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!

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.
.

Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.