IDC Asia/Pacific’s Post

The consumer market in HK is sluggish, and the retail industry has become difficult to operate, because people are accustomed to go to mainland China, for better consumption experiences. However, Xiaomi Technology in HK didn't reduce its retail resources, actively opened directly-operated stores in communities just a short period of time! So what is the company's strategy? I had an interview with Eric So earlier, so why not listen to his views, how he define #小米新零售. 智慧生活丨小米之家逆市擴張 Xiaomi「小米新零售」發力 周末進駐銅鑼灣旺區 https://lnkd.in/gx6W6Jf5

Did You Know? Luxshare-ICT, a Chinese electronics giant, is launching a $150 million project in Nghe An, Vietnam, to manufacture Apple Watches and Huawei watches. Set for full operation by March 2025, the factory will be situated in the VSIP Nghe An industrial park, spanning 36.2 hectares. The facility is expected to employ 22,000 people and produce over 108.8 million items annually, including smartwatches for Apple and Huami. This initiative is part of Vietnam's growing appeal as a tech manufacturing hub, which saw a 11.6% increase in FDI to $24.78 billion in the first nine months of 2024. 🍏⌚🇻🇳 More: https://lnkd.in/gvCgbK_y 🔀 CEL Route-To-Market program is an outside-in approach to define who and where your future customers will be and how you can be serving them most optimally. Explore: https://lnkd.in/eJtyWpi CEL Demand Supply Alignment  www.cel-consulting.com #CEL #Demand #Supply #Alignment 

🌐 Unlocking Global Markets: China's international consumer electronics brands are making waves! Transitioning from "value for money" to "brand, quality, and technology," they're elevating their global presence. With over 22% of global sales, China is a powerhouse in consumer electronics and home appliances. Ride the tide of innovation with Chinese tech, setting new standards worldwide. 🚀 #GlobalInnovation #ChineseTechDominance

DataBurning, Asia's fastest growing alt-data shop, tracks Xiaomi Technology's *NEW* SU7's order and delivery volumes using a sales volume index, updated on a weekly (t+3) basis. Our backtesting shows a consistent trend between our index and Xiaomi SU7's actual order volume. Initially, Xiaomi SU7's order volume increased rapidly when it first became available. Our latest data indicates that SU7's order volume continues to grow. To meet the increasing demand, the company has started operating in "double shift mode" to boost monthly production output. This ramp-up in capacity is expected to drive further order volume growth going forward. Please shout to learn more David DeRose #EV #Xiaomi #SU7 #china #electricvehicles #tesla #Xpeg #LI #NIO #altdata

🌟 Unlock Your Business Potential with Mobile Accessories from China! 🌟Are you a wholesaler or retailer looking to enhance your product offerings? The mobile accessories market is booming, and sourcing from China can give you a competitive edge!📈 Why Source from China? China is home to some of the world's leading mobile accessories manufacturers, offering a diverse range of products such as:Mobile Chargers Phone Cases Screen Protectors Power Banks Bluetooth Devices With the market projected to grow significantly, now is the time to tap into this lucrative opportunity!🔍 What You’ll Learn in Our Latest Blog:Insights into the top mobile accessories manufacturers in China. Tips on how to choose the right supplier for your business needs. Strategies for navigating the competitive landscape of mobile accessories. 💡 Key Benefits of Partnering with Chinese Manufacturers:Access to innovative and high-quality products at competitive prices. Customization options that help you stand out in the market. Reliable supply chains that ensure timely delivery. 👉 Ready to take your business to the next level? Check out our full blog post for detailed insights and strategies that can help you succeed in the mobile accessories market!🔗 Read More Here#MobileAccessories #Wholesale #ChinaManufacturers #TechLifeHomes #BusinessGrowth #Ecommerce #Retail #wirelessspeaker #bluetoothspeaker #powerbank #phonecase #bluetoothheadphone

