Xiaomi founder and CEO Lei Jun recently addressed all company employees, delivering a candid and forward-looking internal speech that addressed recent public criticism, future strategic goals, and the companyβs long-term visionβparticularly regarding automotive safety and chip development.
Lei began by acknowledging Xiaomiβs 15th anniversary, a significant milestone. However, he noted that the celebratory spirit was dampened by a sudden and serious traffic accident involving a Xiaomi SU7, which triggered a wave of public scrutiny. βWe were shocked. The level of criticism and doubt we faced was overwhelming,β he admitted. Despite achieving top safety scores in various authoritative evaluations, Lei said the incident revealed how public expectations for Xiaomi exceeded the companyβs expectations.

βWe used to see ourselves as newcomers in the automotive industry,β Lei said. βBut now I understand we can no longer think like a startup with Xiaomiβs current scale and influence. Society expects us to take on the responsibilities of a true industry leader.β
Addressing the companyβs future direction, Lei made a bold commitment: βWe aim to make Xiaomi cars the safest in their classβnot just compliant, not just industry-leading, but exceeding industry standards.β He emphasized that this goal requires rigorous internal standards and collective responsibility from every team member.

Lei also reaffirmed his public pledge on April 1st: βXiaomi will never shy away from problems.β Since the accident, Xiaomi has held numerous internal meetings to explore how to address issues and systematically improve corporate governance and product safety.
In a shift away from anniversary celebrations, Lei called for reflection on the companyβs past five years, pointing out Xiaomiβs consistent investment in core technology. βWe pledged over 100 billion yuan in R&D over five yearsβand we delivered,β he said, revealing that Xiaomi has already spent 105 billion yuan, with 30 billion yuan allocated for 2025 alone.

A significant announcement came toward the end of the speech: Xiaomiβs first self-developed smartphone SoC chip, the Xring O1, will be released later this month. Lei described the chip as the culmination of a decade of in-house development and a new starting point in Xiaomiβs pursuit of deep tech leadership. βBuilding chips isnβt just a strategic moveβXiaomi must become a true leader in hardcore technology,β he stated.

Reflecting on the companyβs growth since 2019, a particularly challenging year for Xiaomi, Lei quoted a line he once shared with supply chain partners: βAdversity reveals strength, and time reveals endurance.β He expressed confidence that Xiaomi today is much stronger than five years ago, underscoring the companyβs resilience and persistence.

βBack when we founded Xiaomi, I thought it would take 15 years for the world to understand us fully. Now I see that even 15 years may not be enoughβbut thatβs okay. Weβll keep going until weβve truly proven ourselves,β Lei concluded.

Source: Yiche