Xiaomi sees a 30 percent upside in revenue this year, founder says

Xiaomi (1810) may maintain a growth rate of over 30 percent this year after resuming rapid growth in 2024, its founder Lei Jun said. 

The success of the electric vehicle business has provided strong momentum for Xiaomi’s overall growth, Lei said at an event on Friday.

He revealed that Xiaomi will continue to increase its investment in the EV sector, focusing on driving technological innovation and product upgrades to further solidify its market position.

STAFF REPORTER