Huawei and Xiaomi, two mobile handset suppliers, are key contributors to the upward trajectory of China’s electronics industry, but the two took quite different paths to get to where they are. Huawei has pursued a conservative, almost stodgy growth strategy, but current events are forcing it to become expansive, and do it quickly. Xiaomi is as ambitious as its competitors, but lacks influence; it has had to adopt a more freewheeling attitude just to survive.
How did they get that way, and where do they seem to be heading?
The 10-year period between 2005 and 2014 was a golden decade during which China’s mobile phone cottage industry rapidly sprang up. China gave birth to many new startups, all gunning for the mobile phone market.
Fast-forward to 2020: Players in the mobile industry have narrowed down to only a handful — namely Huawei, Xiaomi, Oppo, and Vivo. They emerged as China’s four mobile phone giants competing in the global market.
As smartphone technology development exploded, Huawei/HiSilicon has rapidly ascended from a niche player to a 5G mobile chip powerhouse that could compete with Qualcomm.
The rise of China’s mobile phone is a microcosm of China’s prowess in terminal production and chip development. China now ranks among the leading suppliers of technology in the global market.
Source: Huawei vs. Xiaomi: How Two Giants Fueled China’s Growth | EE Times