Xiaomi plans to open more then 20000 physical stores over the next five years to make it easy for customers to purchase spare parts.
Apple stated that it would allow its customers to repair their phones. This was not slow or lazy. XiaomiThey chose to follow the same strategy.
This decision comes as no surprise, as Chinese technology has always used the apple as an inspiration source, with the goal of making the consumer the main focus at all times.
At the moment this possibility is thought in India and the objective is that the idea of ”do it yourself” ends up impacting the competition, and thus offer this experience to the user.
The sales of XiaomiThey increased in the third quarter, but not as much as the company anticipated. This was due to the fact that the company suffered a noticeable slowdown due to its competitors’ regaining relevance as well as the lack of chips.
Revenues rose by $ 12.2Billion or 8.2 percent. This is well below the 64% growth rate for the previous months.
Wang XiangPresident of Xiaomi, Xiaomi, said that the problem caused by the lack of chips would continue into the fourth quarter, but that it will start to decline in 2022.
Problems in the supply chain have caused more than a third loss of value.
XiaomiIt will open more than 20000 physical stores over the next three year to compete with its rivals and also make it easier to purchase new equipment as well as spare parts for older models.
According to experts, Xiaomi’s outlook for the next year is positive, with 220 million smartphone shipments expected by 2022. This growth will be driven by the economic recovery in emerging countries and the expansion on the market.
We are not talking about just telephones, but the possibility that the company could enter the electric car industry.