Monday, May 30, 2016
That is a lot of phones...............
All of this allowed Xiaomi to use its original market as a staging area for early growth before becoming a global firm. The population of mobile phone users in China is larger than the combined population of the U. S. and Western Europe. (Not larger than the mobile phone using population, larger than the total population.) Nearly 90 percent of the adult population in China has a mobile phone (the only kind, in many household).
-Clay Shirky, Little Rice: Smartphones, Xiaomi, and the Chinese Dream
Labels:
books,
Growth,
Markets,
Technology
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