YouSaid · the spoken record

Alain Lam

lines on the record: 13
first: 2026-04-24
most recent: 2026-04-24
sittings or episodes: 1
sources: podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

“A billion connected devices globally. We have over 800 million mobile phone users globally. How do we interconnect these devices so that we'll enhance people's productivity in the physical AI world? I think that's something that we are looking at.”
2026-04-24 · In Good Company with Nicolai Tangen · HIGHLIGHTS: Alain Lam - CFO of Xiaomi · IDENTIFIED FROM THE TRANSCRIPT · source
“As we think about how AI is going to change the world and how do we fit into our own ecosystem, we think about more in the physical AI world. How do we get AI into our phone? How do we get AI into our spark appliances? How do we get AI into our car? And then how to interconnect these things to make users lives more efficient much better. I think that's kind of how we see this. And obviously other people are using AI to serve the coder community. Other people are trying to use AI to make very useful chatbots for the users so that they can use the chat box to help them manage the life better. But for us, for Xiaomi, because we have over,”
2026-04-24 · In Good Company with Nicolai Tangen · HIGHLIGHTS: Alain Lam - CFO of Xiaomi · IDENTIFIED FROM THE TRANSCRIPT · source
“We did try to innovate a bit on the infrastructure of the model. So obviously we have the benefit of seeing how other peoples do it before. And then we try to optimize our path. So in terms of infrastructure, we have done some innovations, although we didn't talk too much publicly about that. Number one is if you think about the model development right now, I think there's still a long way to go. The good thing for Xiaomi in a way is I already have a big ecosystem that we can use to test. We can collect data from those user behavior and we can refine our model. Last thing is obviously, as you know, that we put it as an open source model. So we're also trying to invite the best mind globally to help improve that model as a result.”
2026-04-24 · In Good Company with Nicolai Tangen · HIGHLIGHTS: Alain Lam - CFO of Xiaomi · IDENTIFIED FROM THE TRANSCRIPT · source
“Yes, we just launched it two weeks ago. So we launch our own large language model two weeks ago and it has performed pretty well. I mean, if you look at public scoring systems like OpenRouter.com, you can see that we have been ranked very highly on that table. So we're very glad that we have a large language model that people like people use.”
2026-04-24 · In Good Company with Nicolai Tangen · HIGHLIGHTS: Alain Lam - CFO of Xiaomi · IDENTIFIED FROM THE TRANSCRIPT · source
“Our EV, we call it a smart electric vehicles. And I think that some OEMs may look at electric to focus on electric, but let's focus on smart. I think that that's one thing that the users right now really want, especially given the Xiaomi advantage is how do I link it with all of our ecosystem products? How do it work better with my smartphones? How do I work better with my IoT devices, you know, things like that that I can create, not just an EV, but also a smart life ecosystem beyond the EV.”
2026-04-24 · In Good Company with Nicolai Tangen · HIGHLIGHTS: Alain Lam - CFO of Xiaomi · IDENTIFIED FROM THE TRANSCRIPT · source
“Look, we still look up to a lot of the OEMs, the traditional OEMs. We still think that there's a lot of things to learn from them. The way that they build a brand, they work, the way that they build the drivetrain, the way that they give people a real good driving experience, those are the stuff that we still look up to a lot of the European OEMs. What we think that they are lacking are number one, I think the smartness of the car. I think they try to implement a lot of the smart features into the car right now. But I think in that sense, they are probably behind what we are seeing in China right now. And then the second is kind of the whole NEV, the new energy vehicle development, right? I think that they were a lot of the focus were on electric at that time. But really, I think when we look at”
2026-04-24 · In Good Company with Nicolai Tangen · HIGHLIGHTS: Alain Lam - CFO of Xiaomi · IDENTIFIED FROM THE TRANSCRIPT · source
“We have experience working with so many consumer electronics products before. Obviously, Kai is a little bit of a different animal because you need to consider about safety. But again, I think the supply chain in China has been relatively well developed on the EB industry. So as we go into that, I think what we said was, look, can we spend 10 times more investments to build the first car? I think that's also a very important philosophy as well, is instead of going into all these different directions, making multiple cars, we decided to spend all of our efforts on one single car.”
2026-04-24 · In Good Company with Nicolai Tangen · HIGHLIGHTS: Alain Lam - CFO of Xiaomi · IDENTIFIED FROM THE TRANSCRIPT · source
“So look, at the beginning, the car industry to us is not that foreign. Xiaomi as a company has already invested some of the EV manufacturers in China before. So we have an experience of seeing them develop, helping them develop over time. But then we decided to do it ourselves. And as you know, we've done a lot of due diligence in the industry. the moment we decided to get into this industry. And I think the ultimate solution is our ultimate conclusion, I should say, is that if you believe that a UV, right, is going to be another piece of consumer electronics. That's something that we have a lot of experience in, whether it is managing the software, hardware integration, whether it is managing the supply chain. I mean, those are the stuff that, you know,”
2026-04-24 · In Good Company with Nicolai Tangen · HIGHLIGHTS: Alain Lam - CFO of Xiaomi · IDENTIFIED FROM THE TRANSCRIPT · source
“So, a little bit over less than three years, we launched our first car. We designed it, and then we built a factory as well. So China speed.”
2026-04-24 · In Good Company with Nicolai Tangen · HIGHLIGHTS: Alain Lam - CFO of Xiaomi · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, because at that time I think there is a lot of, you know, the supply chain is obviously quite advanced in China. But the problem in the market at that time was there was a lot of expensive products with very low quality. And the philosophy for the company is that can we do a smartphone that is much better quality and we can offer to users a much more affordable prices. And that's something that you see permanent in the history of our products, right? We try to offer very high quality solutions to our users at affordable prices.”
2026-04-24 · In Good Company with Nicolai Tangen · HIGHLIGHTS: Alain Lam - CFO of Xiaomi · IDENTIFIED FROM THE TRANSCRIPT · source
“We actually started off building the operating system for smartphones. And that was in 2010 when we founded the company. We want to do an operating system on top of the Android ecosystem and then try to offer it to smartphones. But eventually we decided to get into the smartphone ourselves. And our first smartphone, which we call Xiaomi 1, we sold it at 1999 RMB in China. And that became a huge success because as you remember back in the days, there were a lot of products out there that were low quality but high prices.”
2026-04-24 · In Good Company with Nicolai Tangen · HIGHLIGHTS: Alain Lam - CFO of Xiaomi · IDENTIFIED FROM THE TRANSCRIPT · source
“All your personal devices to all your home devices, and now with your mobility solutions. So that's where we are. But we've achieved quite a bit over the last 15 years. Obviously, last year we have over 450 billion R&B in terms of sales. And we have achieved pretty good profitability.”
2026-04-24 · In Good Company with Nicolai Tangen · HIGHLIGHTS: Alain Lam - CFO of Xiaomi · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, thanks, Nicola. Thanks for the question, and good to be here. So, first of all, Xiaomi is still a very young company. We just turned 16. We were founded in April 6th, 2010. And since then, we have done a lot, as you mentioned. But ultimately, I think we think of ourselves as a global technology company. Obviously, we have smartphones, we have a lot of smart devices. Plus recently we have smart electric vehicles. And we are into manufacturing, but underlying all of these is our technology, whether it is our operating system, our semiconductors, our AI, I think those are the stuff that we built underneath all of our ecosystem. I think we built a pretty comprehensive, what we call a human times car times home ecosystem, ranging from”
2026-04-24 · In Good Company with Nicolai Tangen · HIGHLIGHTS: Alain Lam - CFO of Xiaomi · IDENTIFIED FROM THE TRANSCRIPT · source