29 May '15, 4am

Huawei vs. Xiaomi: China in Microcosm - EE Times

BEIJING — Huawei and Xiaomi are the rock stars of Chinese high-tech. Coming from vastly different backgrounds and experience, they share one goal: Connect everything. Huawei’s technological prowess in telecom and Xiaomi’s agility in China’s consumer electronics market illustrate both companies’ potential and their weaknesses. Understanding the differences offers a glimpse into the future — where China is guiding the global electronics industry. First, the commonalities between the two Chinese companies: 1. Staying private Neither Huawei nor Xiaomi is publicly traded. Huawei, in particular, has famously chosen to stay private since its foundation in 1987. As Shao Yang, president of strategy marketing department of Huawei’s consumer business group, told us, being private has allowed Huawei to dodge the rat race of quarterly pressures and to take a long view. By chipping away...

Full article: http://www.eetimes.com/document.asp?doc_id=1326713

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