Xiaomi and Redmi have been launching new smartphones every month in different markets since the beginning of 2020. Most of their new handsets in China are 5G capable. According to the company’s CEO, it will stop making 4G smartphones for its home country by the end of this year. The Chinese tech company has also started pre-research on 6G along with the development of satellite internet.
Lei Jun, the co-founder and CEO of Xiaomi was recently interviewed by Xinhua, in which he revealed some of his company’s future plans. He also mentioned the difficulties faced by them due to COVID-19 pandemic.
According to him, 5G will revolutionize the industry with applications like 4K / 8K video conferencing, cloud gaming (game streaming), and auto-pilot. Thus, Xiaomi / Redmi has been launching 5G handsets to ramp up the adaptation.
Unfortunately, the coronavirus outbreak in China affected the company’s supply chain severely. Due to which, it was out of 5G handsets in warehouses. This made Xiaomi subsidize factories for 250 million Yuan to increase the production of 5G smartphones. Also, it is planning to halt manufacturing of 4G handsets in China by the end of 2020 to spend more resources on 5G devices.
Xiaomi will be focussing more on mobile and AIoT, which it revealed last year. Also, it will work with the Chinese government to build disaster warning systems and other public service systems relying on 5G technology.
Last but not least, Xiaomi has also begun pre-research on 6G as well as satellite internet technology.
UP NEXT: Xiaomi, Alibaba and Baidu dominate the falling Smart Speaker market in China
(Source)
