Xiaomi has been a hot topic lately. It must be said that the Chinese market offers powerful smartphones that are unbeatable. However, the rising giant does not earn much money on his phones and has even promised to generate only 5% margins! It was during the presentation of the Xiaomi Mi 8 (and its many variations) in Shenzhen that founder Lei Jun explained: "Our goal is to offer incredible products at reasonable prices". This sudden notoriety comes at a time when the Chinese firm is already celebrating its eight years!
Xiaomi recovers a large part of its profits through advertising and applications. The average price of a model is 117 euros.
Why "Xiaomi" doesn't make a lot of money with its smartphones
![Why "Xiaomi" doesn't make a lot of money with its smartphones]()
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October 24, 2018
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