Beyond the Storm: Navigating the Uncharted Waters of the Post-Pandemic Corporate Landscape
As the storm of the pandemic begins to subside, corporate leaders face a landscape that has forever changed. The question …
March 30, 2021: -On Monday, Xiaomi launched a slew of new smartphones with one high-end device aiming at international markets as it looks to push into the premium segment and fill the void left by rival Huawei’s troubles.
The devices include Mi 11 Lite and Mi 11 Lite 5G, Mi 11 Pro, and Mi 11 Ultra.
On Monday, “Early last year, we started to move into the high range market,” Xiaomi CEO Lei Jun said at a launch event. I think we have found a foothold in the high-range market.
Xiaomi hopes to take advantage of some of Huawei’s smartphone market issues resulting from U.S. sanctions on the telecommunications equipment giant.
In 2019, Huawei was put on a U.S. Entity List, which restricts American firms from exporting technology to the Chinese company. Google had to cut ties with Huawei, which disabled the Chinese firm from using the Android operating system.
The U.S. maintains Huawei is a national security threat, a claim the Chinese company has repeatedly denied.
It has also faced U.S. scrutiny. The administration of Trump designated Xiaomi a Communist Chinese military company (CCMC), which restricted American investors from buying shares or related securities of Xiaomi.
Xiaomi, Oppo, and Vivo all experienced double-digit smartphone shipment growth in the fourth part of 2020, according to Canalys. Xiaomi was the third-biggest smartphone maker by market share in the same period.
“Xiaomi is doing well to fill to the void left by Huawei in low-to-mid segments in Europe, Latin America,” Shah said.
“The premium segment is still up for grabs. While Samsung and Apple are very well positioned to capture these volumes, OnePlus & Oppo should be better beneficiaries”, Shah added.
Shah said that Xiaomi’s Chinese rivals ramped up marketing and distribution investments overseas.
As the storm of the pandemic begins to subside, corporate leaders face a landscape that has forever changed. The question …
In the ever-evolving symphony of corporate dynamics, a new movement has emerged, reshaping the traditional …
Workplace culture has evolved beyond the superficial allure of ping-pong tables and casual Fridays in the ever-shifting landscape …
In the grand orchestration of corporate strategy, a new conductor has taken the stage, wielding algorithms instead …
In the pulsating heartbeat of technological evolution, a virtual reality revolution is unfurling, beckoning us to reimagine the very essence …
In the grand theater of corporate endeavors, where success is not merely measured in profits but in the harmonious achievements of inspired teams, what if I told you …
The landscape of enterprise Linux distributions has witnessed significant developments recently, with Red Hat …
In a significant development within the satellite communications industry, Luxembourg-based SES has agreed to acquire …
Contrasting trends have emerged in the financial markets in the lead-up to the highly anticipated Federal Reserve meeting …
A widespread recall has been issued for approximately 85,984 pounds of sliced prosciutto ham distributed to retail locations …
Leave us a message
Subscribe
Fill the form our team will contact you
Advertise with us
Fill the form our team will contact you