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Xiaomi Q4 Profit Down 23%, Innovation Business Revenue Jumps 120%
Xiaomi Group's Q4 adjusted net profit decreased by 23% year-on-year, but exceeded market expectations. Revenue from innovative businesses like smart EVs and AI surged by 120%.
Xiaomi's Q4 Performance Announced
Xiaomi Group announced that its adjusted net profit for the fourth quarter of last year decreased by 23% compared to the same period in the previous year. Despite this decline, the results surpassed market expectations.
Strong Growth in Innovation Business Segments
During the same period, revenue from innovative business segments, including smart electric vehicles and artificial intelligence (AI), saw a significant increase of 120% year-on-year. This indicates that Xiaomi's investments in innovative technology, which it considers future growth engines, are yielding results.
*Source: Now 新聞 (2026-03-24)*
