Search
Pan Jiutang, a partner in Xiaomi's Industrial Investment Department, asserts that truly exceptional companies embrace the competition posed by Xiaomi. The "catfish effect" he references spurs companies in the mobile phone and IoT sectors to enhance their focus on user needs. Within the automotive industry, Xiaomi has opted to directly challenge the high-end electric vehicle market, competing head-on with overseas brands. Some industry bloggers have observed that the automotive sector is already feeling the pressure exerted by Xiaomi, anticipating a yearly increase in Xiaomi's car sales that could potentially impact the market share of emerging automakers. Nonetheless, these bloggers also caution that Xiaomi will encounter even greater challenges in the years to come.
-
C114 Communication Network -
Communication Home
