Lei’s bet now seems like it might pay off. At a Tuesday event in Beijing, the Xiaomi CEO suggested that the company’s EV ...

Lei Jun – the 55-year-old Chinese entrepreneur transforming Xiaomi into a technology conglomerate covering smartphones, ...

Xiaomi Corp. founder Lei Jun expects its year-old EV business to turn profitable in the second half, a milestone for the ...

In a Monday post on Chinese microblogging site Weibo, Lei wrote that Xiaomi achieved the milestone as of April after spending 13.5 billion yuan and deploying 2,500 research-and-development (R&D ...

Xiaomi boss Lei Jun said his company would start making its own mobile chips. He said his company was ready to spend billions of dollars on chip design over the next decade. It's an approach that ...

Xiaomi boss Lei Jun is ready for his company to emulate Apple's approach to chip design.AP Photo/Ng Han Guan Xiaomi boss Lei Jun said his company would start making its own mobile chips.