Blog

How does the epidemic affect Xiaomi’s mobile phone sales?

Affected by the new crown pneumonia epidemic, many industries have been hit, and the mobile phone industry is no exception. Recently, Lei Jun said in an interview with “Economic Reference” that the sales volume of the mobile phone industry in the first quarter will be significantly affected, but the decline in the entire market is not as large as expected.

From the perspective of the production side, part of the gap in production capacity in February brought certain challenges. As the industry resumes work and production and accelerates the progress, the progress of capacity recovery will also accelerate. Taking Xiaomi Group as an example, Lei Jun said: “The outbreak has had a huge impact on the supply chain of Xiaomi mobile phones, but in the process of responding to the epidemic, we have been maintaining close communication and cooperation with upstream and downstream partners to plan ahead for capacity and sales. Together with the overall health of inventory levels, the impact of the outbreak can be minimized. “

From the demand side, although the offline channels on the consumer side have been greatly affected, the online opportunities are still large. In addition, a new wave of consumption is expected to be released after the epidemic. Lei Jun said: “These are the strong risk-resistance capabilities of the Chinese economy. The fundamentals for the improvement of the Chinese economy in the medium and long term have not changed, and the trend of long-term stable development of consumption will not change. With the

Share with

Leave a Reply

Start typing and press Enter to search

Shopping Cart

No products in the cart.

Need Help? Chat with us