For example, in the fields of chip technology, artificial indonesia number for whatsapp intelligence, 5G communication, folding screen technology, etc., major technology companies are actively investing in research and development to strive to be the first to make breakthroughs. Xiaomi needs to continue to innovate in these key technology fields in order to launch competitive products. At the same time, technological innovation also needs to be closely integrated with market demand, otherwise it may lead to the failure of research and development results to be recognized and accepted by the market, resulting in a waste of resources. Supply chain management challenges The production of smartphones and smart hardware needs to rely on a complex supply chain system, including the supply of components such as chips, screens, cameras, and batteries.
The stability and cost control of the supply chain are crucial to the production and sales of enterprises. However, the global supply chain is affected by many factors, such as natural disasters, political factors, trade frictions, etc., which may lead to problems such as shortages of component supply and price fluctuations. For example, in recent years, the global chip shortage has had a huge impact on the production of many technology companies, and Xiaomi is no exception. In addition, the rise in raw material prices has also increased the production costs of enterprises, squeezing the profit margins of enterprises.
