Lei Jun Unveils Ambitious Plan: An Additional 200 Billion Yuan in R&D Investment Over the Next Five Years
5 day ago / Read about 0 minute
Author:小编   

In a post, Lei Jun revealed that back in 2020, Xiaomi formulated a technology - centric strategy. As part of this plan, the company intended to pour 100 billion yuan into research and development (R&D) over a span of five years.

After putting in five to six years of relentless effort, Xiaomi has indeed reaped some remarkable achievements. Nevertheless, Lei Jun firmly believes that it's still imperative to keep ramping up R&D investment. Only in this way can the company forge ahead and create products of even higher quality.

With this vision in mind, Xiaomi has set its sights on investing an extra 200 billion yuan in R&D during the upcoming five - year period.