Liveblog: Xiaomi Explains Itself To Silicon Valley
I’m on the W Lodge in San Francisco to listen to Xiaomi CEO Lin Bin and VP Hugo Barra give their pitch to Silicon Valley.
We’ve been advised we shouldn’t anticipate an announcement of the corporate bringing its merchandise to the US, so the impression is that that is about explaining what Xiaomi actually does.
Why does it want that, you ask?
Nicely, most individuals see headlines describing the corporate because the “Apple of China” and see their telephones and assume, properly they have to be a premium telephone maker. That’s principally proper — besides once you examine their costs to Apple or Samsung’s premium fashions. Principally, they make units individuals aspire in China or India can aspire to personal and truly attain. In fact, as extra individuals transfer into greater revenue tiers in these nations, there’s a marketplace for even greater-priced units — therefore the costlier fashions Xiaomi debuted final month.
Together with not getting the precise phase Xiaomi goes for, most individuals within the Valley perceive that Xiaomi needs to construct providers atop its units, however in all probability couldn’t inform you what these providers are. Xiaomi will probably clear up that confusion for Western techies throughout its presentation at present.
Lin Bin speaking about Xiaomi’s identify. Translation is actually “little rice,” however “Mi” additionally stands for “cellular web.”
All of us simply filed in. This room isn’t as huge as I anticipated.
Featured Picture: WANG ZHAO/Getty Pictures