Xiaomi Ecological Chain Structure Adjustment Established Sweeper Department and Intelligent Hardware Department

On September 14th, Sina Technology was informed that Xiaomi Eco-chain Department recently ushered in structural adjustment, and newly established departments such as Intelligent Hardware Department and Sweeper Department.

It should be noted that Xiaomi will make the sweeper a separate department. Previously, the sweeper belonged to the product line of the Clean Electrical Appliances Division, which means that the status of this category in the Xiaomi ecological chain has been improved.

The sweeper department is headed by Chen Weiyang, deputy general manager of the ecological chain department, who reports to Chen Bo, general manager of the ecological chain department. In addition, Chen Weiyang is also the head of the R&D department of the Ecological Chain Department.

According to informed sources, this adjustment is intended to reorganize the categories of the ecological chain. Sweep the floor after adjustment It also ranks among the key categories, which means that Xiaomi will invest more in the category of sweeping robots.

It is understood that Xiaomi first entered the sweeper category, which is an ecological chain enterprise with Xiaomi. In August 2016, Mijia sweeping robot was launched with a price of 1699 yuan. Later, as Roborock went public and went solo, Xiaomi further expanded cooperation with Xiaomi’s eco-chain enterprises, such as Yunmi and Zhuimi, in the category of sweeping robots.

In addition, in July this year, Sina Technology was informed that Xiaomi announced the establishment of a special group to reduce costs and increase efficiency, with Lin Shiwei, CFO of the group, as the team leader.

The special group for cost reduction and efficiency improvement will report to the Group Management Committee, with Lin Shiwei, CFO of the Group, as the team leader, Pan Jiutang, Liu Wei and Zhang Jianhui, special assistants of the Group CEO, as the team members, and Sun Qian, vice president of the Group Finance Department, as the secretary-general to carry out daily work.

It is worth mentioning that Xiaomi released the performance announcements for three months and six months as of June 30, 2023 last month. According to the announcement, the revenue in the second quarter of 2023 decreased by 4.0% from RMB 70.2 billion in the second quarter of 2022 to RMB 67.4 billion.net profitIt reached RMB 5.1 billion.

In terms of science and technology, Xiaomi has laid out 12 technical fields and 99 subdivided tracks. In the second quarter of 2023, Xiaomi’s R&D expenditure reached RMB 4.6 billion, a year-on-year increase of 21.0%. Xiaomi plans to invest more than RMB 100 billion in R&D in five years (2022–2026).

In terms of specific revenue, the revenue of Xiaomi IoT and consumer products division increased by 12.3% from RMB 19.8 billion in the second quarter of 2022 to RMB 22.3 billion in the second quarter of 2023, mainly due to the increase in revenue of smart household appliances, tablets and some consumer products, which was partially offset by the decrease in revenue of smart TVs and laptops.

Xiaomi’s performance announcement for three months and six months ended June 30, 2023