(Yicai) July 9 -- Chinese smartphone giant Xiaomi has started up and begun mass producing handsets at its CNY2.4 billion (USD330.2 million) next-generation smart plant in Beijing.

“This should be considered one of the most advanced mobile phone factories in China,” Xiaomi founder and Chief Executive Lei Jun said on Weibo yesterday.

Located in the city’s Changping district, the 81,000-square-meter factory can produce 10 million of Xiaomi’s flagship phones a year, Lei said, adding that the plant is highly automated and most of the equipment was developed by Xiaomi itself.

The factory has 11 phone production lines and some for vehicle electronic parts, he said. The Xiaomi Mix Fold 4 and Mix Filp, scheduled for release this month, will be made there.

Intelligent robots will do most of the work at the plant, which will run 24 hours a day, turning out as many as 30,000 handsets a day, Xinhua News Agency reported previously. Beijing-based Xiaomi plans to bring all production lines on stream by the end of this year, with a total annual output value of CNY50 billion to CNY60 billion (USD6.9 billion to USD8.3 billion).

Xiaomi now has two smart factories up and running in Beijing. The other makes cars in Yizhuang in the city’s Daxing district.

Editor: Martin Kadiev