Xiaomi high performance, low cost smart phones pledge to take the China handset market by storm. The phone was released Q4 2011 and has since sold more than 500 thousand handsets. Also, Lei Jun angel invested some of China’s top internet companies i.e. UC Web, YY, VANCL.
Mr. Lei, joined Kingsoft Corporation Limited in 1992, and was appointed as the General Manager in 1998. Led by Mr. Lei Jun, Kingsoft was listed on the Hong Kong Stock Exchange on October 9th, 2007. In December 2007, Mr. Lei relinquished his position as CEO, CTO and President of the company, but remained as an Executive Director and Vice Chairman of the board.
Mr. Lei was co-founder and Chairman of Joyo.com, which was founded in April 2000 and sold to Amazon.com in 2004.
In December 2006, Mr. Lei invested in UCWEB as an angel investor.
Mr. Lei received numerous honors, including the "Chinese Internet Innovator", the best "Chinese Annual Angel Investor", one of the"Business Leaders with Influence in the Next 30 Years", the "Most Contributive Leader in Software Industry", and a "Elite People in Chinese Internet Industry".