Transsion's current challenges (Q1, Q2, Q3) tell us that there is no cheese that will never be moved so we shall never rest on our laurels. Hopefully, the Chinese firm is ready for the uphill battle. Q1: "Transsion is the company behind phone brands including Tecno, iTel and Infinix, which won over African customers with features such as multi-SIM functionality and affordable price points. By 2021, Transsion's brands controlled half the continent's phone market share." Q2: "In terms of African market share, China's Xiaomi, Realme and Honor all saw a rise in the third quarter, while Transsion's market share fell from 47.5 per cent last year to 41.2 per cent in the third quarter of this year, according to Counterpoint's figures which are based on sell-through numbers - or sales volume by local retailers." Q3: "But one thing that has affected all of the brands is the increase in component costs - though this is hurting Transsion, with its lower-priced products, more than others." https://lnkd.in/g_DMfPyY

Discover why Xiaomi Technology Vice President and CFO Alain Lam sees Türkiye as the nexus of global value chains! 🌍 Lam shares his excitement about Türkiye’s growing market, highlighting its youthful population, enthusiasm for new technology, and strong potential for global expansion. Xiaomi views Türkiye as a key player in its vision of making technology accessible to users worldwide. Lam also emphasizes Türkiye's pivotal role in global trade and its strategic position at the crossroads of Europe, Asia, and the Middle East, making it the perfect gateway for innovation and supply chain growth. As a rapidly developing market, Türkiye is where the future of technology and global business is being shaped. 🚀 #Türkiye #NexusoftheWorld #Xiaomi #investment #testimonial

Ever wondered why some products are cheaper online from another country? You might be looking at parallel imports! 🤔 Q: What are parallel imports?  A: These are genuine products bought in one country and resold in another without the manufacturer’s permission. For example, someone buys a popular gaming console in Japan and resells it in India at a higher price without authorization. Q: How does this impact businesses?  A: Unauthorized sales can disrupt pricing and distribution. For instance, if an individual buys gaming consoles cheaply in Japan and resells them in India, it undermines the local authorized distributor and the manufacturer’s control over pricing. Q: What's the legal angle in India?  A: India’s law, especially after the Kapil Wadhwa v. Samsung Electronics case, follows international exhaustion. This means once a product is sold, it can be resold elsewhere, but unauthorized resale can still pose legal and market challenges. Q: Are there any downsides for consumers?  A: Yes, issues like lack of warranty, customer support, and quality control can arise. Imagine buying that cheaper console only to find it doesn't have local warranty support or customer service. Q: How can we manage these challenges?  A: It's about balance. Regulations should protect competition and intellectual property rights, ensuring fair play for businesses and benefits for consumers. Curious about how parallel imports affect the market and impact you? Check out our detailed article: https://lnkd.in/dAYVDTaW #ParallelImports #UnauthorizedSales #GlobalTrade #LegalInsights #MarketDynamics #India

Samsung is 20% of the South Korean GDP! 1/5th of a country is just one company!   This is not rare; this is unheard of!   To give you perspective, Samsung’s current head, Lee Jae-yong, and previously his father, Lee Kun-hee was jailed but was given a presidential pardon!   Why?   According to the government, to SAVE the South Korean economy! This centrality trickles down in Korean lifestyle as well. Getting a job in Samsung is an average Korean's dream! Need a phone? Samsung Need an Insurance? Samsung Need a vacation? Samsung Yup, they own ferry and theme parks as well! Best, Yashvardhan   PC: Old Luxury Money (YT)   Tags: #samsung #southkorea #familywealth #business #monopoly #smartphonemarket #crime #growth #nationaleconomy

Xiaomi's Entry Sparks Price War in the EV Market, Cementing China's Lead It's indeed a significant development in the EV market with Xiaomi entering with aggressive pricing strategies. This move could intensify price competition, especially with Chinese manufacturers like BYD already offering competitive prices. While Xiaomi may incur losses initially, they aim to gain market share, tapping into China's supportive environment for EVs. However, potential pushbacks from the West, such as trade tariffs, could arise. Yet, the affordability of these EVs may find traction in developing nations. China's dominance in the global EV industry seems imminent, leveraging abundant resources and government support. Time will tell how all shapes out eventually. Video: Courtesy of Firstpost| Vantage with Palki Sharma https://lnkd.in/e9g4Hvui