Hard to say if it's just a moment, one of the lowest for what concerns the mobile technologyor if this decline will continue over time but reality now tells us this business has had a collapse of 17% only in China. There are many reasons, but two factors have influenced the most: the so-called duty war and the saturation of the smartphone market. Xiaomi it is among the companies that is suffering most even if it does not seem: there is talk of losses for 14 billions of dollars. The continuous products that churns are not synonymous with economic well-being also because, fortunately, it does not only produce mobile devices and it is probably this factor that saves it compared to other companies. So to recover from this situation What are Xiaomi's next investments? 1,5 billions of dollars in AI and IoT. As we know the areas in which it is engaged Xiaomi they are diversified thanks to the numerous sub-brand that has "taken": we go from vacuum cleaners to light bulbs, from kitchen robots to those for cleaning. But above all, as he likes to define it Lei Jun, Xiaomi "is an internet company".
Upcoming Xiaomi investments? 1,5 billions of dollars in AI and IoT
From an interview with the famous press agency Bloomberg, il CEO of Xiaomi Lei Jun explains what the company's future moves are. To cope with this moment of crisis the company's investments will shift more and more (but without abandoning smartphones) on the internet front and in particular AI and IoT: we are not new to these terms because we have been talking about it since before 5G technology that will bring a nice revolution in technology. Moreover we use l'artificial intelligence every day since most of the cameras of our Xiaomi devices are provided.
In any case, i investments intended for this sector 1,5 billions of dollars will be raised over the next five years. Big figures but that are nothing compared to the amount of money that this type of technology can produce compared to what they cost upstream: the goal in fact, as he says Lei Jun, is to bring out more money from reinvest, from an industry that compared to the production of smartphones, it is less expensive.
"Now it's time for action. We all agree on AIoT "
he said referring to the combination of artificial intelligence and the so-called ecosystem of devices connected in the smart homes. However he did not explain the details of the planned investment plan. What he is doing Xiaomi it is nothing but a sort of plan for amortize today's losses waiting for the smartphone market resume a tomorrowIn fact, the CEO himself has admitted that he is confident in the recovery from the moment of placing on the market 5G technology. The tech that will come, he says, will enter with arrogance in the daily life of every user di smartphone collecting an unimaginable amount of users and data, which translates into simplistic terms means "money".
The challenge of Xiaomi then tells the one hand the concern of all the world's largest manufacturers of mobile devices, but on the other reassures us that a better moment will come.
But Redmy Note 7 can cut walnuts)))
https://youtu.be/BzKCUCGoOLQ
The data is ours and the money must be made to them?
Xiaomi go on!
I also recommend to watch this video: Redmi Notes 7 durability ninja test https://youtu.be/f9p87QeKoEg