In a recent live broadcast in China, Xiaomi’s CEO Lei Jun announced that Xiaomi will no longer make cameras and will focus on making cars. Xiaomi used to produce the compact Xiaomi YI M1 MFT mirrorless camera and two lenses:
"YI Technology was originally backed by Xiaomi, but split off from Xiaomi in October 2016 and dropped the "Xiaomi Yi" branding. The YI M1 is a consumer-level camera designed and made in China. It has a 20MP Four Thirds sensor, 3'' 1.04M-dot touchscreen LCD, and an 81-point Contrast Detect AF system."
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Here is a 4k 20MP mirrorless MFT interchangeable lens camera with 12-40mm lens for $150
YI M1 mirrorless Micro Four Thirds camera US pricing revealed
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Source: Weibo
