We all know that the world of technology is in serious trouble because of chip crisis. This initially started from the automotive sector and has expanded more or less uniformly to all sectors. Smartphone included. As we know, Xiaomi is one of the top three smartphone manufacturers in the world and this matter should not worry you poco. However, according to what we learn, the president Wang Xiang was very confident indeed, it has outlined a decidedly rosy future. Let's see what she said.
The president of Xiaomi Xiang Wang has his say on the chip crisis: there will be an improvement and indeed, an excess of production!
The news comes from Chinese media, which report some statements of the president of Xiaomi Wang Xiang about the chip crisis. Many have said that this will not end. Despite the conflict between Russia and Ukraine has exacerbated the chip crisishe was very confident due to the rise in commodity prices. In fact, he stated:
As for the issue of the chip supply, I think the chip supply will return to normal this year. Looking at the full year, there will also be an oversupply situation, but the challenges in the first quarter are still very big. Additionally, the outbreak in the first quarter brought challenges to the logistics industry. For example, factories, ports and airports were hit. We believe this is a short-term problem and we believe it will be solved
Wang Xiang, current president of Xiaomi
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Basically according to him they will go to solve two of the biggest problems of the last two years: one, that of the production of chips which, according to his words, will even become a "overproduction". If this turns out to be true, then logically everyone's device prices should go down; two, that of logistics and the transport of materials (raw and non-raw materials) from one country to another. Recall that previously Xiaomi had tried to predict the end of the chip crisis, confirming that half 2022 it would have been the terminus.
In short, we are not so confident like him, but anything can be. What do you think about it?
