SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission.

Notifications
    News For You

    Samsung has a new nemesis, and its name is Xiaomi

    Business
    By 

    Last updated: November 5th, 2021 at 17:06 UTC+01:00

    Samsung's been facing strong opposition from Chinese smartphone brands in recent years, and although Huawei is no longer a threat, Xiaomi remains a thorn in Samsung's side. In fact, Xiaomi is shaping up to be the next nemesis, as the company just revealed its plan to take down Samsung and Apple.

    Xiaomi wants to overtake both Samsung and Apple in terms of global smartphone market share, and it's going to want to achieve that in 3 years. How? Well, the company didn't reveal much about the next-gen phones it has in store, but according to a recent interview with Lu Weibing, a big part of Xiaomi's strategy to take over the mobile market revolves around its network of retail stores.

    Xiaomi is gunning for offline retail supremacy

    Xiaomi already overtook Samsung and Apple earlier this year — no doubt helped by Huawei's demise. It only kept the torch for about a month before Samsung took the lead back, but of course, Xiaomi wants to earn and keep the top spot on the podium indefinitely. It aims to achieve its goals by 2024 by establishing an expansive network of 30,000 offline stores.

    Samsung also continues to expand its network of Experience stores in key markets. But for the most part, the Korean tech giant seems to be betting big on foldable display technology to carry the torch forward in the next decade. Samsung doesn't face strong opposition in this segment yet, but the market might look very different in 2024.

    Via BusinessPhone AppleSamsung ElectronicsXiaomi
    Galaxy AI summarized

    Scroll for more related content
    News For You

    You might also like

    Samsung boss meets Amazon, Meta, and Qualcomm CEOs to discuss future strategies

    Samsung boss meets Amazon, Meta, and Qualcomm CEOs to discuss future strategies

    We recently reported that Samsung boss Lee Jae-yong traveled to the US on a business trip. He planned to meet the company's important partners and discuss future strategies. After meeting Verizon CEO last week, Lee met the CEOs of tech giants Amazon, Meta, and Qualcomm this week and sought increased cooperation. Samsung boss Lee Jae-yong […]

    • By Asif Iqbal Shaik
    • 1 day ago
    Samsung reportedly hiring ex-Apple Siri lead to head its new AI division

    Samsung reportedly hiring ex-Apple Siri lead to head its new AI division

    While Samsung introduced several new AI-powered features with the Galaxy S24 earlier this year, its AI-powered digital voice assistant, Bixby, hasn't received much attention. A new report claims that Samsung is hiring an ex-Apple employee in charge of Siri's contextual and conversational awareness to lead a new AI team. Ex-Apple Siri lead to reportedly lead […]

    • By Asif Iqbal Shaik
    • 3 days ago
    Samsung unveils its first-ever Color E-Paper display

    Samsung unveils its first-ever Color E-Paper display

    At the ongoing Infocomm 2024 expo in Las Vegas, USA, Samsung unveiled its Color E-Paper TV for the first time ever. It is a working prototype that uses a color e-ink display panel and can be used for advertising. It can be used in places like malls, offices, public places, restaurants, retail stores, and various […]

    • By Asif Iqbal Shaik
    • 3 days ago
    Messaging between Galaxy phones, iPhones to improve massively with RCS via iOS 18

    Messaging between Galaxy phones, iPhones to improve massively with RCS via iOS 18

    A few hours ago, Apple unveiled iOS 18, which brings dozens of new features to iPhones. The company focused on AI-powered features and UI customizability. However, an important feature like Rich Communication Services (RCS) got just two seconds of airtime during Apple's WWDC 2024 keynote. iOS 18's RCS feature will massively improve the messaging experience between iPhones […]

    • By Asif Iqbal Shaik
    • 4 days ago
    All the features Apple showcased at WWDC 2024 already present on Galaxy devices

    All the features Apple showcased at WWDC 2024 already present on Galaxy devices

    A few minutes ago, Apple concluded one of its longest WWDC events. The company showcased dozens of new features it is bringing to its computers, smartphones, tablets, and wearables. Many of those features, including the ones powered by AI and the ones that aren't, are already available on Galaxy devices. Here is the list of […]

    • By Asif Iqbal Shaik
    • 4 days ago
    Young people in South Korea hold over $1 billion in Samsung stock

    Young people in South Korea hold over $1 billion in Samsung stock

    Foreign investors may be dumping Samsung Electronics stock worth billions of dollars, but there's one demographic that appears to be convinced of the company's future potential. The latest data from South Korea shows that young people in particular are fond of the company's stock. They hold more than $1 billion in Samsung Electronics stock, and […]

    • By Adnan Farooqui
    • 5 days ago