XIAOMI(HK:01810) Zhong Guo Zhi Liang Xin Wen Wang·2025-09-15 08:18Group 1 - The global high-end smartphone sales are projected to grow by 8% year-on-year in the first half of 2025, significantly outpacing the overall smartphone market growth of 4% [2][3] - The trend of "premiumization" in smartphones is becoming more pronounced across various regions, driven by increased consumer engagement and affordability [3] - The high-end smartphone market contributes over 60% of global smartphone revenue, highlighting its strategic importance [3] Group 2 - Chinese manufacturers, particularly Xiaomi, have shown remarkable performance, with Xiaomi's high-end smartphone sales increasing by 55% year-on-year, securing the fourth position in global market share [2][3] - Xiaomi is not only advancing in the high-end smartphone segment but is also making strides in electric vehicles and IoT, with synergies between these sectors enhancing its smartphone business [3]