Xiaomi told why its technology has risen so much in price

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Lei Jun reveals his disappointments

Xiaomi Chairman and CEO Lei Jun gave a speech during which he stated that there are still many misunderstandings about Xiaomi from the rest of the world.

Xiaomi mobiles
Xiaomi mobiles

Xiaomi told why its technology has risen so much in price

The main misunderstanding: many still think that Xiaomi produces not just inexpensive devices, but also low-quality products. Lei Jun said that ten years ago, Xiaomi hoped to use the internet to solve the problem of poor quality Chinese products that were criticized around the world.

As a result, after ten years of work, many people think that Xiaomi is still at a low level, which makes me very sad.

                                                                                                                  -Lei Jun

The leader of the company noted that the release of more technologically advanced and at the same time more expensive devices, which in many ways are leaders, made Xiaomi products more recognizable and recognized throughout the world.

Lei Jun noted that the most expensive Xiaomi mobile phone this year, the Xiaomi Mi 10 Extreme Commemorative Edition, costs over $ 1,000, while the most expensive 98-inch Xiaomi Redmi Smart TV Max costs around $ 3,000, with both products being hugely popular.

Also, Lei Jun does not understand why the company is criticized for using OEM partners, because today it is a very popular production model that has been used by market leaders for a long time.

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