Tim Culpan, Columnist

Xiaomi’s Wishful Thinking on Display in 5G Hopes

CEO Lei Jun needs to find a new driver of smartphone demand. His whole business model depends on it.

January 11, 2019 at 5:54 AM UTC

Tim Culpan is a former Bloomberg Opinion columnist covering technology in Asia. Previously, he was a technology reporter for Bloomberg News.

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Investors waiting for 5G to boost Xiaomi Corp.’s fortunes might as well take their money elsewhere.

Founder and CEO Lei Jun told Bloomberg News late Thursday that he expects the advent of next-generation wireless to energize demand for its smartphones: