Xiaomi spent $10 billion on R&D last year – to increase by 30-40% in 2021

Lei Jun

Founder and CEO of Xiaomi, Lei Jun held a talk with Mi Fans earlier this evening. At the event, Mi Fans asked how much Xiaomi will invest in research and development this year? Lei Jun responded that Xiaomi invested $10 billion in research and development last year. In 2021, Xiaomi will continue to maintain high investment in technology research and development. According to lei Jun, the company’s expenditure will rise by 30-40%. This means that it will spend $13 billion to $14 billion this year.

Xiaomi Mi MIX 4

Lei Jun also stated that the company will continue to recruit engineers. This will be the main focus for Xiaomi. In 2021, he expects another 5000 engineers to join Xiaomi’s network. In addition to R&D, Lei Jun also revealed that the Xiaomi Mi MIX 4 will launch this year. Furthermore, there will be a Xiaomi Tablet this year, probably the Xiaomi Mi Pad 5. 

Gizchina News of the week

According to Lei Jun, there will be more ceramic and other craft designs this year. The Xiaomi Mi MIX 4 may be one of many ceramic Xiaomi phones to hit the market this year. In all, we will have to wait a few months to find out what the Mi MIX 4 will offer.

MIX series has been out for two years

Before now, Xiaomi released two flagships annually, one in the digital series early in the year and another in the MIX series later in the year. However, since the release of the Mi MIX 3 5G in May 2019, the company has not released any other phone in this series. The Xiaomi Mi MIX Alpha that was announced in September 2019 never hit the market. Obviously, it is not a device for the public – it is scaringly expensive anyway.

Read Also:  Xiaomi 13 bags BIS certification ahead of its upcoming India launch

Recall that the Mi MIX 4, MIUI 13, and Mi Note 11 recently appeared in the HTML code of the official European MIUI website (miui.com). However, since then, there has been no report on these devices. At present, there is very little news about the Mi MIX 4. Although a blogger once released an alleged real image of the Mi MIX 4. However, the authenticity of the image is not very high. Thus, it is mere speculation and nothing more. After the 4G version of Xiaomi Mi MIX 3 in October 2018, we had the 5G version in May 2019. Since then, there has been no report on the MIX series. The Mi MIX 4 will be the fourth product in the Mi MIX series. At present, netizens are very enthusiastic about the Mi MIX4.

Source/VIA :
Previous New major sale for the LIECTROUX C30B robotic cleaner
Next Twitter Will Bring Data Analysis Tasks to Google Cloud