Xiaomi’s Phase 2 Smart Factory Expected to Produce 10 Million High-End Mobile Phones Per Year

(Source: Sina) 

At the opening ceremony of the Global Digital Economy Conference on August 2, Lei Jun, founder, chairman and CEO of Xiaomi, said that the second phase of Xiaomi’s Smart Factory is expected to be put into operation by the end of 2023, with an annual output of 10 million high-end smart phones and an annual output value of 50-60 billion yuan.