After dealing with di MIUI 11 and of the future Redmi flagship, Lei Jun returns to talk about the future of Xiaomi. In particular, the company's goal is to invest more in particular sectors, that is home automation e artificial intelligence. And it will do so over the next 5 years with a maxi-investment of well 10 billion yuan, or 1.5 billion dollars at the current exchange rate.
Large investments by Xiaomi to improve home automation and artificial intelligence
This decision is part of the will to obtain higher profits from the sectors in question, especially for a Xiaomi that has always claimed to not want to have large revenues from the sale of hardware, smartphone first. Obviously it is also a news that can only please investors, seen the important drop in the stock market right away.
But this also means good news for us, European public. Yes, because in the will of Xiaomi there is also the major expansion in Europe: and this will mean more products available in our country. The development of the AI and the domotics are not to be considered disconnected, indeed, since it will be more and more AI in smart home devices.
Currently this is possible thanks to XiaoAI, the voice assistant of Xiaomi who, however, still speaks too few languages to be able to aspire to get out of Asian borders. But it is also for this that there will be the aforementioned investments.
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