Seth Fiegeman

At Xiaomi, the workers, an independent survey showed that they were working 11 and a half hours a day.

So you're talking about almost 60 hours a week that they were working.

And Wang seemed to be one of the workers who was going even beyond that at this point.

Of course, there's a lot at stake here.

They're competing for leadership in AI, in chips, in electric vehicles, et cetera.

And there's a lot of money at stake.

When you look at the most valuable, the wealthiest people in the world, they're all tech entrepreneurs, led by Elon Musk, of course.

But you've got Larry Ellison and Jeff Bezos in there, too.

There's a lot of money at stake.

There's also geopolitical advantage.

And Xiaomi was pushing very hard to make this pivot into electric vehicles.

I think I've done enough.

You certainly ask interesting questions.

It's quite interesting.

They normally in the last half a decade or so since the beginning of COVID haven't really given guidance.

But for this holiday quarter, they're back to that.

So they said that the quarter would grow 10 to 12 percent.

That's the current quarter of the holiday period.

And that comes in anywhere between around one hundred and thirty five to one hundred and thirty nine billion.

Typically, when they've given guidance in the past, they've been conservative.