Lei Jun responds to Xiaomi's accusation of lacking core technology: Xiaomi's 5G standard patents rank among the top ten in the world

News from this site on November 30. On the afternoon of November 29, as an outstanding alumnus of Wuhan University, Lei Jun, founder and chairman of Xiaomi Technology, appeared at the school celebration. In addition to announcing that he would donate 1.3 billion yuan in cash to support the development of his alma mater, he also announced that he would donate 1.3 billion yuan in cash to support the development of his alma mater. He also took the stage and delivered a speech.

In his speech, he once again responded to issues such as "Xiaomi has no core technology". He said that overall, Xiaomi is indeed following the Compared with the world's top technology companies, there is still a certain gap. But as a company that has been around for 13 years, Xiaomi’s investment and strength in R&D are still quite strong. For example, he said that even in 5G standard patents, which are considered to be Xiaomi's least expertise, Xiaomi has achieved good results - patents account for 4.1%, and it has entered the top ten in the world.

Lei Jun said: "This field is the strength of communication equipment manufacturers. It requires long-term accumulation and precipitation, and it takes many years of hard work to achieve success. Even so, in the "5G Standards Necessary" issued by the China Academy of Information and Communications Technology In the "Ranking of Global Patent Family Enterprises with Valid Patent Statements", Huawei ranks first in the world with a share of 14%, while Xiaomi's patent share reaches 4.1%, ranking among the top ten in the world."

Lei Jun also emphasized that he had also been troubled by misunderstandings. Later I figured it out, There is no need to worry, the key is to look at your own growth.

In other words, we expect 13-year-old Xiaomi to perform well in comparison with giants such as Apple, Samsung, and Huawei. This is a high demand for us. However, growth requires step by step. We need to continuously increase investment in research and development and improve our strength to win the trust and recognition of consumers.

Lei Jun reported a set of data to the audience in his speech: In the past five years, Xiaomi's R&D investment has grown at a compound annual growth rate of 38.4%. Xiaomi's R&D investment in 2022 is 16.2 billion yuan, and is expected to reach 20 billion yuan in 2023. In the next five years, Xiaomi will continue to invest more than 100 billion yuan in technology research and development.

What is the level of 16.2 billion yuan? In September this year, the National Bureau of Statistics, the Ministry of Science and Technology, and the Ministry of Finance released the "Statistical Bulletin on National Science and Technology Fund Investment in 2022". In 2022, the national R&D investment will be 3.07829 billion. Xiaomi’s R&D investment has accounted for 0.53% of all R&D funds in the country, including central enterprises, state-owned enterprises, universities, research institutions, and private enterprises.

Lei Jun said that in addition, the 1.3 billion yuan in cash they donated is mainly used in three directions: to support basic research in the six major disciplines of mathematics, physics, chemistry, literature, history and philosophy, to support technological innovation in the computer field, and support the training of college students. Lei Jun’s purpose is to allow China to cultivate more engineers, scientists and technology entrepreneurs, so that more companies like Huawei, Xiaomi, BYD, and CATL can emerge in China.

The full text of Lei Jun’s speech has been posted on Lei Jun’s personal website Official account, this site attaches the original text: "Lei Jun: My path of scientific and technological exploration, speech at the Luojia Forum for the 130th Anniversary of Wuhan University".

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