Company intelligence

Xiaomi

Consumer electronicsBeijing, ChinaFounded 2010Founders: Lei Jun, Lin BinWebsite ↗See connections →

Xiaomi at a glance

Founded
2010[1]
Headquarters
Beijing, China[2]
  1. [1] Founded: Wikipedia (retrieved September 27, 2026)
  2. [2] Headquarters: Wikipedia (retrieved September 27, 2026)

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Investors

Qiming Venture Partners

Latest Pulse

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  3. Xiaomi Profit Falls 43% as Memory Chip Costs BiteXiaomi's adjusted net income fell 43% to 6.22 billion yuan in its third consecutive quarterly profit decline, as a persistent global memory-chip shortage -- driven substantially by AI data center demand for the same DRAM and NAND -- raised smartphone component costs faster than Xiaomi could pass them on.→
  4. Tesla's China Business Is Its Cash Cow and Its RiskArs Technica examines how much of Tesla's profitability still runs through China, and how quickly domestic Chinese EV makers are taking the share that funds it.→
  5. Xiaomi's HarnessX Rewrites Its Own AI Scaffolding Mid-Task -- and Smaller Models Gain the MostXiaomi unveiled HarnessX, a system that lets an AI agent rewrite its own scaffolding -- the prompts, tools and control logic around the model -- in the middle of a task. The standout finding: smaller, cheaper models benefit the most, suggesting clever orchestration can substitute for raw model size.→

Coverage Timeline

newest first
  1. Aug 18, 2026AIXiaomi Profit Falls 43% as Memory Chip Costs Bite→
  2. Jun 24, 2026AIXiaomi's HarnessX Rewrites Its Own AI Scaffolding Mid-Task -- and Smaller Models Gain the Most→

All Coverage

AI
Xiaomi Profit Falls 43% as Memory Chip Costs Bite
AI

Xiaomi Profit Falls 43% as Memory Chip Costs Bite

Xiaomi's adjusted net income fell 43% to 6.22 billion yuan in its third consecutive quarterly profit decline, as a persistent global memory-chip shortage -- driven substantially by AI data center demand for the same DRAM and NAND -- raised smartphone component costs faster than Xiaomi could pass them on.

DEEP DIVE
AI
Xiaomi's HarnessX Rewrites Its Own AI Scaffolding Mid-Task -- and Smaller Models Gain the Most
Illustration for: Xiaomi's HarnessX Rewrites Its Own AI Scaffolding Mid-Task -- and Smaller Models Gain the Most
AI

Xiaomi's HarnessX Rewrites Its Own AI Scaffolding Mid-Task -- and Smaller Models Gain the Most

Xiaomi unveiled HarnessX, a system that lets an AI agent rewrite its own scaffolding -- the prompts, tools and control logic around the model -- in the middle of a task. The standout finding: smaller, cheaper models benefit the most, suggesting clever orchestration can substitute for raw model size.

Xiaomi FAQ

When was Xiaomi founded and where is it based?

Xiaomi was founded in 2010 and is headquartered in Beijing, China, according to Wikipedia.