While the Chinese sellers battle to make a gouge on US soil, they have all the earmarks of being flourishing in Europe. With about 33% of the piece of the pie being taken by the Chinese OEMs, Xiaomi is defining some driven objectives during the current year.
Xiaomi’s VP, Wang Xiang, said that the organization needs to triple its physical stores in Europe. At present, the producer is a couple of stores short of 50 and needs to go more than 150 before the finish of 2019. Furthermore, no big surprise. Xiaomi has seen some huge increases in the course of the most recent two years not just in the mid-range and low-end portion yet in addition in the top of the line an area. What’s more, Europeans, all in all, have enormous spending power.
The truth will surface eventually if Xiaomi will most likely achieve its objectives.