Below are the Strengths in the SWOT Analysis of Xiaomi : 1. It is officially registered as Xiaomi Inc.whose headquarters are located in Haidian District,Beijing,China.It was founded on 6 April 2010 in Yingu Building by Lei Jun Bin,Zhou . Huawei also has a growing presence in Western markets, and it created, Huawei's new P9 is a 5.5" flagship device that stands out from the competition with a dual-lens camera co-developed with German optics and camera maker. Panasonic 8. This section covers SWOT Analysis, Competitors, Segmentation, Target Market, Positioning & USP of more than 2500 brands from over 20 industry sectors. A competitor analysis, also called competitive analysis and competition analysis, is the process of examining similar brands in your industry to gain insight into their offerings, branding, sales, and marketing approaches. Share. Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. The customer profiles must have some observable differences. This article has been researched & authored by the Content & Research Team. The weaknesses of a brand are certain aspects of its business which are it can improve to increase its position further. Tony Chen founded Oppo in 2001. Xiaomi case (First file attach) and related readings, your reactions and thoughts, including rise of Caogen culture after Deng's reforms and the related phenomenon of shanzhai ji and the related, and the role of social media in Xiaomi's innovation process. Here you can compare Xiaomi against its competitors across multiple fundamental and technical indicators. Correlation between Xiaomi Corp and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of Xiaomi and its corresponding peer move in tandem. For instance, they use their innovation feature to introduce innovative products other than just phones. Xiaomi was founded by a Chinese entrepreneur named Lei Jun in 2010 with its headquarters located in China. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition. Major suppliers for Xiaomi are located in Taiwan and over the years Xiaomi has gained loyal supplier and build up a strong supply chain that is one of the backbone to Xiaomis success. While that doesn't mean that the P9 can match the performance of a pricey Leica camera, it gives it luxury appeal -- something that Huawei is heavily emphasizing with a high-budget ad campaign starring Scarlett Johansson and Henry Cavill. 1. During the same period, Huawei's shipments rose 15% to 19.1 million, while its market share grew from 15.6% to 17.2%. The brand names and other brand information used in the SWOT Analysis section are properties of their respective companies. This website uses cookies to improve your experience while you navigate through the website. The opportunities for any brand can include areas of improvement to increase its business. Improve upon by increasing display size, and making phone lighter as compared to competitors, 2. When it was new in the market, the suppliers have a huge bargaining power over them as they were loyal to their old clients, but with time Xiaomi has developed a strong relationship with their suppliers and if we see the current situation the bargaining power of suppliers is very moderate. Following are the opportunities in Xiaomi Redmi SWOT Analysis: 1. Its popular mobile phone brands include Mi, RedMi, POCO. This category only includes cookies that ensures basic functionalities and security features of the website. IDC reports that Xiaomi's shipments in China fell 38% annually to. We will be applying the Porters five forces model on Xiaomi to analyze and study how these five external forces act on the company to affect its target market and competitiveness in the smartphones and electronics industry. Vivo 5. 2. The Dongguan-based company initially manufactured MP3 and MP4 players before pivoting toward mobile. can be threats. Leo Sun has no position in any stocks mentioned. Xiaomi Corp's competitive analysis is the process of researching and evaluating its competitive landscape. Ranked 468th, Xiaomi was the most youthful organization on Fortune Global 500 List of 2019. Xiaomi - statistics & facts Since its founding in 2010, Xiaomi has rapidly risen to the top of the ultra-crowded Chinese technology market and now counts itself among the leading consumer. Apple 2. Motorola Moto2. Horwitz, J. Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. View xiaomi Competitive companies.docx from FINANCE 501 at Lovely Professional University. If it isn't, you're working in the dark. Xiaomi's main competitors include Huami, Apple, Huawei, Meizu, Samsung Electronics, Ninebot, iRobot and HTC. This website uses cookies to improve your experience. Competitor Analysis merupakan sebuah cara untuk mengumpulkan, mengidentifikasi, dan membandingkan apa yang kompetitor kita lakukan. Apple fell to fifth place in China last quarter, according to IDC, after its shipments plunged 32% and left it with just 7.8% of the market. Because of this, Xiaomi has a very competitive marketing strategy and they claim that most of their customers reach them for their products information because of the hype created on social media and the power of word of mouth. In addition, you can, When running Xiaomi Corp price analysis, check to, Reduce portfolio risk simply by holding instruments which are not perfectly correlated, Find global opportunities by holding instruments from different markets, Screen CEOs from public companies around the world, Analyze and compare many basic indicators for a group of related or unrelated entities, All portfolio management and optimization tools to improve performance of your portfolios, Check basic technical indicators and analysis based on most latest market data, Find insiders across different sectors to evaluate their impact on performance, Get historical volatility and risk analysis based on latest market data, Use generated alerts and portfolio events aggregator to diagnose current holdings, Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk Xiaomi is one of the biggest high tech companies of China. This marks the first . Xiaomi reports also that in 2020, the Xiaomi MIUI Earthquake Alert had 29 earthquakes (above magnitude 4.0 on the Richter Scale) correctly detected, and made over 9 million alerts. The most interesting aspect of this . And all these Chinese companies are trying to capture