Chinese smartphone maker Xiaomi restructures to put more focus on its home market

  • Xiaomi’s reorganisation comes after it revealed that over 40 per cent of its revenues were generated overseas during the third quarter

Yingzhi Yangin Beijing
Customers look at mobile phones in a Xiaomi shop in Beijing on November 7, 2018. Photo: AFP

Xiaomi, the world’s fourth biggest smartphone maker, has unveiled a restructuring that will create a new China team to put more focus on and “enhance investment in the China market”.

Xiaomi co-founder and head of the TV sector Wang Chuan has been named as president of the new China region, according to an internal letter seen by the Post. Chinese news portal Sina News reported the reorganisation letter earlier on Thursday.

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