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Xiaomi Hits Its Tipping Point: AI Models, Self-Built Chips, and Robots Add a New Layer Beyond Phones

Summary by Pandaily
After holding through tough competition, Xiaomi finally stabilized. On August 18 it reported 2026 second-quarter results: revenue reached 108.92 billion yuan, again above 100 billion, with adjusted net profit of 6.22 billion and attributable net profit of 9.46 billion, doubling quarter over quarter. Phones and AIoT remain the mainstay at 84 billion, with smartphone revenue 42.1 billion. Autos are the other big line: Xiaomi delivered over 100,000…

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Cumhuriyet broke the news in Istanbul, Türkiye on Wednesday, August 19, 2026.
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