Quotes from the news wire:
China has set a clear precedent with nearly every other tech company that operating in the country comes with certain strings attached, including significant investment in China's tech sector.
Found on Reuters 8 years ago
The only way to win with an undifferentiated product is having a superior cost structure and scale, samsung did it, and now Huawei is doing it. 'Win' is all relative though, if you're making a couple of bucks in profit per phone.
Found on Reuters 8 years ago
Given that Xiaomi's valuation has always been based on the company being more than a commodity handset manufacturer, missing their services revenue goal by such a significant margin is even more concerning than missing their handset target.
Found on Reuters 8 years ago
Given that Xiaomi's valuation has always been based on the company being more than a commodity handset manufacturer, missing their services revenue goal by such a significant margin is even more concerning than missing their handset target, that said, the company did increase their services revenue per handset sold, so they are moving in the right direction. It's just a question of if they can move fast enough.
Found on Reuters 8 years ago
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