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I think viewing Xiaomi purely based on its smartphone sales is a bit shortsighted. I don't own a Xiaomi phone but I do have 3 Xiaomi air filters, several smart
by howlingfantods 11y ago
I think viewing Xiaomi purely based on its smartphone sales is a bit shortsighted. I don't own a Xiaomi phone but I do have 3 Xiaomi air filters, several smart plugs, wifi router, digital thermometer, digital scale, etc. When I buy a new TV, it'll certainly be a Xiaomi TV along with a Xiaomi router which allows me access to the Xiaomi streaming service. The stuff they're doing with smart home devices is probably what's going to drive their valuation in the future.
- Crito 11y agoThey have horrible brand recognition in the US. To most American consumers, they may as well be a no-name brand. I think it is safe to say that you are an exception of sorts. You've surrounded yourself with products from a company most people don't even know exists.
- pavlov 11y agoXiaomi doesn't make their products available to American consumers, so that's not surprising.
- howlingfantods 11y agoWell to be fair, I live in Shanghai. Xiaomi's valuation is based primarily on their business prospects in China.