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Xiaomi targets expansion in connected devices, global smartphone market

Friday 11 January 2019 | 11:57 CET | News

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Xiaomi has outlined its strategy going forward at its annual party in Beijing, saying it will have two core areas: smartphones and AIoT (AI + IoT). The company will invest CNY 10 billion in AIoT in the next five years, in order to grow further its base of 132 million connected devices, founder and CEO Lei Jun said. 

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Categories: Mobile & Wireless
Companies: TCL / Xiaomi
Countries: World
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