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Lu Weibing: The Storage Price Hike Cycle Will Definitely End, and the Industrial Landscape Will Be Reshaped
9 hour ago /
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Author：小编
On March 24, in response to the significant rise in storage costs by 2026, Lu Weibing, President of Xiaomi, stated during the earnings call that the coordinated development of Xiaomi's 'Smart Living Ecosystem' encompassing people, vehicles, and homes would help offset some of the impacts from rising memory prices. He predicted that the storage price hike cycle would eventually end, after which many categories would undergo industrial restructuring, and challenging external environments would spur opportunities for innovation.
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