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China’s Xiaomi to Invest Nearly $28 Billion in Core Tech R&D Over Five Years

By Gonwo Times

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China's Xiaomi to invest almost $28 billion

Chinese electronics powerhouse Xiaomi has announced a major R&D push, pledging 200 billion yuan (about $27.8 billion) toward core technology development through 2030. The move is aimed at strengthening Xiaomi’s in-house capabilities and reducing its dependence on external suppliers.

Lei Jun Unveils the Roadmap
Founder and CEO Lei Jun detailed the five-year investment plan at a Beijing launch event. He highlighted that the funds will fuel breakthroughs in critical areas—most notably semiconductor design, next-generation mobile processors, artificial intelligence, and 5G connectivity.

Spotlight on Semiconductors and New Products
A significant portion of the R&D budget will go into Xiaomi’s self-developed Xring01 mobile chip, marking the company’s push to master its own processor technology. The announcement coincided with the debut of Xiaomi’s first electric SUV, underlining how Beijing-headquartered Xiaomi is aligning heavy R&D spending with rapid product diversification.

Aiming for Long-Term Independence
With global competition intensifying in automotive tech, AI, and mobile hardware, Xiaomi’s five-year roadmap is designed to secure technological self-reliance and cement its status among China’s top innovators. Industry watchers believe this bold bet on R&D could reshape Xiaomi’s trajectory in both consumer electronics and emerging tech sectors.

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