China Tech News (March24): China’s Daily AI Token Usage Hits 140 Trillion, Xiaomi Bets $8.4B on AI

Оригинальный автор：China Business Daily

Первоисточник：https://www.youtube.com/embed/0nCMePgF51s

Chinese smartphone giant Xiaomi just reported record-breaking revenue—its first time topping $63 billion—and announced an $8.4 billion AI investment over the next three years. But the bigger story? It’s embedding an AI agent called “miclaw” into phones, cars, and robots, pushing AI from conversation to action. Could this reshape how we interact with technology? Let’s dive into today’s China tech briefing. First Up: Xiaomi Bets $8.4 Billion on AI, Debuts On-Device AI Agent “miclaw” Xiaomi reported record 2025 revenue of 457.3 billion yuan ($63.3 billion), up 25%, with adjusted net profit up 44% to 39.2 billion yuan. President Lu Weibing announced a three-year, 60 billion yuan ($8.4 billion) AI investment plan, with over 16 billion yuan dedicated to AI and embodied intelligence in 2026 alone. Xiaomi’s self-developed on-device AI agent, “miclaw,” has entered limited testing—the first such agent deployed on a smartphone in China. Lu called 2026 the “breakout year” for AI moving from virtual to physical worlds. Xiaomi Auto Turns Profitable, Targets 550,000 Deliveries in 2026 Xiaomi’s EV business was the earnings highlight. It delivered 411,000 vehicles in 2025, far exceeding its 300,000 target, with cumulative deliveries surpassing 600,000. The smart EV and AI innovation segment surpassed 100 billion yuan in revenue for the first time, up 223.8%, and turned an annual operating profit. The new SU7 logged 15,000 locked orders in 34 minutes and over 30,000 in three days. Xiaomi reiterated its 2026 delivery target of 550,000 vehicles and confirmed its 2027 timeline for entering the European market. Alibaba DAMO Academy Unveils 5nm RISC-V Chip, 3x Performance Boost At the 2026 Xuantie RISC-V Conference, Alibaba DAMO Academy launched the Xuantie C950, a new flagship processor. Built on 5nm process technology with a 3.2GHz frequency, it sets a new global RISC-V CPU performance record, delivering over three times the performance of its predecessor. The chip natively supports billion-parameter models like Qwen3 and DeepSeek V3. RISC-V, an open-source chip architecture seen as “built for AI,” is challenging the x86 and Arm duopoly. Chinese Academy of Engineering academician Ni Guangnan noted RISC-V now accounts for 25% of the global processor market. China’s Daily AI Token Usage Exceeds 140 Trillion, Signaling Rapid Growth At a March 24 press briefing, National Data Administration Director Liu Liehong revealed that China’s daily AI token usage has surpassed 140 trillion. Tokens are the basic units AI models use to process information—essentially “language fragments.” This figure has grown over 1,000-fold since early 2024 and increased 40% in just the last three months. Liu said the surge reflects China’s rapid AI adoption, with applications shifting from “conversational” to “executional” agents, and a virtuous cycle of data-driven AI innovation now underway. Smartphone Price Surge Hits China, Mid-to-Low-End Models Up $40–$70 Soaring memory chip prices have triggered the largest smartphone price hike in five years. OPPO, vivo, and Honor have raised prices by 300–500 yuan ($40–$70) on mid-to-low-end models, with some foldables up 1,000 yuan. Memory chips now account for up to 43% of BOM costs in sub-$200 phones. Xiaomi President Lu Weibing warned the price cycle could last through 2027; Xiaomi will try to absorb costs internally but may eventually raise prices. The sub-$200 phone segment is rapidly disappearing as the industry shifts from price competition to innovation. Beijing Regulators Call Out Ctrip for Forcing Hotels into “Auto-Pricing” On March 23, Beijing’s market regulator summoned 12 online travel platforms, including Ctrip, Qunar, and Fliggy, over unfair competition practices. Ctrip was singled out for its “auto-pricing” tool, which allegedly forced hotels into price adjustments and stripped them of pricing autonomy. Ctrip removed the feature on March 10. Data shows Ctrip controls nearly 70% of China’s online travel market, and many small and mid-sized hotels rely on it for up to 60% of their bookings. Analysts say the issue reflects deeper tensions in the OTA business model—and the solution may lie in more competition, not less.