan also continued to maintain Xiaomi's “overrated” rating and set the target price at HK$21.0.
Apple's smartphone sales in China fell 19% for the January-March fiscal year = survey
It became clear in a survey published by the research company Counterpoint on the 23rd that Apple's smartphone sales in China fell sharply in the January-March fiscal year. The popularity of local rival models and the fact that Huawei Technology (Huawei) has resumed production of higher-level models resonated.
Lei Jun: Answering Investors' Questions
Article Source: WeChat Official Account - Lei Jun Today, the Xiaomi Group held an investor conference. I shared with investors and friends the latest development of the Xiaomi SU7: As of April 20, the number of Xiaomi SU7 locks has exceeded 70,000 units, and we are making every effort to expand production capacity, and we are aiming to deliver 100,000 units this year. At the meeting, investors also raised quite a few questions, and I shared my answers with you. 1. What is the next plan for the “Entire Ecology of People, Cars, and Homes” strategy? Relatively speaking, the Xiaomi product line is relatively long and complete. Three years ago, when we were making a car, we did an accurate analysis. We agree
Sales are sluggish, Apple has lost the number one position in mobile phone shipments, Samsung has reached the top, and Xiaomi has grown rapidly to rank third!
In the first quarter, Apple's iPhone global shipments plummeted nearly 10% year on year, and its market share fell to less than 20%; Samsung's market share rebounded to more than 20%; Xiaomi's shipments soared 34%, reaching 14% of the market share; and the shipment volume of Transom Holdings surged 85% to 28.5 million units.