Is Xiaomi as good as Apple?

Basically the success of Xiaomi comes from the price-quality ratio between its products. They are known for being of good quality and having a good price. The operating system that uses the devices of Xiaomi is Android, a system that for many users is even more permissive than Apple’s iOS system.

Is Xiaomi copying Apple?

But Barra remained firm in his original statement that Xiaomi doesn’t copy Apple. Plus, Xiaomi already sells more phones in China than Apple does and poses a very real threat to Samsung, the largest smartphone maker in the world, because its Android phones do pretty much the same thing but cost half as much.

Why is xiaomi so successful?

Specifications: One of the biggest reasons for success is Specifications. The company is providing high-quality specifications such as camera quality, processor, memory, display and many more. 3. MIUI: Xiaomi has created its monopoly by creating a high-quality user interface.

Did Samsung really copy Apple?

Apple had expressed gratitude to the jury for agreeing “that Samsung should pay for copying our products.” The company said in a statement, “This case has always been about more than money.” It further added, “Apple ignited the smartphone revolution with iPhone and it is a fact that Samsung blatantly copied our design. …

Is Xiaomi a successful company?

Accelerating its growth rate, Xiaomi transformed into the world’s largest consumer IoT (Internet of Things) firm by 2020, with its revenue surpassing $37 billion and more than 210 million IoT devices (excluding smartphones and laptops) sold across more than 90 countries.

How Xiaomi promote their product?

Xiaomi Promotion & Advertising Strategy: Xiaomi promoted its products by selling high specs at lower price to markets where technology savvy people could not afford high spec products from Xiaomi competitors. They have distinguished themselves by building a strong following around their custom operating system.

How is Xiaomi’s business model different from Apple?

“I think Apple is a great company, they do a lot of technology innovation. We are doing the same, but our model is different,” Xiang Wang, Xiaomi’s global senior vice president and head of international business, told CNBC at its Beijing headquarters. “We want to sell as low as possible, instead of at a premium price.”

Is Xiaomi the Apple of China?

Xiaomi is often referred to the “Apple of China”. Just how accurate is that? To better answer this question, lets first understand Xiaomi. I went through their prospectus and below are some of the things that stood out on their business model, financials and strategy.

Is Xiaomi better than Apple iPhone?

In terms of the data storage of their smartphones, Xiaomi is a lot more generous with data storage. For much more storage and comparing it with the price of the Apple iPhone, it would be a no-brainer to buy the Xiaomi. Although, the integration aspect is one to strongly consider before just abandoning ship.

How did Xiaomi grow so fast in China?

The ‘Apple of China’ expanded into 80 new markets in four years. Here’s how Xiaomi grew so rapidly Creating premium smartphones and selling them at low price points is what made Xiaomi find success throughout China, and the same strategy would later be its secret to winning over India’s consumers.

https://www.youtube.com/watch?v=64IdPtrqMfs