Comparison of Xiaomi Corporation with Peer Companies and Analysis of Its Investment Advantages

Abstract

With fast emerging leading technology and fast growing dynamics Internet industry, all the fierce competition has shown up strongly in global Smartphone and Technology Hardware market in great competitive pressure. Being focused on smartphones, smart hardware and complete IOT ecosystem platform, Xiaomi has to continue its growth, innovation and progress in such fierce competition. With fast emerging leading technology and fast growing dynamics Internet industry, all the fierce competition has shown up strongly in global Smartphone and Technology Hardware market in great competitive pressure. Being focused on smartphones, smart hardware and complete IOT ecosystem platform, Xiaomi has to continue its growth, innovation and progress in such fierce competition. The article introduces Xiaomi from various perspectives, first illustrating Xiaomi’s corporate situation, including corporate history, strategic orientation, businesses and products. Through a comparative analysis between Xiaomi’s competitive strengths and weakness and those of other leading companies in its same industry, it outlines Xiaomi’s strengths and conveys the advantages in the areas of smartphones, IoT (internet of things) and smart home devices, diversified Internet services. Furthermore, several innovative and constructive measures can also be taken, based on foresight of Xiaomi’s development trends, helping sustain its continued technological innovation and competitiveness against competitors.