Lu Weibing, President of XIAOMI-W (01810.HK), posted on Weibo that the company has invested over RMB100 billion in R&D over the past five years, while planning to elevate this amount to RMB200 billion over the next five years.
Lu added that the Xiaomi 17 series phones will be launched this month, including three products: Xiaomi 17, Xiaomi 17 Pro, and Xiaomi 17 Pro Max. They will be the first in the world to feature the fifth-generation Snapdragon 8 Supreme Edition mobile platform.
Xiaomi initiated a high-end strategy five years ago, learning from the greatest rivals and steadfastly benchmarking against the iPhone, Lu noted. So far, Apple (AAPL.US) remains outstanding. The success of the iPhone 17 series is evident to everyone, but Xiaomi remains confident in directly vying with the iPhone in the same generation and class.
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AASTOCKS Financial News
Website: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| XIAOMI (C) |
15358 |
68.05 (-) |
0.054 |
6.5 X |
| XIAOMI (C) |
15359 |
63.93 (-) |
0.061 |
6.8 X |
| XIAOMI (C) |
14470 |
61 (-) |
0.064 |
7.3 X |
| XIAOMI (P) |
14219 |
46.45 (-) |
0.062 |
4.0 X |
| XIAOMI (P) |
16080 |
38.53 (-) |
0.029 |
4.4 X |
| XIAOMI (Bull) |
56200 |
53.8 (54.2) |
0.031 |
18.2 X |
| XIAOMI (Bull) |
54816 |
52.2 (52.6) |
0.048 |
11.8 X |
| XIAOMI (Bear) |
54560 |
61.2 (60.8) |
0.039 |
14.5 X |
| XIAOMI (Bear) |
61496 |
59.5 (59.1) |
0.026 |
21.7 X |
| APPLE (C) |
10758 |
243 (-) |
0.320 |
6.2 X |
| APPLE (C) |
10614 |
236 (-) |
0.113 |
17.7 X |
| APPLE (P) |
10793 |
210 (-) |
0.168 |
5.5 X |
| APPLE (P) |
10678 |
170 (-) |
0.017 |
10.1 X |
