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On November 18, Xiaomi Group (01810.HK) revealed that for the third quarter of 2025, its overall revenue soared to RMB 113.1 billion, marking a substantial 22.3% year-on-year surge. Breaking it down by business segment, the revenue generated from the 'Smartphone × AIoT' sector in this quarter amounted to RMB 84.1 billion, experiencing a modest 1.6% year-on-year uptick. In contrast, the 'Smart Electric Vehicles and AI-Driven Innovative Businesses' segment witnessed remarkable growth, with revenue reaching RMB 29 billion—a record high and a staggering 199.2% increase compared to the same period last year. Moreover, the group's adjusted net profit for the quarter also soared to a new peak of RMB 11.3 billion, representing an impressive 80.9% year-on-year rise.
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