Lei Jun said the phone giant Xiaomi needed to “slow down”

Jan 12, 2017

Xiaomi chief executive Lei Jun says mobile phone firm grew too quickly. Said the firm needed to “slow down”.

According to an article on bbc.com Xiaomi has intentionally slowed production of smartphones. There is a cuncurenta last. There are problems with suppliers. There are problems with patents. There are problems because momentum develops technology. However, Xiaomi consider it right to decrease production. It’s hard to believe it’s true. They can believed to have become more cautious in order to minimize losses. But I find it hard to believe that they wanted to intentionally produce fewer units. I’m missing something. Units unsold products that have occurred in the meantime other better models leaks. It produces less like to have smaller losses is something that benefits everyone. This is the message sent by Lei Jun.

Since launching its first phone in 2011, Xiaomi has expanded rapidly, with sales surging to 57.6 million by 2014, according to market trackers IDC. However, the privately-held firm only sold 39 million phones in the first nine months of 2016, while its share of the global market has slipped.

“Only by constant innovation will we be able to introduce breakthrough products in the intensely competitive high-end smartphone market,” said Lei Jun.

This statement made shortly after CES 2017 is a message for those who fear Xiaomi. Xiaomi plans to join the main producers high smartphone. It understood that the basic rules. He confirmed that he is capable. Follow the next stage. And it is only entitled to one shot.

By Tudor
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Website: Tudor