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Xiaomi planning to launch laptops to take on Apple, Lenovo

Xiaomi Laptops

Xiaomi is considering the introduction of its first laptop early next year, people with direct knowledge of the matter said, opening a new front in its battle against Apple and Lenovo Group.

Xiaomi’s notebook may go on sale in the first quarter to compete with such premium computers as Apple’s MacBook Air and Lenovo’s ThinkPad, the people said, asking not to be identified because the matter is private. Xiaomi has held talks with Samsung Electronics to supply memory chips, and that initial agreement may extend to providing displays, the people said.

Only five years after its founding, Xiaomi vaulted into the global smartphone industry’s top ranks by providing stylish devices with premium components at mid-range prices. Xiaomi getting into the PC business risks bringing additional cost pressures against industry leaders Lenovo, Hewlett-Packard and Apple.

Supplying Xiaomi, the fourth-largest smartphone vendor, will boost Samsung’s components business as its tries to reduce reliance on providing for its own Galaxy devices.

Samsung and Xiaomi declined to comment in separate e-mails.

Lenovo dropped to a three-year low in Hong Kong trading, falling 2.5% to HK$6.13. Samsung rose 0.5% to 1,090,000 won in Seoul.

Xiaomi’s trying to carve out a spot in a rapidly shrinking market. IDC forecast in August an 8.7% slide in 2015 PC shipments and doesn’t expect a return to growth till 2017.

Smartphone Success
The Chinese company co-founded by billionaire Lei Jun made its mark with cheaper smartphones sold online before moving into higher-end devices, buoyed by a thriving online community. Until now, its other hardware forays have been confined to sales of appliances and accessories such as earphones and TVs.

ITN
Today we live in a T-shaped world. While broad knowledge across the ecosystems is critical, deep insights and expertise of Subject Matter Experts help organizations leapfrog. At IndiaTechnologyNews, we cover much more than news, views and analysis, and we feature SMEs to help translate their knowledge to wider audiences. Reach me at editor@indiatechnologynews.in

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