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XIAOMI-W's President Lu Weibing: R&D Investment Estimated at ~RMB40B by 2026
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Lu Weibing, Partner and President of XIAOMI-W (01810.HK), announced today (17th) that XIAOMI-W will invest RMB200 billion in R&D over the next five years, with the long-term goal of becoming a global leader in hardcore technology, according to Cailian Press. Specifically, this year, XIAOMI-W's R&D investment is expected to reach RMB32-33 billion, with an estimated investment of around RMB40 billion by 2026. AASTOCKS Financial News Website: www.aastocks.com |
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