their fair share of the international market, where Apple and Samsung are still the major players. Xiaomi Gaining Share At The Expense Of Rivals . Companies involved in manufacturing and maintenance of freight railroads and passenger trains as well as providing railroad services to public. length breadth and depth of Xiaomi's Xiaomi product line, and competitors' distribution systems. PESTEL analysis is a widely used strategic planning and management tool. . The market shares of Vivo and Oppo were 11.1 and 8.8%, respectively. Also if we see the barriers to entry in this industry, there are a lot of barriers to entry for new companies as it takes a huge cost to setup this kind of industry in the first place. Whirlpool 10. The threats in the SWOT Analysis of Xiaomi are as mentioned: 1. Xiaomi has 4 employees across 6 locations and 328.31 b in annual revenue in FY 2021. With the kind of success that Xiaomi have had in just a few years, it is clear that it has been successful in its industry and there are many reasons for why Xiaomi stands out in such a competitive technology world. But over the past three decades, Huawei expanded into telecommunications equipment, consulting services and equipment for enterprise customers, and mobile devices. COMPETITIVE ANALYSIS XIAOMI (7.49% market share) being fourth in global market share, has many competitors with Samsung being the biggest of them and the nearest toughest competitors are :- Samsung has a worldwide market share of 31.49%. Oppo launched its first feature phone in 2008, and its first smartphone in 2011. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. The electronics and software company has even earned the nickname Apple of the East due to its close imitation of Apple products and Apple product presentation. Lenovo 3. EMBA Pro Marketing Mix 4P Analysis for Xiaomi's Globalization Strategy and Challenges case study. The report also comprises discussions of Xiaomi marketing strategy, ecosystem and addresses issues of corporate social responsibility. In this SWOT analysis, we're going to take a look at the Strengths which make Xiaomi such a powerful player in the tech space. Certain weaknesses can be defined as attributes which the company is lacking or in which the competitors are better. While that doesn't mean that the P9 can match the performance of a pricey Leica camera, it gives it luxury appeal -- something that Huawei is heavily emphasizing with a high-budget ad campaign starring Scarlett Johansson and Henry Cavill. The following table illustrates Xiaomi SWOT analysis Strengths 1. Plot and analyze your portfolio and positions against risk-return landscape of the market. More than 20,000 people are employed with the company, 4. Huawei wasn't the only Chinese smartphone maker to surpass Xiaomi last quarter. 4 Upgrade to remove this ad. associated with market volatility, economic swings, and company-specific events. The content on MBA Skool has been created for educational & academic purpose only. When Xiaomi started offering the same quality of luxury brands to ordinary people, it helped the company compete at a lower cost level. Have you found what you were looking for? The rise of Huawei, Oppo, and Vivo is bad news for Xiaomi, but it's even worse news for Apple (AAPL -1.43%) and Samsung. Standing at rank four, Xiaomi competes against electronic manufacturing giants such as Apple, Google, and Microsoft. Analyze risk-adjusted returns against different time horizons to find asset-allocation targets, View fundamental data based on most recent published financial statements, Use generated alerts and portfolio events aggregator to diagnose current holdings, Find actively traded Exchange Traded Funds (ETF) from around the world, Quickly import all of your third-party portfolios from your local drive in csv format, Get analysis of equity chance of financial distress in the next 2 years, Avoid under-diversification and over-optimization by backtesting your portfolios, Check your current holdings and cash postion to detemine if your portfolio needs rebalancing, Analyze current equity momentum using Aroon Oscillator and other momentum ratios, State of the art Portfolio Manager to monitor and improve performance of your invested capital, Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets, Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk At a time when the smartphone market is increasingly saturated and competition is fierce, Xiaomi has been able to stand out from its rivals because . According to Canalys research report, in the Q3, 2018, Xiaomi's market share was 29.8% with an annual growth of 31.5%. The brand names and other brand information used in the SWOT Analysis section are properties of their respective companies. It is clear that Xiaomi intends to aggressively expand its product line to gain a competitive edge in the highly competitive global market. Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window). You decide to conduct a market analysis for your business. Samsung held a 18% market share, with Apple making up the top three with 14%. The opportunities for any brand can include areas of improvement to increase its business. The company's latest flagship, the R9, stands out from the competition by placing a 16-megapixel camera on the front screen for selfies. The report illustrates the application of the major analytical strategic frameworks in business studies such as SWOT, PESTEL, Porter's Five Forces, Value Chain analysis, Ansoff Matrix and McKinsey 7S Model on Xiaomi. . Besides this, Oppo and Vivo have a strong offline presence and have huge distribution network. Competitor analysis definition => identifying and evaluating your competitors, their strengths and weaknesses. In India, the sale of smartphones was around 1500, and that too within two seconds. Currently, Xiaomi ecosystem comprises 55 companies including 29 companies which were incubated from the ground up by Xiaomi. Xiaomi is a Chinese-based company and for a number of reasons, the brand has struggled to find acceptance in the western market. Its X1 was the world's thinnest smartphone at 6.65mm whenit was introduced in 2012 -- which is still thinner than Apple's iPhone 6s. Equipment, consulting services and equipment for enterprise customers, and competitors & # ;... 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