Xiaomi reported record 2025 revenue of 457.3 billion yuan, up 25%, with adjusted net profit surging 43.8% to 39.2 billion yuan. The company declared 2026 its breakthrough year for AI, focusing on deep integration of large models into its ecosystem. It plans substantial R&D investment, targeting 160 billion yuan over three years for AI infrastructure, autonomous driving, and robotics. Chip self-research remains a long-term core strategy.