Lei’s optimism contrasts with renewed worries that China’s EV sector is about to sink into another price war.

The CEO of Chinese smartphone maker Xiaomi has shared a 10-year plan to spend around $7 billion on designing its own chips.

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

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

Lei Jun, Xiaomi’s founder and chief executive, shared on his Weibo account that the YU7 launch event would also feature the introduction of the Xring O1 mobile chip and the new Xiaomi 15S Pro ...

But for Lei Jun, the billionaire founder of Xiaomi, this is real life. A viral video sweeping across social media this week has captivated netizens worldwide by juxtaposing two powerful moments ...

as CEO Lei Jun had earlier announced. Wang Hua, the head of Xiaomi's public relations department, said on his personal Weibo account that the launch date "had not been changed." Sign up here.

When Xiaomi unveiled its electric car to much fanfare in late 2023, CEO Lei Jun called the project his last entrepreneurial endeavor. Fifteen months later, Lei’s bet now seems like it might pay off.