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Midea Group Chairman Fang Hongbo: Xiaomi's Entry into Home Appliances Signals Strategic Misstep
2025-05-30 /
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Author：小编
During the shareholders' meeting on May 30, Fang Hongbo, Chairman of Midea Group, observed that Xiaomi's decision to venture into the home appliance industry has strategically positioned it at a disadvantage. This observation sheds light on the competitive dynamics within the home appliance sector and highlights Xiaomi's strategic positioning and the challenges it faces in this domain.
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