Xiaomi plans to beat Samsung to become No 1 smartphone brand in three years, but analysts say it faces hurdles

//Xiaomi plans to beat Samsung to become No 1 smartphone brand in three years, but analysts say it faces hurdles

Xiaomi plans to beat Samsung to become No 1 smartphone brand in three years, but analysts say it faces hurdles

Beijing-based Xiaomi faces multiple hurdles in pursuit of its goal to dethrone Samsung Electronics as the world’s largest smartphone vendor within three years, as US-China geopolitical tensions and cutthroat competition in the industry threaten its ability to target affluent Western consumers, according to analysts.Lei Jun, the founder and CEO of the Chinese brand, announced the ambitious plan in his speech on Tuesday night, when the company launched several new products including its flagship…

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By | 2021-08-11T13:30:13+00:00 August 11th, 2021|Technology|Comments Off on Xiaomi plans to beat Samsung to become No 1 smartphone brand in three years, but analysts say it faces hurdles