Understanding the Market | Xiaomi Corporation-W rose nearly 4%, multiple new products will be launched this week, and the self-developed SoC Xuanjie is about to be implemented
XIAOMI-W rose nearly 4%, as of the time of writing, up 3.92%, reported at HKD 54.4, with a transaction volume of HKD 4.144 billion
According to Zhitong Finance APP, Xiaomi Corporation-W (01810) rose nearly 4%, with a current increase of 3.92%, priced at HKD 54.4, and a transaction volume of HKD 4.144 billion.
In terms of news, on May 19, Lei Jun announced on Weibo that the Xiaomi strategic new product launch conference is scheduled for 7 PM on May 22, stating that there will be many significant new products: the smartphone SoC chip Xiaomi Xuanjie O1, Xiaomi 15S Pro, Xiaomi Tablet 7 Ultra, and Xiaomi's first SUV, Xiaomi YU7, among others. Additionally, Lei Jun mentioned that the Xiaomi Xuanjie O1 uses a second-generation 3nm process technology, aiming to rank among the top-tier flagship experiences. He stated that in 2021, Xiaomi decided to restart its SoC large chip business alongside the car manufacturing project. The Xuanjie project was thus established, with a long-term R&D plan of "500 billion in ten years." Furthermore, Lei Jun announced this morning that the Xiaomi Xuanjie O1 has begun large-scale mass production. Two flagship models equipped with the Xiaomi Xuanjie O1 will be launched simultaneously.
Tianfeng Securities pointed out that after Xiaomi releases its self-developed chips, the competitive landscape for high-end domestic smartphones may begin to change rapidly, and the market share increase of leading smartphone manufacturers with self-developed underlying hardware capabilities may be one of the core logics for Xiaomi's valuation increase. Additionally, the attention, user experience, and technological image brought by self-developed chips are even more important. Currently, Xiaomi's years of self-research and investment in smartphones, OS, and chips are gradually beginning to pay off, and the synergy effects of smartphones, OS, and chips are being promoted under the continuous development of the automotive business, for example, self-developed chips may be used in products beyond smartphones, and the optimization scale effects of the system may be reflected across platforms
