$XIAOMI-W(01810)$ Xiaomi has e

Xiaomi has extremely strong supply chain management capabilities. Xiaomi can always produce products with high cost-effectiveness at a very low cost, which caters well to the needs of its fans who want to show off with the least amount of money spent. Xiaomi can be like Volkswagen, Lenovo, or Toyota, but it can never be like Apple or Microsoft. It can be like Volkswagen and Lenovo because it can control costs effectively. However, it can't be like Apple or Microsoft because it lacks the ability to innovate to a great extent.

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