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RE: LeoThread 2025-03-25 16:20

in LeoFinancelast month

Part 4/10:

Supply chain issues further compounded Xiaomi’s woes. After delays and disputes caused by manufacturers, the company's flagship Mi 5 phone faced prolonged launch delays, leading to a drop in market positioning. Recognizing these challenges, Lei Jun implemented a turnaround strategy focusing on offline retail expansion to regain market presence.

Strategic Shift: Going Retail and Upscale