XIAOMI(HK:01810) Feng Huang Wang·2025-10-02 11:40Core Insights - Xiaomi's 17 series has surpassed 1 million units in sales, achieving this milestone faster than previous models [1][4] - The Pro Max model is the best-selling variant, with significant improvements in product structure, crossing the 6K+ price threshold [4][5] - Xiaomi plans to increase production of the 1TB version due to user demand, with deliveries starting on October 5 [4][5] Sales Performance - The initial sales results of the Xiaomi 17 series are promising, with the Pro Max leading in sales [4][5] - The overall sales strategy aims to compete directly with Apple, focusing on high-end market segments [5] Product Strategy - The company has made bold innovations, including a back screen design, to differentiate itself in a competitive smartphone market [5] - Despite the risks associated with these changes, user feedback has been positive, validating the company's approach [4][5][6]