Chinese smartphone maker Xiaomi Corp plans to launch more than 10 5G phones in 2020
Xiaomi founder and CEO Lei Jun attends a product launch event of Xiaomi Mi9 Pro 5G in Beijing, China September 24, 2019.
Lei’s remarks come as the company faces intense competition in its home market from rival Huawei Technologies. Last month Xiaomi launched the Xiaomi Mi 9 Pro, the company’s first 5G-enabled phone for the domestic market. “People in the industry fear that next year 4G models won’t sell, this is a step you have no choice but to take,” Lei said. “So we hope that operators can speed up their expansion of 5G base stations.”
In the second quarter of 2019, Xiaomi occupied 11.8 percent of China’s smartphone market, down from 13.9 percent one year prior according to research firm Canalys.
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