- Xiaomi to invest at least $8.7 billion in AI over next three years: CEO
Xiaomi to invest at least $8.7 billion in AI over next three years, CEO says
China's Xiaomi to invest almost $28 billion in core technology R&D over next five yearsXiaomi plans to invest 200 billion yuan ($27.8 billion) in core tech R&D over five years, CEO Lei Jun announced in Beijing. The move coinci...
Xiaomi to invest at least $6.9 billion in chip design, founder saysXiaomi has invested 13.5 billion yuan to self-develop its advanced mobile chip XringO1, Lei said, adding that the company's chip design uni...
Xiaomi founder Lei Jun’s viral video shows an inspiring transformation from hustler to icon — and the internet is obsessedLei Jun, the billionaire founder of Xiaomi, rose from humble beginnings to global tech stardom. Born in Hubei, China, he created Xiaomi in ...
Xiaomi to reveal its electric vehicle tech on December 28Xiaomi plans to launch its first electric car by the first half of 2024. Earlier this year, the company had also conducted a test of its EV...
Xiaomi to open car plant in Beijing with annual output of 300,000 vehiclesThe plant will be constructed in two phases and Xiaomi will also built its auto unit's headquarters, sales and research offices in the Beij...
Xiaomi CEO says firm to mass produce its own cars in H1 2024: Company spokespersonIn March, Xiaomi said it would commit to investing $10 billion in a new electric car division over the next ten years. The company complete...
Xiaomi CEO Lei Jun shares Mi Max 3 retail box, hints at early launchThe phone is likely to hit the Indian market around July or August at Rs 18,000-19,000.
Meet Lei Jun, the Chinese billionaire who wants to give TV makers in India a hard timeXiaomi founder Lei Jun said that the company expects to disrupt India’s TV industry the way Reliance Jio disrupted the telecom space.
GBS 2017: This is how global business is transforming due to internet effectOver the next ten years and beyond we are set to see even faster changes in the payments landscape, accelerated growth in electronic paymen...
Most important market for Xiaomi in ’15 is India, says founder and CEO Lei JunThe competitors in India market are also there in China. We're fairly confident we will be able to get to No. 1 in India in three to five y...
Xiaomi, the Chinese phonemaker, wants to be an Indian company; in talks to set up plantThe firm is planning to invest in a startup, set up an R&D centre, begin local manufacturing and emerge as India’s No 1 handset player by 2...
Xiaomi announces its new flagship Mi Note and Mi Note ProThe Mi Note is priced at $371 (Rs 23,000) approximately for 16GB variant and $451 (Rs 28,000) approximately for the 32GB variant.
Appla to Xiaomi: Talk is cheapJun’s company became the third-largest smartphone maker in October, behind Apple and Samsung, with Samsung in the number one spot.
Xiaomi seeks funds, looks at $50-billion valuationThe world's third-biggest smartphone maker had a financing round in August 2013 that valued the company at $10 billion.
Xiaomi continues to reign supreme in Chinese marketXiaomi secured 30.3 per cent of the market share, followed by Samsung with an 18.4 per cent share in three months ending September, accordi...
Tracking Xiaomi's meteoric riseIts founder Lei Jun, mocked for aping the late Steve Jobs at product launches, is shipping phones at near manufacturing price, jettisoning ...