Xiaomi has announced that it shipped more than 5.4 million air conditioners in the second quarter of 2025, marking a year-on-year increase of over 60%. This figure represents the highest quarterly shipment volume for Xiaomi’s air conditioning business to date.
The company reported total revenue of 116 billion yuan (approximately $16.24 billion), achieving three consecutive quarters of revenue above the 100-billion-yuan mark. Adjusted net profit reached 10.8 billion yuan (about $1.51 billion).
Xiaomi’s smart home appliance segment grew significantly, with revenue up 66.2% year-on-year. Refrigerator shipments surpassed 790,000 units, increasing more than 25%, while washing machine shipments exceeded 600,000 units, up over 45%.
The company has also made progress in manufacturing infrastructure. Its first smart home appliance factory, located in Wuhan, began construction in November 2024 and was structurally completed in January 2025. Xiaomi plans to start mass production by the end of this year. The factory will initially focus on air conditioner production and will include six core sub-factories dedicated to household and central AC systems.
Xiaomi’s strong quarterly performance comes amid a growing rivalry with Gree in the Chinese air conditioner market. Last week, blogger Xiaochun Ge shared AVC market data suggesting that Xiaomi had surpassed Gree to become the second-largest brand in China’s online air conditioner segment for July. Xiaomi Group President Lu Weibing reposted the data and stated that strong capabilities are essential for high-quality growth.
Gree responded to the claim. Marketing director Zhu Lei cited AVC’s official dashboard, stating that Gree held a 16.41% share of the online AC market in July, while Xiaomi held 13.5%. He welcomed fair competition but emphasized that Gree remains focused on product quality and customer service.
Xiaochun Ge later clarified that AVC recently updated its data calculation methods. He confirmed that the figures were not fabricated but admitted uncertainty about how often AVC makes such changes. The discrepancy now depends on further clarification from AVC.
The debate highlights ongoing competition in China’s home appliance sector, where both established players and newer entrants are fighting for market share and public perception.
In related news, Xiaomi recently launched the Mijia Thermostatic Electric Kettle 3 Pro, featuring a 2.0L capacity and a 316L stainless steel liner. The company has also introduced a compact washer-dryer designed specifically for delicate clothing.
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(Via)
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