Lei Jun Archives - Page 4 of 5

Xiaomi Eco-Chain Opens 2017 Data: Sales Up 100%

Xiaomi eco-chain released its 2017 annual data on December 29, demonstrating sales in excess of 20 billion yuan – up 100 percent from 2016.

Mi 7 Concept Photo Revealed: Amazing Screen-to-Body Ratio, Fingerprint Recognition

Discount coupons valued for 100-yuan excited Xiaomi fans this week. The company released a series of Mi 7 concept photos on Weibo, which displayed a product that seemed impossible for Xiaomi to make. From the pictures, the concept of the Mi 7 is truly amazing.

Can Xiaomi Support its US $100B Valuation?

Xiaomi may be the most shining Internet company of 2017. Relying on Mi MIX 2 and eco-chain, the brand has won back fans and cultivated a good reputation. Xiaomi‘s mobile phone sales are back in the world’s Top 5 and it met a sales target of hundreds of billions yuan two months ahead of schedule. […]

NIO ES8 Released: ‘Xiaomi’ Enters the Car Industry?

Media were impressed with the 80-million-yuan lavish launch event for the ES8 in Wukesong Venue. There is no doubt NIO raised more investment and spent more money than any other automotive start-up in China. Since its establishment, NIO has raised more than US $2 billion.

Lei Jun’s Internal Letter: Youpin to be Independent as E-Commerce

Xiaomi‘s CEO Lei Jun announced that Youpin, once belonging to Xiaomi Internet of Things (MIoT) team, will become an independent e-commerce department in an internal letter on the night of December 12.

Xiaomi Sales Up Sevenfold During Third Year in India Market

Xiaomi‘s sales are up sevenfold in India since the company’s India branch became profitable in the fiscal year that ended in March 2017. Indian consumers appear to prefer the high quality and low price of Chinese smartphones.

Lei Jun at Snapdragon Summit: Xiaomi Eyes AI Tech, North America

Xiaomi confirmed it would be the first mobile phone manufacturer to release products based on Snapdragon 845 processor in China. Xiaomi said it also expects other “unique” products next year.

Xiaomi May Be Discussing IPO, Estimated Value $50B

Citing an insider, Bloomberg reported that Xiaomi is discussing its potential IPO with an investment bank and expecting a US $50 billion valuation.

Xiaomi Launches IoT Developer Program, Announced Cooperation with Baidu on AI

Xiaomi announced the launch of its IoT Developer Program and opened it on the morning of November 28. At the same time, Xiaomi reach cooperation with Baidu, and the two sides will jointly build the IoT+AI ecosystem.

Xiaomi to Invest $1 Billion in 100 Indian Startups

Xiaomi plans to invest $1 billion in 100 Indian startups during the next five years, focusing on the construction of its smartphone ecosystem, Xiaomi CEO Lei Jun said in an interview with India Livemint on November 20.

IDC: Xiaomi and Samsung Tie for India’s No. 1 Handset Maker

Xiaomi and Samsung both shipped 9.2 million mobile phones, each accounting 23.5 percent of the Indian smartphone market during Q3, IDC reported on November 14. The two are now tied for India’s top mobile phone brand. The news marks the first time Xiaomi has caught up with Samsung to become the top smartphone in India.

Xiaomi Flagship Opens in Shenzhen as White MIX2 Arrives Early

The world’s first Xiaomi flagship store opened on November 5 in Mixc Shopping Mall, Shenzhen. Lei Jun, founder and chairman of Xiaomi, was present at the ceremony with 11 Xiaomi partners and Xiaomi President Lin Bin.

Microsoft CEO Speaks at Xiaomi, Recieves Gift of Phone

Microsoft CEO Satya Nadella visited Xiaomi Corp. to speak on the morning of October 31. After Nadella’s talk, Lei gave him a Mi MIX 2 handset as a gift and accompanied Nadella in visiting the model Mi Home.

Lei Jun: Xiaomi Shipments Exceed 10M in October

Last night, Xiaomi CEO Lei Jun announced in Weibo Xiaomi‘s shipment volume exceeded 10 million units this month, setting another milestone after September’s 10-million unit shipment.

Xiaomi’s Products Won the Good Design Best 100

The Good Design Award judging panel announced that Mijia electric scooter won the Good Design Best 100 Award, which is one of the most valuable prizes of Good Design Award. Earlier this year, this scooter won Reddot Award 2017 Best of Best. Besides, Mijia LED intelligent lamp won iF Product Design Award and MIX won […]

Lei Jun says Xiaomi’s monthly smartphone shipment in Q4 will exceed 10 million

Lei Jun, Xiaomi’s founder and CEO, said in Weibo that the global shipment of Xiaomi’s smartphones exceeded 10 million and that the company aims at 10 million-odd smartphones shipment each month in the fourth quarter. “It is the first time Xiaomi shipped over 10 million smartphones in a month, which is a milestone for our […]

Xiaomi Released Full-screen Mix 2 for at least 3,299 yuan

In the afternoon of Sept. 11, Xiaomi released three products in Beijing, one of which is the highly anticipated full-screen second-generation product, Mix 2. The price starts at 3,299 RMB and the shipments start this Friday. Xiaomi CEO Lei Jun said that the Mix released last year by Xiaomi shook up the global tech media […]

Lei Jun says Xiaomi is a retail business and the goal is to be another MUJI

“I believe for most people, the “MI” brand is quite familiar. But few of them know Xiaomi well.” Lei Jun said so in a public speech on August 31. On August 31, at 2017 China Consumption Transformation and Upgrading Summit held by Shanghai International Business Conference, Lei Jun delivered a speech named Enhancing Efficiency is […]

Rap of China Brings About Marriage Between Culture and Capital

The average seasonal production cost for a network variety show in China is between 20 and 60 million yuan under the current market conditions. By investing 200 million yuan into a music talent show, iQiyi is taking quite a gamble. Why exactly did iQiyi set its eyes on such a non-mainstream reality show? A guitar […]

Xiaomi CEO Lei Jun: How Xiaomi Turned the Tables

Recently over 30 council members of the Yabuli China Entrepreneurs Forum (CEF) paid a visit to Xiaomi headquarter. The president of the forum, Chen Dongsheng, chaired this CEO seminar of ours entitled “Internet + Manufacturing Upgrades in China”. At the seminar, Xiaomi CEO Lei Jun shared with everyone Xiaomi’s business model, values, difficulties encountered during […]

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