At the 2019 World 5G convention which kicked off in Beijing earlier today, Xiaomi’s CEO Lei Jun revealed that the company is currently building a huge 5G factory that’s highly efficient and automated. In his keynote speech at the event, he revealed that this future 5G factory has the ability to manufacture 1 million smartphones in a month.

The Xiaomi factory, currently being built in the Beijing Economic and Technical Development Zone, will have a vast 5G network inside. With the help of automated production lines and big data, the factory will be able to manufacture 60 smartphones per minute, which will be a staggering 60% more output than traditional factories. The factory’s construction work will be finished by December 2019 and soon it will be churning out nearly a million Mi flagship smartphones in a month.

Lei Jun further added that 5G will give a fresh boost to the declining smartphone industry next year. And Xiaomi is betting big on 5G. The company has a strong IoT + 5G strategy for the coming years and plans to release at least 10 5G smartphones in 2020. In fact, all Xiaomi smartphones that cost over $300 in China will support 5G, confirmed the company executive last week. It’s IoT strategy is also going strong with Xiaomi selling 5.55 million IoT devices in this year 11/11 Singles Day sales, a solid 148% increase as compared to last year.

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(Via)

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