Xiaomi: It is expected to soon become the leader in the world technology scene.

H Xiaomi continues to increase its profits in the global market, and is expected to do so soon leader on the world technology scene.

Κat the 4th Business Conference held yesterday in China, o Lei Jun , gave a very interesting speech. He said that just nine years after Xiaomi was founded, investment in research and development last year amounted to 9 billion yuan ($ 5,8 billion).

What is more interesting is that the amount of investment this year will exceed 7 billion yuan ($ 1 billion), and Xiaomi is going to invest more than 10 billion yuan ($ 1,43 billion) in research and development next year. year.

Furthermore, also said that The company's insistence on investing means investing in the future, as only innovation can drive Xiaomi's progress.

In addition, we have learned that Xiaomi's revenue from international markets has reached 48% of its total revenue in the third quarter of 2019, and will soon exceed 50%. So it seems that Xiaomi has really established its position in the international market, and although there is a lot of room for growth, it is not far from becoming a global model company.

In fact, Xiaomi entered the market with economical and efficient smartphones, and over time, it became synonymous with cheap but good smartphones. But all that is changing very quickly in the business environment, and because of these changes, Xiaomi had to separate Redmi from the company's body in order to free it from stagnation.. 

Recently, Lei Jun stated that Xiaomi is a technology company focused on smartphones. But in fact, Xiaomi designs products for all categories, and although most of them come from other companies it works with and do not own, Xiaomi invests heavily in their business.

In this sense, Xiaomi is implementing a more prudent strategy and there is every reason to believe that it will soon become a global company in the coming years.

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