07/16/2021, Lei Jun, co-founder of Xiaomi Corp., donated $2.2 billion in Xiaomi stock to charity,

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Lei Jun, co-founder of Xiaomi Corp., donated $2.2 billion in Xiaomi stock to charity, joining other Chinese technology executives in philanthropy amid increased scrutiny on the industry. This follows the announcement that Xiaomi Corp. has surpassed Apple as the world's second largest smartphone manufacturer in the last quarter, thanks to an 83 percent increase in shipments, according to preliminary Canalys estimates. Sumsang is still the largest with 19% share, Xiaomi had 17% and Apple had 14%.

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