Xiaomi rumored to enter virtual reality and robotics business

Xiaomi fans are eagerly waiting for the Mi 5. Amidst the rumors of the Xiaomi Mi 5, it is heard that the company entering into Virtual reality and robotics business. Rumor has it that Xiaomi will expand its current portfolio and expand it to Virtual reality and Robotics this year.

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G for Games has revealed that Lei Jun, CEO at Xiaomi has revealed at a media briefing that Xiaomi will enter other businesses like Virtual Reality and Robotics in 2016. The company has also decided to build an R&D lab since it has already started investing in Virtual reality and Robotics.

While there are details about the kind of virtual reality products that Xiaomi will build. Rumor is ripe that the company will build VR headsets that can be used with its smartphones.

Several Mobile brands are venturing into the VR headset market for their mobile phones. These VR headsets can be paired with the smartphones for a great viewing experience. Robotics too is another area that several phone companies are looking at.

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VR and Robotics is something that the company is looking at in the near future. Smartphone business seems to be doing well for Xiaomi and has continued to be a revenue generating sector. However, Xiaomi has not launched any high-end smartphones and flagship phones. Xiaomi has limited itself to a more to a segment of affordable smartphones.

Xiaomi Co-founder Liwang Jian has confirmed that the company will announce the Xiaomi Mi 5 during the Q1 2016, Gizmo China has reported.

SOURCE