XIAOMI(HK:01810) Guan Cha Zhe Wang·2025-12-26 03:35Group 1 - Xiaomi launched its flagship smartphone, the Xiaomi 17 Ultra, with a price range of 6,999 to 8,499 yuan, and a Leica version priced between 7,999 and 8,999 yuan [1] - The price increase for the Xiaomi 17 Ultra was anticipated, with a 500 yuan increase compared to the previous generation, the Xiaomi 15 Ultra [1][3] - Xiaomi's president, Lu Weibing, indicated plans to target the high-end smartphone market with models priced above 6,000 yuan in the future [1] Group 2 - The Xiaomi 17 Ultra features significant imaging capabilities, including a 1-inch main camera and a 200-megapixel telephoto lens, with advanced hardware and technology for enhanced dynamic range and optical zoom [3] - Other specifications include a 6.9-inch display, Snapdragon 8 Gen 2 processor, 6,800 mAh battery, and fast charging capabilities, making it the lightest Ultra model at 8.29 mm thick [3] - The Leica version of the Xiaomi 17 Ultra includes upgrades in lens zoom, UI interaction, and ergonomic design [3] Group 3 - Xiaomi and Leica have upgraded their strategic partnership, focusing on integrating Leica's optical expertise and design aesthetics into their products [5] - In the third quarter, Xiaomi ranked fourth in the Chinese smartphone market with a shipment of 10 million units, while Vivo, Apple, and Huawei led the market [5]