Caixin
Jul 06, 2018 08:18 PM
BUSINESS & TECH

Xiaomi CEO Tries to Follow in Steve Jobs’ Footsteps

Xiaomi Corp. CEO and co-founder Lei Jun presents the company's Mi Mix 2S smartphone at a launch even in Shanghai on March 27. Photo: VCG
Xiaomi Corp. CEO and co-founder Lei Jun presents the company's Mi Mix 2S smartphone at a launch even in Shanghai on March 27. Photo: VCG

When Lei Jun was a freshman at Wuhan University in 1988, he read a book on Silicon Valley and how it had nurtured many leading high-tech entrepreneurs, including Apple Inc. co-founder Steve Jobs.

The current CEO of Xiaomi Corp., which aspires to become the Apple of China, was so impressed that he couldn’t sleep for several nights and had to walk around campus just to calm his excitement. Lei is likely feeling similar butterflies in his stomach this week, as his company on Monday will debut shares in Hong Kong in one of the world’s largest high-tech initial public offerings (IPOs) in years, despite a tepid reception from investors.

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