$XIAOMI-W(01810)$ Lately, there's been a lot of buzz around Xiaomi's venture into the automotive industry, particularly with Lei Jun at the helm. I've been watching quite a few related videos on short video platforms, and it's gradually helping me understand Lei Jun's strategic thinking behind Xiaomi's operations over the years. After the setbacks with zhuoyue website and Kingsoft, Lei Jun believed he wasn't any less capable than others; the key difference lay in the unfortunate timing of zhuoyue's failure and Kingsoft not being an internet platform-oriented company. So, when Lei Jun foresaw the rise of mobile internet as the next big thing, he decided to enter the market through smartphones, aiming to transform Xiaomi i