Xiaomi is reportedly gearing up to launch a new tracking tag—simply called the Xiaomi Tag—and it could land at a price that puts pressure on both Apple and Motorola.

The info comes from reliable Weibo leaker Repeater 002, who suggests Xiaomi is finalizing the device and is preparing to launch it alongside the Xiaomi Watch 5 and Buds 6. These accessories could be introduced during the Xiaomi 17 Ultra launch event in China, which is reportedly scheduled for December 26, 2025.

Nothing too detailed has surfaced yet, but the basics are fairly clear. The product name appears locked in as “Xiaomi Tag,” and most early signs point toward support for Ultra-Wideband (UWB). That would enable more precise, short-range locating—similar to the “Precision Finding” feature that helps AirTags stand out. The bigger deal, though, is that Xiaomi’s tracker is expected to work with Google’s Find My Device network, which relies on nearby Android phones to anonymously relay a tag’s location even when it’s offline.

That setup isn’t unique anymore; Chipolo, Pebblebee, and Motorola’s Moto Tag already offer UWB and tie-ins with Google’s network. But where Xiaomi could shake things up is, unsurprisingly, pricing. Both the Moto Tag and Pebblebee Clip currently cost above $25 on Amazon, and most well-known alternatives land in the same ballpark. If Xiaomi can undercut its alternatives on specs for a similar price, it’ll have a real shot at winning over Android users who’ve been waiting for a cheap-but-capable finder tag.

If Xiaomi sticks to its usual playbook, the AirTag may soon have some long-overdue competition.

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