Xiaomi is building a 5G Factory which can produce 60 Smartphones every Minute

At the 2019 World 5G convention which kicked off in Beijing earlier today, Xiaomi’s CEO Lei Jun revealed that the company is currently building a huge 5G factory that’s highly efficient and automated. In his keynote speech at the event, he revealed that this future 5G factory has the ability to manufacture 1 million smartphones in a month.

The Xiaomi factory, currently being built in the Beijing Economic and Technical Development Zone, will have a vast 5G network inside. With the help of automated production lines and big data, the factory will be able to manufacture 60 smartphones per minute, which will be a staggering 60% more output than traditional factories. The factory’s construction work will be finished by December 2019 and soon it will be churning out nearly a million Mi flagship smartphones in a month.

Lei Jun further added that 5G will give a fresh boost to the declining smartphone industry next year. And Xiaomi is betting big on 5G. The company has a strong IoT + 5G strategy for the coming years and plans to release at least 10 5G smartphones in 2020. In fact, all Xiaomi smartphones that cost over $300 in China will support 5G, confirmed the company executive last week. It’s IoT strategy is also going strong with Xiaomi selling 5.55 million IoT devices in this year 11/11 Singles Day sales, a solid 148% increase as compared to last year.