It’s secure to say that 2020 will likely be a 12 months of many adjustments within the smartphone market. Presently, Samsung and Huawei are competing to turn out to be the biggest smartphone makers on this planet.
Equally, Xiaomi has achieved important success within the first half of 2020, and can proceed to overhaul Apple because the third-largest smartphone maker.
Xiaomi’s inventory worth jumped $ 13 to $ 2.79, the very best stage since July 2018. The overall worth of the corporate is estimated at $ 65 billion.
Not solely that, Goldman Sachs; CITIC Securities; Founder Securities; CICC; Daiwa Corporations similar to Morgan Stanley and Citibank have additionally launched analysis studies saying buyers ought to make investments extra in Xiaomi. In line with them, Xiaomi is at the moment some of the promising corporations on this planet.
In line with the CICC, Xiaomi is nearly sure to turn out to be the third-largest smartphone maker subsequent 12 months, if not this 12 months. Within the second quarter of 2020, Xiaomi turned the third largest smartphone maker within the European market.
Nevertheless, there is no such thing as a denying that Xiaomi is making numerous smartphones and nearly each certainly one of them is successful.
Ref – Giz China