According to Jin10, Xiaomi Group (01810.HK) said its smartphone and AIoT segment revenue was 84 billion yuan in the second quarter of 2026, while revenue from its smart electric vehicle and AI-related innovative businesses was 24.9 billion yuan. Smartphone shipments totaled 31.2 million units, connected IoT platform devices reached 1.161 billion, up 17.4% year on year, new vehicle deliveries reached 104,199 units, up 28.2% year on year, research and development spending was 9.2 billion yuan, up 18.9% year on year, and R&D staff accounted for 47.2% as of June 30, 2026.