Xiaomi just announced on its official Weibo account that it plans to invest $1 billion in online video content to support its smart television ecosystem. The investment will be overseen by two Xiaomi executives who have considerable experience building online content. They are Chen Tong, the former editor-in-chief of news portal Sina.com, who Xiaomi hired away last month, and Wang Chuan, the director for Xiaomi’s smart TV products, including the Mi TV and Mi Box.
Xiaomi is investing $1 billion into online video content
Keep reading
More Two Takes
