Xiaomi Says It Plans to Double R&D Investment
Xiaomi would make a heavy investment into research and development. This was revealed during a conference on the Human Car Home Ecosystem Partner, on December 17, by company President Lu Weibing, the successor of founder Lei Jun in 2024.
Financial Commitment to Innovative Projects
This five-year plan shows major funding for technological advancement. The main essential financial details include:
- Next Five Years (2026-2030): Xiaomi plans to invest some $28.4 billion in R&D.
- Previous Five Years (2021-2025): Investment during this period was $14.9 billion, which speaks of almost doubling the new plan with the company's commitment.
- Annual Spending Growth: R&D spending was around $4.5-4.7 billion in 2025 and is projected to rise to around $5.7 billion in 2026.
Strategic Areas with Focus on Increased Investment
This increase in funds is directed towards specific strategies enhancing its proprietary technologies.
Proprietary AI and Chip Development
This investment finds its way into two big projects:
- AI Model (MiMo): Xiaomi has launched its AI model, named MiMo, for synergy in its ecosystem of smartphones, smart home devices, and cars.
- In-House Chips (Xring Project): The company is investing massively in its own chip business. Its Xring project, with an investment of over $1.9 billion, now employs more than 2,500 engineers solely focused on processor development.
Expansion of R&D Workforce
In light of the greater funding, Xiaomi has seen development in its R&D team. By Q3 2025, the investment sector had recorded an all-time number of 24,871 employees in the company.
