China’s Meituan and Xiaomi Corp are set to showcase their long-term investment plans in upcoming earnings releases, highlighting the country’s tech sector’s trajectory. Xiaomi is expected to invest heavily, around $6.9 billion, in developing its own mobile processor, aiming to boost its semiconductor capabilities over the next decade. This move follows Meituan’s expansion efforts and solidifies China’s tech companies’ focus on long-term growth.
Source: https://www.bloomberg.com/news/articles/2025-05-23/china-s-meituan-xiaomi-see-long-term-expansion-efforts-in-spotlight