Lei Jun admits that Xiaomi is not as good as apple, Samsung and Huawei, but it is also doing well

category:Finance
 Lei Jun admits that Xiaomi is not as good as apple, Samsung and Huawei, but it is also doing well


Xiaomi made the four most important functions at that time, such as calling, texting, address book and desktop, and set up a forum to recruit volunteers to brush up.

What moved us was that 100 users were willing to take a huge risk to brush up on MIUI, the 100 dream sponsors we are familiar with.

Bet with Dong Mingzhu

In his speech on the 10th anniversary, Lei Jun also talked about the 1 billion bet with Dong Mingzhu. He said: we have done a lot of stupid things, such as gambling with Dong Mingzhu.

In 2013, we were selected as Chinas economic person of the year. The director told us backstage, can you be more lively? I said, yes, lets have a bet with Dong Mingzhu. Ill bet one dollar on whether Xiaomis revenue can exceed Grees in five years?

But as soon as he came to power, Dong Mingzhu changed the gambling contract between the two sides to one billion yuan. I was deceived at that time. Why didnt Mr. Dong follow the script? The billion yuan will certainly become a social topic.

In five years, Xiaomi rose from more than 20 billion yuan to 174.9 billion yuan, an increase of 8 times. However, Grees revenue increased from 120 billion yuan to 1980 billion yuan, an increase of 60%. Finally, Xiaomi still lost.

Whats more dramatic is that in the second year after the end of the bet, Xiaomis revenue exceeded Grees.

Highlight moment of Xiaomi

In the year when Xiaomi entered the top 500, Lei Jun once said: I started to start a business as soon as I graduated from university. I especially envied Lin bin. They had the opportunity to work in the top 500. Now they are finally able to work in the top 500. We have to have a good time.

Lei Jun showed the changes of Xiaomis revenue in the past 10 years. Now Xiaomi ranks 422 in the top 500. In 2019, the total revenue reaches 205.8 billion yuan, and the adjusted net profit is 11.5 billion yuan. In 2020, the R & D investment is expected to exceed 10 billion yuan.

According to Lei Jun, Xiaomi has been selected into the worlds top 500 for two consecutive years. But Xiaomi is always compared with the old world 500. Apple, Samsung and Huawei. I admit that Xiaomi is not as good as them today, but Xiaomi has done a good job. As a 10-year-old boy, Xiaomi has many shortcomings, but we should see more flash points.

In his opinion, what he is most proud of is not listing and being selected into the worlds top 500, but promoting the popularity of smart phones and accelerating the take-off of mobile Internet; driving the reform of 100 industries and making a large number of entrepreneurs; and Xiaomi has also changed the fate of many people.

Beipiao millet, not only selected in the worlds top 500, but also has a house in Beijing. In July 2019, Xiaomi science and technology park officially opened. For this reason, Lei Jun specially sent a micro blog: Beipiao, struggling for more than nine years, finally bought a house! Eight buildings, 340000 square meters, with a cost of 5.2 billion yuan.

To make manufacturing

In the 3-hour speech on the same day, Lei Jun also released three Super Cup products, including Xiaomi 10 supreme commemorative edition, Hongmi redmik30 supreme commemorative edition with ultra-high cost performance, and Xiaomi transparent TV. In addition, Xiaomi ecological chain product No. 9 go kart Pro Lamborghini auto customized version was also released at the meeting.

Xiaomi intelligent factory also met with you for the first time in this speech. According to Lei Jun, Xiaomi intelligent factory in Yizhuang, Beijing, is the product of Xiaomis Internet enabled manufacturing industry. With a total construction area of 18600 square meters and an investment of 600 million yuan, it has become an intelligent black light factory. The so-called black light factory can realize the whole process automation of production management process, mechanical processing process and packaging, storage and transportation process.

According to Lei Jun, on the basis of continuing sincere cooperation with the OEM, Xiaomi will deeply participate in the manufacturing industry, not only developing a large number of high-end equipment, but also designing and completing a fully automated high-end mobile phone production line. The transparent version of Xiaomi 10 supreme commemorative version released by this activity is produced by the factory. Lei Jun said that in the next decade, intelligent manufacturing will further boost the rise of Chinese brands. Xiaomi industrial fund has invested in more than 70 semiconductor and intelligent manufacturing companies. What Xiaomi will do in the future is manufacturing to help more manufacturing enterprises realize intelligent manufacturing. Source: observer.com editor in charge: Chen Hequn_ NB12679

According to Lei Jun, on the basis of continuing sincere cooperation with the OEM, Xiaomi will deeply participate in the manufacturing industry, not only developing a large number of high-end equipment, but also designing and completing a fully automated high-end mobile phone production line. The transparent version of Xiaomi 10 supreme commemorative version released by this activity is produced by the factory.

Lei Jun said that in the next decade, intelligent manufacturing will further boost the rise of Chinese brands. Xiaomi industrial fund has invested in more than 70 semiconductor and intelligent manufacturing companies. What Xiaomi will do in the future is manufacturing to help more manufacturing enterprises realize intelligent manufacturing.