National People's Congress Representative Lei Jun: We will continue to invest heavily in underlying core technologies
On March 6, Lei Jun, deputy to the National People's Congress and founder of Xiaomi Group, said that Xiaomi's long-term development strategy is the "people, cars and homes" full ecosystem. Xiaomi will continue to invest heavily in underlying core technologies and strive to become a global leader in the new generation of hard-core technology. "We have invested 105 billion yuan in R&D in five years. The huge R&D investment has brought about earth-shaking changes in Xiaomi Group. We are more determined to follow the path of technological innovation and high-end development, so that consumers can experience the good life brought by technology." Lei Jun said.