Lei Jun, the chairman and chief executive officer of Xiaomi Corp, speaks during a product launch for the Redmi Note 7 smartphone in Beijing on January 10, 2019. Photo: Bloomberg

Xiaomi founder Lei Jun earned almost as much as the company last year but pledged to donate it to charity

  • Xiaomi’s annual adjusted net profit for 2018 was 8.6 billion yuan (US$1.3 billion)
Topic |   Xiaomi

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Lei Jun, the chairman and chief executive officer of Xiaomi Corp, speaks during a product launch for the Redmi Note 7 smartphone in Beijing on January 10, 2019. Photo: Bloomberg
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Xiaomi founder, chairman and chief executive Lei Jun speaks at the launch ceremony of the firm’s new flagship smartphone, the Mi 9, in Beijing on February 20, 2019. Photo: Reuters

Xiaomi rebounds with 13.5 billion yuan annual profit, targets greater international expansion

  • Beijing-based firm was one of the few companies in the smartphone industry to maintain high growth in 2018
Topic |   Xiaomi

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Xiaomi founder, chairman and chief executive Lei Jun speaks at the launch ceremony of the firm’s new flagship smartphone, the Mi 9, in Beijing on February 20, 2019. Photo: Reuters
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