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Only Apple and Samsung sell more smartphones worldwide. The company also peddles a vast array of devices that connect to its ...
Lei Jun may take his inspiration from the late Steve Jobs, but Xiaomi is not Apple. Net yet. In fact, it's not even close.
Despite upbeat sales of the refreshed version of its Model Y SUV, Tesla is still stuck in the mud in its second-largest ...
When Xiaomi unveiled its electric car to much fanfare in late 2023, CEO Lei Jun called the project his last entrepreneurial endeavor. Fifteen months later, Lei’s bet now seems like it might pay off.
Lei Jun, chairman and CEO of mobile company Xiaomi, is now a billionaire worth $1.5 billion due to the soaring valuation of his Chinese phone company.
Lei Jun’s share change was a corresponding operation to cooperate with the additional issuance. And it did not involve any reduction or increase in his own shares.
Lei Jun said “It has been 9 years since I made a mobile phone. When it comes to Xiaomi mobile phones, the first thing that everyone thinks about is high-cost performance.