Lei Jun, chief executive officer of Xiaomi, speaks during a product launch for the Redmi Note 7 smartphone in Beijing, China, on Jan. 10, 2019. Photo: Bloomberg
Budget phone brand Xiaomi releases cheapest 5G phone at US$520, although Lei Jun still not happy
- Most brands have been launching 5G-enabled handsets ready for the global 5G market which Gartner forecasts will be worth US$4.2 billion by the end of 2020
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Lei Jun, chief executive officer of Xiaomi, speaks during a product launch for the Redmi Note 7 smartphone in Beijing, China, on Jan. 10, 2019. Photo: Bloomberg
