Xiaomi
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Lu Weibing: Xiaomi Won’t Engage in Home Appliance Price Wars; Unconcerned with Short-Term Rankings
Xiaomi’s Q2 2025 earnings report reveals a 66.2% year-over-year revenue increase in its smart home appliance segment, with air conditioner shipments exceeding 5.4 million units. Despite intense price competition, Xiaomi President Lu Weibing emphasized the company’s commitment to core technologies over short-term rankings. He expressed confidence in Xiaomi’s major appliance business and predicted its air conditioners will be among China’s top two by 2030. Xiaomi aims to elevate its air conditioner ranking to third this year.
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Lei Jun’s Pre-EV Decision Call: A Two-Hour Conversation with Li Xiang on Tesla, BYD, and Huawei
Ahead of Xiaomi’s EV entry, Lei Jun consulted Li Auto CEO Li Xiang for advice, revealed on a Chinese business show. Their two-hour phone call covered Tesla, BYD, and Huawei, with Li Xiang urging Lei Jun to be fully involved. Li Xiang also mentioned frequent gatherings with other EV leaders like Nio’s William Li and Xpeng’s He Xiaopeng, emphasizing “mutual candor” and open communication within China’s competitive EV market, including sharing beneficial, albeit sometimes uncomfortable, advice.
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Gree Executive Disputes Xiaomi’s Online Air Conditioner Sales Lead, Cites Data Discrepancies
Gree Electric’s Marketing Director, Zhu Lei, has addressed claims by Xiaomi that they have surpassed Gree in online air conditioner sales in China. Zhu stated that publicly available data from AVC doesn’t support Xiaomi’s claims and that Gree maintained its online market leadership in July. While acknowledging competition, Gree maintains its focus on quality and service to earn customer trust, despite Xiaomi’s ambition to dominate the home appliance market. Xiaomi’s data suggests they are now second in online market share, challenging Gree’s long-held leadership.
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Lei Jun Reminisces About Xiaomi’s First Phone, Netizens Share Nostalgic Memories
Xiaomi CEO Lei Jun’s recent tweet asking about the first generation Xiaomi phone sparked a wave of nostalgia and reminiscence among users. The post, featuring the original device with its removable battery, triggered a digital forum of memories and testimonials. Users shared experiences highlighting the phone’s initial appeal, perceived superior functionality, and the brand loyalty it fostered across different user segments in China. The event underscores the lasting impact of Xiaomi’s early products and the power of social media in maintaining customer loyalty.
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Chongqing Girl Goes Viral for Looking Like Xiaomi’s Lei Jun, Claims No Prior Knowledge of Him
A Chinese student, identified as Zeng, has gone viral on Chinese social media for her striking resemblance to Xiaomi CEO Lei Jun. The unexpected fame began after a commenter pointed out the similarity, prompting Zeng to create a video that quickly spread. Zeng stated she was unfamiliar with Lei Jun before this incident. While her daily life remains largely unaffected, her parents are reportedly thrilled with her newfound internet attention.
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Xiaomi Launches Charity Drive: 100,000 Free Tea Sets at Mi Homes
Xiaomi is giving away 100,000 free tea offerings at its Xiaomi Home stores in China starting August 16th. The “Happiness Tea Gift” supports poverty alleviation in Guizhou’s Mazhai Village, sourcing tea from local gardens. Xiaomi has also aided the village with appliances, installation services, and mobile phone support. The company supports 24.7 acres of tea gardens, with the harvest comprising the tea gifts distributed nationwide to over 2,000 stores, available while supplies last.
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Xiaomi, NIO Deny Report of Transferring Billions Overseas Via Wells Fargo
Online rumors allege Wells Fargo, via a cross-border factoring program led by “Mao XX,” funneled billions overseas to Chinese firms like Xiaomi and Nio. Both Xiaomi and Nio have vehemently denied any involvement with Wells Fargo or “Mao XX,” stating they’ve never cooperated or had contact. They are pursuing legal action against those spreading the false claims. These unverified accusations have generated online debate regarding misinformation and accountability.
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540 Million Chinese Regularly Exercise; Xiaomi CEO Lei Jun 77% of the Way to Fitness Goal
China is experiencing a fitness boom, with 540 million people (38.5%) exercising regularly. By the end of 2024, the country had 4.84 million sports venues, providing 3.0 square meters of sports facilities per capita. The national physical fitness qualification rate reached 84.8%, a significant increase since 2000. Xiaomi CEO Lei Jun’s fitness journey, aiming for 100 workout sessions in 2025, inspires many and mirrors China’s increasing focus on health and wellness, presenting opportunities for related businesses.
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First in China: Upgraded Xiaomi Home Store Opens with Discount on Phone Repairs
Xiaomi has launched its first upgraded Xiaomi Home service store in Beijing, focusing on enhancing the customer experience. To celebrate, from August 3rd to 31st, the store offers promotional deals on purchases, repairs, and warranties. Customers can receive discounts on repairs and extended warranties. This initiative is part of Xiaomi’s omnichannel strategy, combining online sales with an expanding physical retail presence to increase customer engagement and reduce distribution costs, aiming to make Xiaomi Home a hub for tech enthusiasts.
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Li Xiang Responds to “Entrapment” Meme: Locking Lei Jun in Car for 10 Minutes
A viral moment at the 2024 Beijing Auto Show involving Li Auto’s CEO Li Xiang and Xiaomi’s CEO Lei Jun sparked online buzz. Li Xiang closed the door on Lei Jun while showcasing the Li Auto L6, leading to humorous speculation about Li “locking” him in. Xiaomi’s Xu Jieyun clarified that Lei Jun was examining the armrest design. Li Xiang explained he closed the door to allow Lei Jun to better experience the car’s interior.