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Lei Jun Affirms Xiaomi's Stance Against Internal Competition and Price Wars
3 week ago /
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Author：小编
On June 3, Lei Jun, the visionary founder of Xiaomi Group, made a clear announcement at the investor conference. He emphasized that Xiaomi stands firmly against internal competition and will refrain from engaging in price wars. Furthermore, Lei Jun disclosed Xiaomi's intentions to venture into the automotive chip industry in the near future. Notably, he clarified that the pricing strategy for Xiaomi's YU7 standard edition will not simply involve a 20,000 yuan markup over the SU7 model. Looking ahead, Lei Jun expressed optimism that Xiaomi's emerging business segments, including automobiles and chips, are anticipated to reach break-even point sometime between the third and fourth quarters of this year.
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