Xiaomi boosts R&D spending past 30 billion yuan in 2025, pledges focus on core technologies
Xiaomi has announced that its research and development investment for 2025 will exceed 30 billion yuan (about 4.1 billion USD), marking a record high for the company. President Lu Weibing confirmed the figures and emphasized that Xiaomi will continue to increase spending, particularly in hard‑core technology fields.
According to Xiaomi's third‑quarter financial report, cumulative R&D investment in the first three quarters reached 23.5 billion yuan (about 3.2 billion USD). The company's R&D workforce has expanded to 24,871 employees, the largest in its history. Xiaomi also introduced the MiMo‑Audio open‑source large voice model, completing its strategic layout across language, multimodality, and voice AI.
At Xiaomi's 15th anniversary event earlier this year, CEO Lei Jun announced that the company plans to invest 200 billion yuan (about 27.5 billion USD) in R&D over the next five years. This long‑term commitment underscores Xiaomi's ambition to strengthen its position in advanced technology and artificial intelligence.
Financially, Xiaomi reported total revenue of 113.1 billion yuan (about 15.5 billion USD) in the third quarter of 2025, a 22.3% increase year‑on‑year. Adjusted net profit reached 11.3 billion yuan (about 1.55 billion USD), representing an 80.9% jump compared with the same period last year.
Xiaomi Corporation, founded in 2010 and headquartered in Beijing, China, is a global electronics company known for smartphones, smart home devices, and consumer electronics. The company has expanded into electric vehicles and artificial intelligence, with R&D spending now exceeding 30 billion yuan annually. Xiaomi's commitment to long‑term investment highlights its strategy to compete with global leaders in both hardware and AI innovation.
