# Lu Weibing
Latest news and articles about Lu Weibing
Total: 3 articles found

Xiaomi’s Record 2025: An EV Triumph Masking a Smartphone Margin Squeeze
Xiaomi reported record 2025 revenues of 457.3 billion RMB, driven by a highly successful entry into the EV market that reached profitability in record time. However, the company is facing significant margin pressure in its smartphone business due to soaring memory chip costs, leading to warnings of impending price increases.

Xiaomi’s Mechanical Workforce: The Rise of the Humanoid Intern
Xiaomi has integrated humanoid robots into its EV production lines, leveraging new Vision-Language-Action (VLA) models to achieve a 90% success rate in assembly tasks. While the company reported record 2025 revenues, executives emphasize that full-scale robotic labor is a strategic five-year objective.

Xiaomi Goes Racing: Chinese Tech Giant Debuts Its First VGT Concept, Promises Real Car at MWC 2026
Xiaomi unveiled the Xiaomi Vision GT, a Vision Gran Turismo concept car, at its Barcelona global launch and said a physical version will be shown at MWC 2026. The move marks the first VGT designed by a Chinese brand and signals Xiaomi’s effort to use high‑profile design projects to build automotive credibility and international recognition.