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Xiaomi to Hold New Product Launch This Thu, Introducing Xiaomi YU7 & Self-Developed 'XRING O1'
XIAOMI-W (01810.HK) Chairman and CEO Lei Jun announced that a strategic new product launch will be held this Thursday (22nd) at 7 PM, featuring the self-developed smartphone SoC ch...
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Xiaomi to Hold New Product Launch This Thu, Introducing Xiaomi YU7 & Self-Developed 'XRING O1'
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XIAOMI-W (01810.HK)  +2.100 (+4.011%)    Short selling $706.67M; Ratio 9.641%   Chairman and CEO Lei Jun announced that a strategic new product launch will be held this Thursday (22nd) at 7 PM, featuring the self-developed smartphone SoC chip "Xiaomi XRING O1" using the second-generation 3nm process, Xiaomi 15SPro, Xiaomi Pad 7 Ultra, and the Xiaomi YU7.

Lei also mentioned that 2025 marks the 15th anniversary of Xiaomi's founding. The group began chip development as early as 2014 but paused the development of large SoC chips due to setbacks, shifting focus to "small chips". In early 2021, they announced the start of their car making business and simultaneously resumed the development of "big chips", the smartphone SoC chips.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-20 12:25.)

Related NewsG Sachs: XIAOMI-W to Embrace Multiple Catalysts Incl. New Product Launches & Quarterly Results; Rated Buy

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