Despite upbeat sales of the refreshed version of its Model Y SUV, Tesla is still stuck in the mud in its second-largest ...

Ferrari has promised to reveal its first ever EV next spring, having given us a look at the Elettrica’s (name still tentative ...

Chinese tech giant Xiaomi’s newly released artificial intelligence glasses are expected to reach annual sales of more than 5 ...

Both Xiaomi and its founder, Lei Jun, are big fans of Apple. The Chinese smartphone maker embraces Apple-like designs in its products and advertising, leading some to dub the company "the Apple of ...

Lei Jun checked out cars of various brands at the Guangzhou Auto Show in November.© Costfoto/NurPhoto/Getty Images To assemble a car at Xiaomi’s factory, more than 700 robots work in unison ...

Lei Jun is thought of by many as China’s Steve Jobs, minus the black polo neck. Photo: Reuters With such an impressive portfolio, Lei really could have decided never to work again.

Xiaomi said in a regulatory filing Wednesday that Lei Jun is receiving more than 636.6 million shares as a bonus for “his contributions to the company.” The stock is traded in Hong Kong.

Ladies and gentlemen, meet Lei Jun, the jeans-and-black-shirt-wearing billionaire founder of Xiaomi, China’s hottest smartphone company. And, if you believe Lei, the next Steve Jobs.

Ladies and gentlemen, meet Lei Jun, the jeans-and-black-shirt-wearing billionaire founder of Xiaomi, China’s hottest smartphone company. And, if you believe Lei, the next Steve Jobs.