Ahead of the 2026 World Artificial Intelligence Conference (WAIC), President of Kazakhstan Qasym-Jomart Toqaev held a Kazakhstan-China roundtable on technological cooperation in Shanghai, reports infohub.kz.
The event was attended by key industry leaders, including representatives of Xiaomi. Kazakhstan's digital development strategy was presented to them.
One of the key events of the visit was a meeting between President Tokayev and Lu Weibing, partner and president of Xiaomi Group. Lu Weibing discussed Xiaomi's current results, investments in R&D, and plans to expand operations in Kazakhstan, inviting President Tokayev to visit the company's headquarters. The Kazakh leader noted the high importance of cooperation with Xiaomi and emphasized that Kazakhstan prioritizes the development of artificial intelligence. He instructed relevant agencies to ensure effective interaction with the company on all key areas.
Xiaomi was founded in April 2010 and listed on the main board of the Hong Kong Stock Exchange on July 9, 2018. The company operates in consumer electronics and smart manufacturing, developing an ecosystem of smartphones and smart devices connected by the Internet of Things (IoT) platform. Guided by its vision "Be friends with users and be the coolest company in their hearts," Xiaomi continuously invests in innovation, user experience, and operational efficiency. The company creates high-tech products at fair prices to enable more people worldwide to improve their lives with modern technology. Xiaomi is one of the world's leading smartphone manufacturers. As of March 2026, its monthly active users (MAU) reached 746.2 million globally (including smartphones and tablets). The company has also built the world's leading consumer AIoT platform. As of March 31, 2026, the number of IoT devices connected to this platform (excluding smartphones, laptops, and tablets) reached 1.1187 billion. In October 2023, Xiaomi upgraded its strategy to the Human × Car × Home smart ecosystem, seamlessly integrating personal devices, smart home products, and automobiles. Xiaomi always puts people at the center and strives to create comprehensive and interconnected user scenarios. Xiaomi products are available in over 100 countries and regions. In July 2025, Xiaomi was included in the Fortune Global 500 for the seventh consecutive year, ranking 297th. Xiaomi is a constituent stock of the Hang Seng Index, Hang Seng China Enterprises Index, Hang Seng TECH Index, and Hang Seng China 50 Index.