Chinese consumer tech giant Xiaomi said Tuesday its business segment dedicated to innovations including smart electric vehicles and artificial intelligence had turned a quarterly profit for the first time.
But the company’s president Lu Weibing warned that supply chain pressure linked to rising memory chip prices would weigh on the smartphone market next year.
Xiaomi, which built its name on a wide range of affordable products including smartphones, tablets and home appliances, is a newcomer to the crowded EV field, having released its first model last year. It also joined the fierce race to develop AI tools in April when it unveiled a generative model created in-house.
‘In the third quarter of 2025, our smart EV, AI and other new initiatives segment achieved positive income from operations in a single quarter for the first time’ of 700 million yuan ($98 million), Xiaomi said.
Revenue from the sector reached a record high, a company statement said, while total revenue for the July-September quarter came to 113.1 billion yuan, up 22 per cent from the same period a year earlier. 
Editor: Nurul Kabir, Published by the Chairman, Editorial Board ASM Shahidullah Khan on behalf of Media New Age Ltd.
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