On March 5, Lei Jun, a delegate to the National People's Congress and the founder of Xiaomi Group, commented on the current market situation. He noted that the escalating demand for artificial intelligence (AI) technologies has triggered a sharp spike in memory chip prices. This surge, he emphasized, has placed considerable strain on the mobile phone industry. Furthermore, Lei Jun mentioned that Xiaomi is committed to implementing a range of strategies aimed at reducing the challenges consumers face when purchasing mobile phones.
