Source: China – South China Morning PostChinese tech firm Xiaomi, which has an ambitious plan to become the world’s No 1 smartphone brand within three years, has denied reports it is trimming 10 per cent of its payroll amid ongoing investments in electric vehicles (EVs) and high-end phones.Xiaomi, which employs more than 31,000 people, has “never conducted any lay-offs” since its incorporation in Beijing in 2010, a company spokesperson said on Wednesday, adding that it has about 4,000 job openings.Reports have circulated on social…Read More