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Xiaomi is 3.5 years old, currently only sells in China and in Chinese market it has already overtaken Apple in market share. I think comparing them to Apple on
by kkowalczyk 13y ago
Xiaomi is 3.5 years old, currently only sells in China and in Chinese market it has already overtaken Apple in market share.
I think comparing them to Apple on the basis of sold phones in China is justified.
Looking into my crystal ball, I further think that their strategy is so brilliant and their execution is so good that we're witnessing the rise of a new giant.
Give it 5 years and they'll be in the same league as Apple and Samsung on a world-wide basis, not just in China.