Xiaomi’s robotics team has delivered a string of international competition wins that underscore the company’s deepening capabilities in artificial intelligence and automation, yet the stock continues to hover dangerously close to its 52-week low. The disconnect between technological progress and market sentiment has rarely been starker.
At the CVPR workshops, Xiaomi’s “my16” model won the GigaBrain Challenge with a success rate of 40.89 percent — the only entry to cross the 40 percent threshold. The system combines a vision-language model for task comprehension with a specialized fine-motor-control module, a critical combination for robots that need to both perceive and manipulate their environment. At the ICRA conference, the company triumphed in the Whole Body Control category, scoring 99.2 points with a 94 percent success rate, highlighting progress in one of humanoid robotics’ toughest problems: full-body coordination.
These wins feed directly into Xiaomi’s “Human x Car x Home” ecosystem, which aims to integrate humanoid robots into factory automation and smart-home applications. That vision gained a public showcase on Monday with the China debut of the Xiaomi 17T-series — the first time the T-line has been launched in the domestic market. The 17T packs a 6,500 mAh battery, the Pro model a 7,000 mAh unit, both powered by Dimensity chipsets (8500 Ultra and 9500). Four cameras include a 50-megapixel main sensor with 5x optical zoom, and the Pro supports 100-watt wired charging. Media reports suggest a humanoid robot may even appear at the launch event, physically linking the smartphone, EV, AI and robotics pillars.
But the product offensive arrives when Xiaomi’s core smartphone business is under severe strain. First-quarter adjusted net profit plunged 43.1 percent, while smartphone shipments fell 19 percent to 33.8 million units — the steepest decline among the world’s top five handset makers. Jefferies analysts point to a structural vulnerability: 62 percent of the Xiaomi phones sold in 2024 cost less than $200, leaving the company acutely exposed to rising chip costs. The 17T series is an explicit bid to strengthen the premium segment on home turf and improve margins.
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The financial pressures extend beyond smartphones. The electric vehicle division burned 3.1 billion yuan in the first quarter, even as monthly deliveries stabilized above 30,000 units in May. R&D spending jumped to 9.0 billion yuan, and management is counting on lower component prices and higher average selling prices to offset the outlay.
On the stock market, none of this has provided a floor. Shares closed at €3.05 on Friday, just 2.69 percent above the year’s low of €2.97. The year-to-date loss stands at 32.07 percent, and the one-year decline has reached 49.39 percent. The relative strength index sits at 37.2, approaching oversold territory but not yet generating a buy signal. Xiaomi activated a new €20 billion HKD buyback programme on 2 June 2026, replacing the previous authorization and running for twelve months. That may buy time but has so far failed to arrest the slide.
The stock is now 29.20 percent below its long-term average. Whether it can hold €2.97 will determine if the buyback and product pipeline can stabilise sentiment — or if the market continues to treat even world-class robotics achievements as a distant narrative rather than a near-term catalyst.
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