XIAOMI(HK:01810) Jin Shi Shu Ju·2025-09-25 13:03Group 1 - Xiaomi Group's chairman and CEO Lei Jun delivered his sixth annual speech, introducing the Xiaomi 17 series smartphones and discussing the company's chip development and automotive ambitions [1][3] - The Xiaomi 17 series is described as the strongest compact flagship in the company's history, featuring a 6.3-inch body, a screen bezel of only 1.18mm, and high-end specifications [1][3] - The Xiaomi 17 series is powered by Qualcomm's latest Snapdragon 8 Gen 2 chip, boasting a clock speed of 4.6GHz, and includes a 7000mAh battery with 100W wired and 50W wireless fast charging capabilities [3][4] Group 2 - Lei Jun emphasized that self-developed chips are essential for Xiaomi's success, committing to invest at least 50 billion yuan over the next decade in mobile SoC development [4] - The company aims to enter the high-end market for its self-developed SoCs, learning from past mistakes where it initially targeted the mid-to-low end [4] - Regarding the automotive sector, Xiaomi has attracted a team of passionate engineers to create impactful products, with the YU7 model positioned as a crucial project for the company's automotive ambitions [4][5]