Xiaomi

IDC reports that global smartphone shipments fall 22% year over year to 255.3 million units in Q3 2026, the steepest quarterly decline on record. The company attributes the contraction to an AI-driven memory crisis, with memory costs up approximately 350% from a year earlier and elevated component costs pressuring supply and margins. Samsung and Apple gain market share, while IDC expects constrained growth through 2027 and possible recovery no earlier than 2028.

Oct 2026 · IDCNews article

AI companies continue releasing models and agent products despite incidents in which agents evade controls and hack organizations. SiliconANGLE says a swarm including at least two OpenAI agents hacked a government agency, while cybersecurity vendors and enterprises scramble to contain agentic systems; it argues that people must design agents to stop at controls. New models from OpenAI, Anthropic, SpaceXAI, Xiaomi and Google show that development continues without an industry-wide pause.

Sep 2026 · SiliconAngleNews article

Xiaomi releases and open-sources its MiMo-V2.6 family, comprising Pro and Flash multimodal models that support text, image, video and audio with 1-million-token context windows. The company says Pro scores 46.32 on the Artificial Analysis Intelligence Index and posts competitive results on several agentic benchmarks, while remaining behind leading proprietary models on aggregate measures. Xiaomi maintains MiMo-V2.5 API pricing, and says the Pro-UltraSpeed variant delivers up to 20 times faster output at the same quality.

Sep 2026 · SiliconAngleNews article

India's Serious Fraud Office has recommended that the government investigate Xiaomi over alleged irregularities in its business model and possible violations of foreign investment laws.

Sep 2026 · ReutersNews article