Former Xiaomi Executive Pivots to AI Sleep Data as Smart Ring Hardware Margins Shrink
At his first launch event since leaving Xiaomi on the evening of October 29 in Beijing, Wang Teng introduced two sleep products from his startup Jinri Yixiu: the ISHO Ring smart ring and the iFlow smart temperature-control system. The launch signals a business model shift toward AI data services as hardware margins for smart rings shrink to mere cents per unit in local supply chains.
