Spinee wrote a post · Nov 30, 2023 22:16

XIAOMI R&D Investments Chart 38.4% CAGR in Past 5 Yrs: Lei Jun

$XIAOMI-W(01810.HK)$ 's founder, chairman and CEO Lei Jun remarked that CAGR of the company's R&D investments reached 38.4% over the past five years.

In 2022, XIAOMI-W invested RMB16.2 billion in R&D efforts and the figure is anticipated to climb to RMB20 billion in 2023. Lei added that the company will invest more than RMB100 billion in technology R&D in the next five years.

$KraneShares CSI China Internet ETF(KWEB.US)$ $Core Assets of North Bound Fund(BK1305.HK)$ $Hang Seng H-Share Index ETF(02828.HK)$ $Hang Seng Index(800000.HK)$ $Huawei Hongmong(BK0795.SH)$ $Apple(AAPL.US)$

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