Home Business Lei Jun: Xiaomi Auto expects mass production progress to exceed expectations in the first half of 2024

Lei Jun: Xiaomi Auto expects mass production progress to exceed expectations in the first half of 2024

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On December 24th, Lei JunWeiboPost a post to reveal the relevant content of Xiaomi’s December 28 press conference in advance, including: benchmarkingApple, Xiaomi’s digital series will be divided into “one large and one small” dual-size flagship model; Xiaomi will continue to promote the development of surging chips; Xiaomi Auto is expected to mass-produce in the first half of 2024.

Q: Will there be two sizes of Mi Digital Series in the future?

Answer: Yes. From this year on, the small size flagship is the orthodox sequel to the Xiaomi digital series. The “one big and one small double size” is to be able to directly match the iPhone::Mi 12 to iPhone 13, and Mi 12 Pro to iPhone 13 Pro Max.

Q: Are there any plans for chips next year?

Answer: Three chips, S1/C1/P1, have been released. We will continue to increase R&D investment, and Xiaomi’s chips will move forward steadily one step at a time.

Question: After Xiaomi started to build cars, some people said that Mr. Lei didn’t care much about the mobile phone business. Is this true?

Answer: The mobile phone business is Xiaomi’s core business. Please rest assured that the key technology and core basic experience of mobile phones will always be my biggest concern!

Q: This press conferenceGo to the meetingTell me something about the car?

Answer: The progress of the automotive business has exceeded expectations. It is expected that vehicles will be produced in the first half of 2024. Thank you for your concern.

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Question: Has Mr. Lei been spurring the MIUI team recently?

Answer: Jin Fan and his team have been working hard to solve the problems that everyone cares about. Please support and cheer him up. Mi 12 and Mi 12 Pro will be preset with MIUI13 at the factory.

According to the financial report, Xiaomi Group achieved 78.06 billion yuan in revenue in the third quarter, a year-on-year increase of 8.2%; operating profit was 2.73 billion yuan, a year-on-year decrease of 59%; period profit was 789 million yuan, a year-on-year decrease of 84%; after adjustmentNet profit5.18 billion yuan, a year-on-year increase of 25%; gross in the third quarterinterest rate18.3%, an increase of 4.2 percentage points. Looking at the overall decline from the previous month, revenue fell 11.1% month-on-month, operating profit fell 74.6% month-on-month, profit during the period fell 90.5%, and adjusted net profit fell 18.1%.

(Source: CDC Finance)


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