American multinational strategic consulting firm Boston Consulting Group, included Xiaomi in the list of “50 most innovative companies of 2022»
This is a direct recognition of Xiaomi's commitment to promote with its products, technological innovation and strengthen its capabilities in the field of research and development.
In particular, during the second quarter of 2022, Xiaomi's research and development expenditure reached 3,8 billion yuan, recording a increase by 22,8% compared to the previous year.
At the event held by Xiaomi last August for the launch of new products, Mr Lei Jun, founder – president and CEO of the Xiaomi Group, stated that the company's investments in its sector R&D, they had annual growth rate of 39,7% since 2017, while the amount to be spent by the company for 2022 is expected to reach 17 billion yuan and 100 billion yuan over the next five years.
The list ranking the most innovative companies is largely based on a survey conducted worldwide from December 2021 to January 2022, with more than 1500 executives of companies active in the field of innovation, participating in the evaluation process.
Note that the Boston Consulting Group has been publishing its annual innovation reports since 2003, while the list it has posted for 2022 also includes Microsoft, Alphabet, IBM, Pfizer, Coca-Cola and Tencent.
In any case, Xiaomi is building an ever-expanding technology ecosystem that includes smartphones, wearables, Smart Home devices, smart constructions, Smart electric vehicles and bionic robots, to better connect all people with the world around them and improve their lives.
Be that as it may, Xiaomi's ranking among the 50 most innovative companies in the world by Boston Consulting Group it's not trivial.
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