BEIJING – Chinese smartphone and device manufacturer Xiaomi announced a new operating system late Thursday – as it looks to evolve its ecosystem with the upcoming release of its own car.
Xiaomi shares rose more than 1% in Hong Kong trading on Friday morning, building on gains of more than 20% year to date.
The new system, called HyperOS, is scheduled to be available to consumers on October 31, when Xiaomi’s latest phones, wearables and TVs go on sale in China.
“The system marks a critical step forward in Xiaomi’s strategic vision to deliver the ‘People x Car x Home’ intelligent ecosystem,” the company said in a press release.
CEO and founder Lei Jun said on Chinese social media on Wednesday Xiaomi would launch its car in the first half of next year. He didn’t elaborate on whether it would be electric.
Technology companies have long tried to compete with operating systems such as: B. Building customer loyalty Appleis iOS and Googleis Android.
Chinese telecommunications giant Huawei has developed its own operating system called HarmonyOS to replace Android. The company manufactures its own range of smartphones, laptops, tablets and televisions, while also selling the software for electric cars manufactured by partners.
At the end of September, Huawei claimed that its operating system had surpassed 60 million users.
Chinese electric car manufacturer Nio This fall, the company also launched its own smartphone, based on Android but adapted for better integration into its vehicles.
Xiaomi gained fame for its affordable smartphones and MIUI user interface based on open source Android.
The company said the core of its new HyperOS system is “composed of Linux and the Xiaomi Vela system developed by Xiaomi itself.” The only mention of Android in the press release was that HyperOS enables a “more stable frame rate and lower power consumption” compared to the stock version of Android.
Xiaomi also praised the processing speed and security of HyperOS, listing a number of ways a smartphone, a car and a laptop can easily share content and access each other’s cameras on the new system.
In recent years, Xiaomi has expanded its home appliances and consumer electronics business to account for about 22% of total sales in the second quarter, compared with nearly 37% for smartphones.
On Thursday, the company launched a smartphone for 3,999 yuan ($546), as well as a washing machine for 1,999 yuan and a refrigerator for 2,999 yuan. Xiaomi has an app that allows customers to remotely control device settings.