Chinese smartphone maker Xiaomi Corp will invest more than 50 billion yuan ($7.1...
FILE PHOTO: The logo of Xiaomi is seen inside the company's office in Bengaluru, India, January 18, 2018. REUTERS/Abhishek N. Chinnappa/File Photo
Xiaomi Chief Executive Lei Jun made the announcement in a letter posted on the company’s social media account on Thursday, but did not provide specific investment details. The announced investment increases Xiaomi’s pledge made last year to invest 10 billion yuan over five years in an “All in AIoT” strategy.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Former NBA Commissioner Stern dies at age 77Former National Basketball Association (NBA) Commissioner David Stern, who overs...
Read more »
Want to invest in 2020 but don't know where to start? Robo-advisers make it cheap and easy - Business InsiderManaged portfolios, also called robo-advisers, are investment accounts where you are assigned a professionally designed portfolio based on your goals.
Read more »
I Said Yes to My Kids For an Entire Day, and This Is What HappenedI've already decided I'm going to do it again next year.
Read more »
7 Reboots/Remakes/Revivals That Are Definitely, Probably Coming in 2020These R/R/Rs are coming next year with 100 per cent certainty, probably.
Read more »
I opened a high-yield savings account to pay for my wedding the week I got engaged, and liked it so much we quickly opened anotherWhen we got engaged, I immediately started mapping out all of the major goals we had for the next five years and the estimated amount of money needed to afford them
Read more »