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Economy

Will Xiaomi’s Positive Momentum Continue in 2021?

Source: http://www.sandalwoodadvisors.com/will-xiaomis-positive-momentum-continue-2021/

2020 was a great year for Xiaomi. As a starter, its solid online channels helped absorb the negative impact from Covid-19. Its new models (many featuring 5G at a steep discount vs. T1 players) outperformed the old ones which speaks volumes about the company’s strength in innovation. Furthermore, Xiaomi benefited from consumers shifting away from Huawei.

Looking ahead, will Xiaomi continue its strength in 2021? How popular will the new models like Redmi K40 and Mi 11 Pro be?

Sandalwood data tracks Xiaomi’s China online sales, market share, and performance of new models. See below trends captured by Sandalwood ahead of the street with data up to Dec 2020.

To learn more about the data behind this article and what Sandalwood has to offer, visit http://www.sandalwoodadvisors.com.

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Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.

DATA PROVIDER SPOTLIGHT

ETR Research

ETR is a primary technology market research firm, capturing real-time evaluations and spending intentions from thousands of enterprise-leading technologists.

For almost 10 years, Global 2000 corporations have trusted ETR’s proprietary technology research to capture real-time market activity. ETR produces market research through standardized surveys and round table discussions, not analyst opinions – our data driven approach quantifies the narrative driving the technology landscape. Marketing, Investor Relations, Corporate Strategy and Corporate Venture Capital teams no longer need to rely on anecdotal evidence to make business decisions. Vendors covered in our surveys gain mindshare among global IT leadership & gain key insights into navigating their competitive landscapes.