Xiaomi 2013: Copycat? Not my style
Chinese mobile start-up Xiaomi has achieved remarkable growth between 2009 to 2013. As a mobile phone maker, Xiaomi’s market valuation was more than what Microsoft just paid for Nokia’s handset unit in 2013. The company, however, saw itself as an internet company rather than a traditional manufacturer, focusing on services and application development. Xiaomi’s success even attracted former VP of product management at Google to join the company to expand its international market.
The case illustrates several important concepts: 1) How product modularity can lead to fragmentation of the industry structure; 2) How new entrant can leap-frog leading players through business model innovation; 3) How open innovation can drastically reduce R&D cost and increase product effectiveness; 4) How the outlook of Chinese entrepreneurs differ from the Western counterpart.
Xiaomi, Manufacturing, Electric and Electronic Equipment, Services, Telecommunications
2009 to 2013
Cranfield University
Wharley End Beds MK43 0JR, UK
Tel +44 (0)1234 750903
Email [email protected]
Harvard Business School Publishing
60 Harvard Way, Boston MA 02163, USA
Tel (800) 545-7685 Tel (617)-783-7600
Fax (617) 783-7666
Email [email protected]
NUCB Business School
1-3-1 Nishiki Naka
Nagoya Aichi, Japan 460-0003
Tel +81 52 20 38 111
Email [email protected]
IMD retains all proprietary interests in its case studies and notes. Without prior written permission, IMD cases and notes may not be reproduced, used, translated, included in books or other publications, distributed in any form or by any means, stored in a database or in other retrieval systems. For additional copyright information related to case studies, please contact Case Services.
Research Information & Knowledge Hub for additional information on IMD publications
In this study, we analyze how the performance-aspiration gap influences strategic change in family firms, providing evidence of the moderating role...
The call by the former Italian prime minister and ECB president for massive investment in the EU is a wake-up call to Europe's economic stagnation....
The case highlights the significant role played by the International Olympic Committee (IOC) in reducing its environmental footprint and promoting ...
There is a Chinese saying that wealth does not last beyond three generations, and the reality is that sustaining family businesses is a significant...
Research Information & Knowledge Hub for additional information on IMD publications
in I by IMD
Research Information & Knowledge Hub for additional information on IMD publications
in Review of Managerial Science October 2024, vol. 18, pp. 2981-3005 https://doi.org/10.1007/s11846-023-00703-3
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
in I by IMD 9 September 2024
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications