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24x7Report > Blog > Finance > Chinese smartphone company Xiaomi releases HyperOS as it plans car
Finance

Chinese smartphone company Xiaomi releases HyperOS as it plans car

Last updated: 2023/10/27 at 6:45 AM
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Chinese smartphone company Xiaomi releases HyperOS as it plans car
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The Xiaomi HyperOS emblem is displayed on a smartphone.

Sopa Pictures | Lightrocket | Getty Pictures

BEIJING — Chinese language smartphone and equipment maker Xiaomi introduced late Thursday a brand new working system — because it seeks to develop its ecosystem with the upcoming launch of its personal automobile.

Xiaomi shares rose greater than 1% in Hong Kong commerce Friday morning, constructing on good points of greater than 20% for the yr to date.

The brand new system, known as HyperOS, is about to achieve shoppers Oct. 31 when Xiaomi’s newest telephones, wearables and TV units start gross sales in China.

“The system marks a pivotal transfer ahead in Xiaomi’s strategic imaginative and prescient of delivering the ‘Human x Automobile x Residence’ good ecosystem,” the corporate stated in a launch.

CEO and founder Lei Jun stated on Chinese language social media Wednesday that Xiaomi would release its car in the first half of next year. He didn’t specify whether or not it might be electrical.

We see 'less turbulence' in China because we're in the premium market, Volvo CEO says

Tech corporations have lengthy sought to construct buyer loyalty with working techniques, similar to Apple‘s iOS and Google‘s Android.

Chinese language telecommunications big Huawei developed its personal working system, known as HarmonyOS, in a bid to switch Android. The corporate makes its personal suite of smartphones, laptops, tablets and tv units, whereas promoting the software program for electrical vehicles manufactured by companions.

In late September, Huawei claimed its working system had surpassed 60 million customers.

Chinese language electrical automobile firm Nio this fall additionally launched its personal smartphone, based mostly on Android however custom-made for higher integration with its automobiles.

See also  China's Xiaomi sees shares soar to record highs

Learn extra about China from CNBC Professional

Xiaomi rose to fame for its reasonably priced smartphones and MIUI person interface, based mostly on open supply Android.

The corporate stated the core of its new HyperOS system is “shaped by Linux and Xiaomi’s self-developed Xiaomi Vela system.” The press launch’s solely point out of Android was that HyperOS permits for “extra steady body fee and decrease energy consumption” in comparison with the inventory model of Android.

Xiaomi additionally touted HyperOS’s processing velocity and safety, and listed a variety of methods by which a smartphone, automobile and laptop computer may simply share content material and entry one another’s cameras on the brand new system.

Lately, Xiaomi has grown its equipment and shopper electronics enterprise to account for about 22% of general income within the second quarter, versus slightly below 37% for smartphones.

On Thursday, the corporate launched a 3,999 yuan ($546) smartphone in addition to a 1,999 yuan washer and a 2,999 yuan fridge. Xiaomi has an app for letting prospects remotely management equipment settings.

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TAGGED: car, Chinese, company, HyperOS, plans, Releases, smartphone, Xiaomi

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