Lei Jun, the cofounder and CEO of Xiaomi, unveiled the company’s first electric vehicle on Thursday, marking the Chinese smartphone maker’s entry into the country's highly competitive EV market.

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.

Lei Jun may take his inspiration from the late Steve Jobs, but Xiaomi is not Apple. Net yet. In fact, it's not even close.

Xiaomi CEO Lei Jun has been called China's Steve Jobs. Now he's got his eyes on the EV market in ways Apple could never pull off. By: Kevin Williams May 31, 2024 at 10:00am ET Comment ...

The company's 2024 earnings, its first set of annual results as a bona fide carmaker, show that founder Lei Jun’s big EV bet is paying off. The company reported 365.9 billion Chinese yuan ($50.6 ...

Lei Jun, the billionaire founder of Xiaomi, rose from humble beginnings to global tech stardom. Born in Hubei, China, he created Xiaomi in 2010, transforming it into a leading tech brand.

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 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.

From the time he was a small boy, Lei Jun strived to get close to technology. Computers obsessed his every waking hour. But in the rural China of the early 1980s, his teacher father’s monthly ...