Lei Jun: Xiaomi Plans to Invest at Least 200 Billion Yuan in R&D Over the Next Five Years

On May 21st, during an interview after the Xiaomi YU7 GT launch event, Lei Jun shared with the media that over the past five years, Xiaomi has poured 105.5 billion yuan into R&D, making breakthroughs in areas like chips, big models, smart manufacturing, and robotics. He emphasized that Xiaomi’s strategy is crystal clear: building on core technologies like chips, OS, and AI to power a full ecosystem of smart terminals connecting people, cars, and homes. Looking ahead, the company plans to invest at least 200 billion yuan in R&D over the next five years. “Give us another five years,” he said. “I promise you, Xiaomi five years from now will be on a whole new level.”