MurrayBulwer
08-22

$XIAOMI-W(01810)$ Xiaomi is now considered an all-rounder. I saw an organization say that Xiaomi has formed three growth curves with closed-loop collaborative growth space. The first curve is personal devices, that is, mobile phones. The second curve is home smart devices, which corresponds to the AIOT business. The third curve is travel smart devices, automobiles and innovative businesses.

If you look closely at the financial report, you can see that Xiaomi actually disclosed the proportion of high-end mobile phones. The proportion of 3-4K; 4-5K; 5-6K price segments has increased. The high-end is an all-round breakthrough, but it cannot be said that it has completely established a firm foothold in the market. After all, the competition in the mobile phone circle is still too fierce. Especially after Honor went public, it is inevitable that various data will be compared. However, judging from the latest sales of folding screens, Xiaomi still has a greater advantage

In this quarter, the best-selling products of AIOT are tablets and large appliances. Although the shipment volume of wearable watches is also good, the overall profit that can be brought to Xiaomi is still relatively low. Xiaomi can continue to maintain breakthroughs in relatively high-gross-profit categories.

The simplest sentence for automobiles is that all problems can be solved by building up the scale.

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