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Xiaomi Announces US$4.2 Billion Investment in R&D Development by 2025

  • tech360.tv
  • Feb 17
  • 1 min read

At the recent Beijing’s Haidian District Economic and Social High-Quality Development Conference, Xiaomi's CEO Lei Jun emphasised the importance of corporate confidence and research and development (R&D) investment.


Modern building facade with large orange "mi" logo. Bright blue sky and green leaves frame the image, creating a vibrant, fresh atmosphere.
Credit: XIAOMI

Lei Jun highlighted the necessity for companies to uphold confidence in China's technological innovation and market potential amidst challenges. To bolster this belief, Xiaomi has committed to investing RMB 105 billion ($14.5 billion) in core technology R&D from 2021 to 2025, with RMB 30 billion ($4.2 billion) earmarked for 2025 alone. This substantial investment underscores Xiaomi's dedication to fostering innovation and sustaining its global competitive position.

 

  • Xiaomi CEO Lei Jun stresses corporate confidence and R&D investment importance.

  • Xiaomi to invest RMB 105 billion ($14.5 billion) in core technology R&D from 2021 to 2025.

  • RMB 30 billion ($4.2 billion) designated for R&D in 2025 alone.


Source: TECHNODE

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