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Xiaomi’s Transformation from an Internet Company to a Leading Technology Company Driving Innovation
Xiaomi experienced a lengthy and challenging autumn in 2016. Following the underperformance of mobile phone sales in 2015, Xiaomi witnessed its first and only negative growth in 2016. The release of the Xiaomi 5 in February 2015 was seen as a turnaround for the company, but the shortage persisted for over two months. Lei Jun, after taking control of the supply chain, discovered that even Apple found their screws more expensive. Furthermore, certain departments within Xiaomi displayed excessive arrogance. By the third quarter, Xiaomi’s market share was on par with other niche mobile phone brands and those with lower sales. These circumstances formed the backdrop for the Xiaomi press conference…
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How NVIDIA’s GPU Dominance Sparked an AI Revolution and Created Trillion-Dollar Opportunities for China’s Chip Industry
The digital wave is sweeping every corner of the world. Behind all these changes are closely related to small chips. From mobile phones and computers to airplanes, cars, and household appliances, from robotic arms and cutting machines in factories to ventilators and ultrasound machines in hospitals, from the bus card in your hand to the satellite in the sky, chips are everywhere. The accelerated arrival of the AI era, especially the rise of large-scale models, has brought unprecedented demand for computing power, which is both a challenge and an opportunity for the chip industry. In the past, the protagonist in the chip field was undoubtedly the CPU (Central Processing Unit).…
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Jensen Huang: The Billionaire Behind Nvidia’s Rise as an AI Chip Powerhouse
On May 25, Nvidia (NVIDIA) released its financial report for the first quarter of fiscal year 2024 (Editor’s Note: Nvidia’s fiscal year is nearly a year earlier than the natural year), and achieved revenue of US$7.192 billion during the period, a year-on-year decrease of 13%. For other companies, this is definitely bad news that will cause investors to sell stocks, but on the day the financial report was released, Nvidia’s stock price soared by nearly 30%, and its market value increased by more than 200 billion US dollars. The reason why the market is bullish on this stock is because the financial report shows that in the first three months…
