JAKARTA - Xiaomi Corporation managed to continue its strong growth momentum in the third quarter of 2025, with total revenue reaching IDR 266.4 trillion, an increase of 22.3% YoY.
Thus, this achievement makes Xiaomi's total revenue during the third quarter of 2025 reach IDR 801.8 trillion, or almost equal to the full year's total revenue by 2024.
Xiaomi revealed that all of its business segments showed solid growth. The smart EV, AI, and other new initiative segments recorded revenues of IDR 68.3 trillion.
Meanwhile, the Xiaomi smartphone segment showed stable performance, with revenues of IDR 108.3 trillion, with global shipments reaching 43.3 million units, recording YoY's growth for 9 consecutive quarters.
From the IoT business and lifestyle products, Xiaomi recorded stable growth with revenue of IDR 65 trillion, up 5.6% YoY, and the internet service business showed revenue of IDR 22.1 trillion, up 10.8% YoY.
Xiaomi continues to increase investment in fundamental core technology. Spending of R&D Q3 reached IDR 21.4 trillion, up 52.1% YoY, the highest in history.
The total R&D for the first three quarters reached Rp55.3 trillion (RMB23.5 billion), and Xiaomi estimated that the total investment of R&D in 2025 would exceed Rp70 trillion (RMB30.0 billion). The number of R&D personnel reached 24,871, the highest record.
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In the field of large AI models, Xiaomi has also made important progress. In September, Xiaomi released Xiaomi-MiMo-Audio, an open-source large voice model that expands the company's fundamental ecosystem.
In November, Xiaomi unveiled a futuristic smart home solution for Xiaomi Miloco, making Xiaomi a pioneer in a large model-based smart home experience. Xiaomi also launched HyperOS 3, with a thorough improvement to AI's basic experience, functionality, and capabilities.
The launch of the Smart Home Appliance plant complements Xiaomi's smart manufacturing trifecta starting from smartphones, smart EVs, and home appliance, emphasizing Xiaomi's leadership in each sector.
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