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Xiaomi just overtook Samsung's market share in China. It sells cheaper priced phones with similar specs. Samsung's margin was hurt because of that. Xiaomi is
by ww520 12y ago
Xiaomi just overtook Samsung's market share in China. It sells cheaper priced phones with similar specs. Samsung's margin was hurt because of that. Xiaomi is expanding internationally. Samsung's margin will be further eroded.
It's like the war of the clones back in the PC days, where Compaq the clone leader was cobbled by other better priced clones when all the clones had essentially the same feature.
- bhouston 12y agoMy prediction: Xiaomi is only two years away from a serious entrance into the North American or European market and that entrance will be very disruptive for the existing market players, just like it has been in other markets that Xiaomi has entered.
- seanmcdirmid 12y agoXiaomi can't really enter western markets until its designs are more original, otherwise they would be sued out of existence. It will be interesting to see if and how they manage that transition. Also, Xiaomi is not a very good value. Meizi provides better quality for a similar price if you are into the low end.
- NicoJuicy 12y agoXiaomi releases models in Europe...