China: Xiaomi to launch more than ten 5G mobile phones next year - CEO at WIC

M/S Co-founder of Baidu Robin Li approaching lectern, sixth World Internet Conference, Wuzhen, Zhejiang Province
SOT, Robin Li, Co-founder of Baidu (Mandarin): "Basically everyone's words, behaviours and ways of thinking can be learned by the machine. So if we store people's thoughts nowadays, they will be able to communicate with people hundreds of years later. And we could also ask Mr Deng Xiaoping what he thinks about the current situation in Hong Kong."
W/S Li leaving
W/S Co-founder and CEO of Xiaomi Lei Jun approaching lectern
SOT, Lei Jun, Co-founder and CEO of Xiaomi (Mandarin): "I think 5G is becoming an accelerator of the development of digital economy. 5G is an important matter for the entire communications industry. And it is even more important for the entire Internet industry."
W/S Conference *CUTAWAY*
SOT, Lei Jun, Co-founder and CEO of Xiaomi (Mandarin): "In fact, consumer demand for 5G phones has exceeded our manufacturers' expectations. We plan to launch more than ten versions of 5G mobile phones next year, covering all the mid-range and high-end prices. As far as I know, our coteries are optimistic about 5G."
W/S Lei leaving
SCRIPT
Chinese smartphone manufacturer Xiaomi plans to launch "more than ten versions of 5G mobile phones next year," said the corporation's CEO Lei Jun. He spoke at the sixth World Internet Conference (WIC) in the Chinese town of Wuzhen in Zhejiang Province on Sunday.
According to Lei, the 10 versions of 5G mobile phones would cover "all the mid-range and high-end prices."
"Consumer demand for 5G phones has exceeded our manufacturers' expectations," said Lei.
He went on to say that 5G "is becoming an accelerator of the development of digital economy," adding that it "is an important matter for the entire communications industry" and "even more important for the entire Internet industry."
The theme of this year's conference is 'Smart, connectivity, openness and co-operation: jointly build a community of shared future in cyberspace'.
Representatives of major technology companies, including Alibaba Group, Microsoft and Huawei, are in attendance of the conference. Some 20 sub-forums will reportedly be held during the conference to address the future development of the Internet, including artificial intelligence (AI) and 5G.