$XIAOMI-W(01810)$ $Xiaomi Corp.(XIACY)$ moving up the value chain in smartphones with the launch of its 17-series handsets is a big deal.
But this goes hand-in-hand with the company's efforts to establish itself as a reliable EV manufacturer, which it is currently struggling due to accidents and recalls of its SU7 model.
If they can bounce back from their automotive challenges, I think their push into the higher end smartphone market will have a high chance of success.
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