Some time ago there was talk of a possible split between Huami e Xiaomi, feared but immediately denied by both sides. This happened when, at one point, it was believed that the world leader in the production of wearable products was fully controlled by the telephony giant. However, Lei Jun's brand has never bought the shares of Huami and for this reason it was pointed out that through a press release the two companies are separate entities. However, this does not mean that they do not continue to collaborate for We Band, rather.
Xiaomi and Huami continue to collaborate: a new contract provides for another three years of partnership in which the second company will produce Mi Band for the first
As reported by authoritative Chinese sources that you find at the end of the article, the company in the hands of Huang Wang, entrepreneur who has led the research and development team in both hardware and software for over 15 years, will continue for three years to produce the most popular smartbands in the world on behalf of Xiaomi. That between the two brands is a collaboration that has been going on since the dawn of time: it is about the production and development of We Band (for the moment) on behalf of Xiaomi which, in turn, "lends" its stores for the sale of Huami products. This partnership is set to continue.
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The report speaks of a new contract between the two parties which provides for a continuous period of 3 years. From 2015 to 2017, the revenues of wearable devices for Xiaomi have been 870 million yuan, 1.43 billion of yuan e 1.61 billion yuan, equal to 97%, 92% e 82% of Huami's total revenue. These are astronomical figures that translate into hundreds of millions of €. Huang Xiang, CEO of Huami, said:
“Indeed, the empowerment of the Xiaomi brand is for Huami the stage where the plane takes off from the airport and remains in the stratosphere; Xiaomi made a strategic investment for us and gave us a lot of support "
In short, it is a partnership destined to last over time. But there is a "but": many want Xiaomi wearables (not Amazfit) owners like the Mi Watch square. How long will the company continue to postpone the launch? But above all, don't you risk stepping on your toes alone? Let us know yours in the comments.
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