Xiaomi's Lu Weibing: an additional nearly 200 billion yuan will be invested in research and development in the next five years.

On the evening of February 28, the Xiaomi 17 Series global launch event was held in Barcelona, Spain. Lu Weibing, partner, president, and president of the mobile phone department of Xiaomi Group, introduced that as the world's leading consumer-level AIoT platform, our global AIoT connected device has now exceeded 1 billion. In terms of research and development investment, he also stated, "From 2026 to 2030, an additional investment of 24 billion euros will be made in core technology fields."