Xiaomi is a Chinese maker of consumer electronics and related software, home appliances, and household items. They’re the world’s № 2 maker of smartphones (behind Samsung). They’re posting record profits, investing heavily in startups, and now investing in their car ambitions; they’ve just bought—for about €65.5m—Beijing tech startup DeepMotion, founded by former Microsoft Research Asia…
Xiaomi Pours Money Into Automotive
