Old but Relevant-Xiaomi's 5 Year Plan - $1.5M on Smart Homes
$XIAOMI-W(01810)$I am a fan of Xiaomi. 1st post. Tks for reading.While this is an old news, I think still relevant based on the 5-year plan. I would consider adding position during this retracement. It continues to dominate market share and will lead and further innovate in the coming years.__Xiaomi plans to plough at least 10 billion yuan, or $1.48 billion, into the so-called “AIoT” sector over the next five years, founder and chief operating officer Lei Jun announced on Friday.AIoT, short for “AI + IoT,” is an upgrade from devices connected to the internet, known as the Internet of Things. AIoTs are intelligent, run on automated systems and can learn from users’ habits, like lights that automatically turn on when you get home.“We see a f