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Xiaomi Q4: Autos Offset Core Declines

Xiaomi Q4: Autos Offset Core Declines
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🐯Read original on 虎嗅

💡Xiaomi AIoT woes + storage crunch signal edge AI hardware cost risks

⚡ 30-Second TL;DR

What Changed

Revenue 1169B CNY, +7% YoY, auto-led growth

Why It Matters

Xiaomi's core AIoT and phone margins erode from NAND shortages and competition, pressuring valuation; auto profitability offers buffer but 2026 targets hinge on new models.

What To Do Next

Monitor Xiaomi's large model announcements for AIoT device integration opportunities.

Who should care:Founders & Product Leaders
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