Ο Lei Jun, its co-founder and CEO Xiaomi Technology, resigned as chairman of an additional subsidiary company
Ο Lei Jun, leaves the Xiaomi Electronic Software Company, which is a part of it Airstar Digital Technology, a company that caters to consumer financial activities such as digital payments and digital wallets.
This is the second major move by the Xiaomi executive in the last six months. Last April, Lei Jun also resigned from Xiaomi Youpin – the company's e-commerce platform for lifestyle products.
But apart from him Lei Jun, will also resign Lin Bin, who was its director Xiaomi Electronic Software Company, but both will continue to keep the block of shares they own.
Ο Lei Jun is reportedly shifting its focus from Smartphone technology to electric vehicles. In fact, a week ago Jun himself stated Xiaomi's ambitious plans for electric cars.
At the moment there are over 1.000 people who work in the R&D department for electric cars, and Jun's expectations, is the first Xiaomi EV vehicle to be on the market in two years.
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