World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Group
Xiaomi's model of selling online comparable models to the iPhone near cost
06/08/2015
Xiaomi has in the four years since its start in 2011 gained 13.7% market share in China, only 1 percentage point below Apple and passing Samsung at 9.7% (for 1st quarter 2015, source: IDC). It does not incur marketing costs by selling online and generating user interest through its fan clubs. Contract manufacturers provide phones of high quality, often using the same parts used in iPhones. Xiaomi focusses on design and software. A 64 gigabyte Mi Note Pro from Xiaomi costs 2999 yuan or $489 in China, compared to Apple 64 gigabyte Apple iPhone 6 at over twice the price at 6088 yuan, and the Samsung Galay S6 at 5288 yuan 76% above the Mi Note Pro. By offering similar quality features at these prices Xiaomi has particularly hurt Samsung sales in China.
Grouped Articles
Xiaomi, China’s New Phone Giant, Takes Aim at World
Wall Street Journal 06.08.2015
Samsung Profits Hurt by Smartphone Price Declines
Wall Street Journal 07.30.2015
Hugo Barra Outlines Xiaomi’s Ambitious Plans
Wall Street Journal 08.05.2015
Apple Stock Reacts After Tim Cook Email Praises China Sales
New York Times 08.24.2015
In China’s Smartphone Battle, Huawei Catches Up to Xiaomi
Wall Street Journal 10.23.2015
Apple iPhone Sales Grow at Slowest Rate Ever
Wall Street Journal 01.27.2016
Apple: Forget Peak Oil, What About Peak iPhone?
Wall Street Journal 01.27.2016
Apple Says Sales of iPhones Have Slowed
New York Times 01.26.2016
Apple’s Stalled Revenue Growth Puts Focus on Prices
Wall Street Journal 01.28.2016
China Sales Slide Eats Into Apple Revenue
Wall Street Journal 04.28.2016
Apple: What Will Make the Stock Tick Again
Wall Street Journal 05.04.2016
Apple Petitions to Sell Refurbished iPhones in India
Wall Street Journal 05.06.2016
For Apple’s iPhone 7, China Is a Challenge
WSJ 09.08.2016
Two SIM Cards and Better Selfies: How China’s Smartphones Are Taking On Apple
WSJ 06.07.2017
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us