Chinese companies are best known for replicating products from the West or Japan. However, the trend is fast changing as they build the Baidu’s, Alibaba’s and now Xiamoi. Xiamoi really caught our attention as they have no ordinary business model but have started executing on the vision – “Devices & Services” akin to that of Steve Ballmer, former CEO of Microsoft. Key executive team members have either worked Google / Microsoft.
Xiaomi claims to bring the most advanced smart devices with affordable prices to customers, and highlights the core competitiveness of offering great value-for-money, both for Mi-series and Redmi-series, at different price segments. Continue reading What Mobile Startups in India must Learn from Xiamoi’s Business Model ?