The latest news comes from one of the giant Chinese tech companies, Xiaomi. The reason is in an interview, the CEO of Xiaomi said that his company plans to stop the production of 4G phones by the end of this year.
In an interview conducted by Xinhua, Lei Jun The founder and Xiaomi revealed several future plans for his company, one of which is the plan to stop production of 4G phones at the end of 2020. According to the CEO, in the future Xiaomi will focus more on researching 6G networks and the development of satellite internet.
In fact, this signal has been shown by Xiaomi and Redmi, which since the beginning of this year the two brands have tried to launch various new smartphones, and almost all of them have 5G network connectivity.
All according Lei Jun, Xiaomi’s plan to stop production of this 4G phone temporarily only applies to its home market, China. Meanwhile, for emerging markets like Indonesia, both Xiaomi and Redmi will still launch a series of new phones in the future.
According to him, 5G will revolutionize the telecommunications industry with more applications such as 4K / 8K video conferencing, cloud gaming (game streaming) and autopilot. Currently, Xiaomi and Redmi have started launching more 5G devices to face this era.
The reason why Xiaomi stopped the production of 4G phones
Perhaps you can guess, one of the factors that led Xiaomi to take this decision was none other than the corona virus outbreak that hit China some time ago. As a result of this incident, the company’s supply chain was disrupted, which impacted the company’s finances.
Xiaomi is even said to have subsidized factories up to 250 million yuan to increase production of 5G phones this year. Therefore, the company is taking steps to stop production of 4G phones at the end of this year and focus more on producing 5G-capable phones in the future.