XIAOMI IS PREPARING TO INVEST IN THE INTERNET OF THINGS FOR FIVE YEARS

XIAOMI IS PREPARING TO INVEST IN THE INTERNET OF THINGS FOR FIVE YEARS

The next five years will see Xiaomi deeply committed to realizing its strategic plan, based mainly on two pillars: the …

The next five years will see Xiaomi deeply committed to implementing its strategic plan, based mainly on two pillars: the smartphone market and the internet of things, renamed A IoT (All Internet of Things) by the Chinese company. The announcement was made by the president and founder Lei Jun himself , during the annual corporate event. The household appliances business will be further strengthened in the supply chain and OEM sector, thanks to the now consolidated and fruitful collaboration with TCL Corp.

Xiaomi

Xiaomi

As for the smartphone market, mobile telephony always remains at the center of Xiaomi ‘s activities , with the difference that from this year Redmi will be an independent brand. Mi and Redmi will grow in parallel, where the former will focus on the production of mid-to-high-end mobile phones, while Redmi will keep the focus on entry level products at an affordable price, without sacrificing the quality we are used to. To meet the diverse needs of its customers , Xiaomi will continue its multi-brand strategy, which includes POCO , Black Shark and Meitu .

2019 will also be the year in which the Chinese company will continue to strengthen the markets of Europe and Latin America, continuing to expand its network of retail outlets and improving its online sales service.

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