China’s largest smartphone vendor Xiaomi has recently set up a Communist Party Committee within the company, according to news coming out of the country. While state owned companies and public organizations like schools, hospitals and other public organizations are required to have a party committee by decree, even private internet companies like Baidu and Sina in recent times have jumped onto the bandwagon and set up such groups.
The report was released by the Beijing Haidian district government, and mentions that the committee was established on June 19 at the company’s HQ in Beijing’s Haidan district, and the ceremony was attended by Beijing municipal officials as well as representatives from the Haidan district government. Xiaomi is a privately held enterprise with over 8,000 employees, 104 of whom are members of the country’s ruling communist party.
In the inaugural meeting of the party committee, Deputy Secretary-General of Beijing Municipal Committee Liu Yuhui, Haidian District Vice-Minister of the Organization Department of Municipal Party Committee Zhang Ge, Deputy Secretary Liu Changli and the chairman of the company Lei Jun were present along with the new party secretary Liu.
As for Xiaomi, the company is slated to release its next generation flagship smartphones, the Mi5 and Mi5 Plus later this year. The company has also announced a “Jaw Dropping” event in India on Tuesday, June 30th, and speculations in the Indian media suggest it is either the launch of the Mi Note Pro or a significant price-cut on the Redmi Note 4G. The later suggestion will make sense, now that the Redmi Note 2 is well on its way, and with Lenovo and Elephone having launched their K3 Note and the P8000 respectively at very similar price points. We’ll just have to wait and find out what happens. It is just a few hours away after all.