‘China’s Steve Jobs’ Is Building A Company That Walks And Talks Like Apple, And He’s Profiting Wildly

‘China’s Steve Jobs’ Is Building A Company That Walks And Talks Like Apple, And He’s Profiting Wildly

Business Insider –

* Xiaomi’s Lei Jun dismisses notion of copying Apple

* Xiaomi sees $2 bln revenue in 2012 on 7 million smartphone sales

* Xiaomi not considering IPO in next 5 years

* Analysts say Xiaomi faces tough road to a becoming a big brand

BEIJING, Dec 7 (Reuters) – China’s Xiaomi Technology is a fairy tale for nerdy entrepreneurs.

Less than three years after its founding, the smartphone maker is valued at $4 billion and evokes Apple-like adoration from its fans, some of whom are desperate enough to skip work for a shot at buying the latest product the day it goes on sale.

Founder Lei Jun dresses like the late Steve Jobs, in jeans and a black top. He has created a fervent fan base for Xiaomi’s moderately priced high-end smartphones by mimicking Apple Inc’s marketing tactic of attaching an aura of exclusivity around its products.

—–

Get Free Email Updates!

Signup Now to Receive Updates and Alerts!

We will never give away, trade or sell your email address. You can unsubscribe at any time.

@https://twitter.com/candicelanier

Candice writes for several publications, including The Christian Post, Red State, The Black Sphere and Patriot Update. She is the Science & Tech Editor at the Minority Report Blog and the founder and Editor-in-Chief at Front Lines. She's also the founder of Candice Lanier's Tech News and works as a computer consultant. Additionally, Candice is an antiques dealer.

More in

20150302waldenataei_crop

Rep. Walden Addresses AEI on Future of U.S. Internet Policy

Steve FoleyMar 2, 2015
Screen Shot 2015-03-02 at 7.19.38 PM

Cost of Living About to Get Worse in California

Steve FoleyMar 2, 2015
bigstockphoto_health_care_reform_green_road__5632944

Patient CARE Act: Lowers Premiums, Improves Access, Reduces the Deficit

Steve FoleyMar 2, 2015
A bumper sticker is displayed at the Conservative Political Action conference in Washington

Heritage: We Haven’t Had a True Free Enterprise System for Decades

Steve FoleyMar 2, 2015
watch-netanyahu-live_crop

PM Netanyahu’s Address: A Watch Guide

Steve FoleyMar 2, 2015
15-0302 LAPD sm

BLACK MAN SHOT BY COPS: Get Out the Marshmallows, It’s Time to Burn LA to the Ground

Michael BeckerMar 2, 2015

The Minority Report is a network of websites devoted to Conservative & Libertarian politics in the United States. In 2014 the network had over 20 million page views!

On this site you'll find posts & links to some of the best and most comprehensive center-right news and opinion on the net...

December 2012
M T W T F S S
« Nov   Jan »
 12
3456789
10111213141516
17181920212223
24252627282930
31  

Archives

Copyright © 2014 The Minority Report Network