At the 2026 World Intelligent Connected Vehicles Conference, Lei Jun, the visionary leader of Xiaomi, announced that the company has successfully established the world’s largest consumer IoT (Internet of Things) platform. By the end of the second quarter, this platform had connected over 1.1 billion IoT devices worldwide, marking a significant milestone in the tech industry. In recent years, Xiaomi has demonstrated a strong commitment to innovation by continuously ramping up its R&D investments in foundational technologies. These include cutting-edge areas such as chip development, operating systems, and AI embodied intelligence, which are crucial for driving future growth.

Over the past five years, Xiaomi’s cumulative R&D investment in these core technologies has reached an impressive 105.5 billion yuan. Looking ahead, the company is poised to accelerate its efforts, with related investments projected to surpass 200 billion yuan over the next five years. This ambitious plan underscores Xiaomi’s dedication to staying at the forefront of technological advancement and solidifying its position as a global leader in the tech sector.