Xiaomi spent more than $ 1.5 billion on R&D in 2020

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It is not enough for Xiaomi to simply lead the mobile device market – it wants to become a technology leader no worse than Samsung or Huawei. Therefore, the company spends huge resources on research and development work. As Lei Jun said today, more than $ 1.5 billion was spent on these purposes last year!

Xiaomi spent more than $ 1.5 billion on R&D in 2020

And this is not the limit – this year Xiaomi will increase the R&D budget by another 30-40%. Also, the head of the company announced his desire to hire about 5,000 more engineers this year. In the context of the discussion of R&D, Lei Zun noted that the extensive research and development activities made it possible to translate into reality such complex devices as the Mi MIX 4.

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