During Xiaomi's 15th anniversary strategic new product launch conference, Lei Jun proudly announced that Xiaomi's mobile phone market share has consistently ranked third globally for an impressive 19 consecutive quarters. Over the past five years, the company has achieved significant breakthroughs in various fields, including automobiles, chips, and smart factories. Initially, Xiaomi had planned to invest 100 billion yuan in research and development over a period of five years, but this figure has now been increased to 102 billion yuan. Furthermore, the company anticipates that its research and development investment will reach 30 billion yuan by 2025.
