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Xiaomi ‘in no rush’ to turn vast AI spending into profits despite earnings slump

  • Posted on August 18, 2026
  • By South China Morning Post
  • 0 Views
  • 1 min read
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Xiaomi ‘in no rush’ to turn vast AI spending into profits despite earnings slump
Xiaomi ‘in no rush’ to turn vast AI spending into profits despite earnings slump

The Chinese tech firm has seen its net profits decline for three consecutive quarters, as it rapidly ramps up AI-related R&D spending.
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Author
South China Morning Post

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