$XIAOMI-W(01810)$ Some say Xia

Some say Xiaomi’s revenue ceiling will reach 1 trillion yuan in the future. But let’s think about it carefully. Take the automotive sector, for example. If the top five players have a threshold of over 5 million units sold—this is the current landscape. But according to Lei Jun, the future will be a winner-takes-all competition. Who knows, that threshold might even rise to 10 million. Just in cars alone, the revenue could reach 2 to 3 trillion yuan. Add in smartphones, home appliances, and other sectors, and we might be looking at a future ceiling of 4 to 5 trillion.

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