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#XiaomiEarningsWatch Xiaomi’s earnings are one I’m genuinely curious about because this is no longer just a smartphone story 👀 Premium phones remain important, but the bigger question for me is whether EVs can become a durable second growth engine rather than simply an exciting new product line. Strong demand is encouraging, but scaling production, managing costs and maintaining margins will matter just as much 🚗 I’m also watching how Xiaomi connects smartphones, AIoT devices and vehicles through its Human × Car × Home ecosystem. The idea sounds powerful, but the real test is whether users actually experience enough value to stay within that ecosystem. This report should show which part of the strategy is carrying the most momentum right now. Which business gives Xiaomi the strongest long-term advantage: premium smartphones, EVs or the connected ecosystem?