200 billion in R&D expenses, averaging 40 billion per year, this density is impressive.

Mars Finance News, May 21 — In an interview after the launch event of Xiaomi YU7 GT, Lei Jun said that over the past five years, Xiaomi has invested 1055 billion yuan in R&D, achieving breakthroughs in areas such as chips, large models, intelligent manufacturing, and robots. He noted that Xiaomi’s strategy is very clear, with core technologies centered on chips, OS, and AI, to support a full-ecosystem of intelligent terminals spanning vehicles, homes, and people. In the next five years, the company plans to invest at least 2000 billion yuan in R&D. “Please give Xiaomi another five years—after five years, Xiaomi will definitely take another big step forward.” (Wide-angle observation)