Xiaomi, five-year investment plan of 14 billion euros in R&D

The Chinese manufacturer has announced that it will double its investments in research and development over the next five years.

Xiaomi has become a brand that matters in recent years, but the Chinese company knows that it is not necessary to rest on its laurels to continue to grow and outpace the competition.

Xiaomi, five-year plan of 14 billion euros

Recently, the president and founder of Xiaomi -Lei Jun- announced that his company had plans to invest 100 billion yuan (or nearly 14 billion euros) in research and development over five years.

Xiaomi, already 22 billion euros

An upward revision - even doubled - since Xiaomi announced two years ago that this budget would be "only" 50 billion yuan. Since then, Lei Jun says that already 22 billion yuan has been invested, or more than 3 billion euros, in research and development.