Xiaomi Will Invest 50 Billion in the Next 5 Years on "5G + AIoT"

Updated:2020/1/3 22:24

The founder, chairman and CEO of Xiaomi Group Lei Jun stated in the 2020 New Year's Letter: On the "5G + AIoT" battlefield, we will invest at least 50 billion yuan in the next 5 years! We must transform the sustainable advantages in AIoT and intelligent life into the total victory of the intelligent full scene and establish the king position in the intelligent era.

Lei Jun also mentioned two good news, also a New Year's gift for Xiaomi: the first is that the Xiaomi TV team held a ceremony to celebrate that Xiaomi TV has ranked first in China and the top five in the world in this year, while also creating a new and unprecedented record that Xiaomi became the first TV brand in China to exceed 10 million units in annual shipment in China; the second thing is about the new group executive. Chang Cheng will be the new vice president of Xiaomi Group, responsible for mobile phone product planning.


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