CHINA-ECONOMY: XIAOMI EDGES OUT HUAWEI IN MOBILE SMARTPHONE SALES AT COUNTY-LEVEL

Caixin (November 28) reported that Xiaomi Inc. is looking to seize a greater share of its home smartphone market as the market adjusts to the vacuum left by sanctions-struck Huawei Technologies Co. Ltd. Xiaomi China's President Lu Weibing said (November 26) that every county-level city in China will have a Mi Home store — which sells the company’s smart home products as well as its handsets — in one year. County-level cities are usually less economically developed than larger prefecture-level cities. Xiaomi's move could pose a challenge to rivals Oppo and Vivo, which have established greater brick-and-mortar footprints in these smaller cities.







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