Xiaomi first entered the competitive smartphone market in 2010 and marketed itself as the “high-quality technology at a reasonable price”. With that strategy, it quickly gained a large group of value-seeking customers. Selling across 90 countries, it continues to be the No. 1 smartphone brand in India for the past 4 years, with its annual revenue reaching US$37 billion. In…
The maritime industry carries out approximately 90% of global trade, according to the World Bank, and it remains highly dependent on human manual operation of cranes and other cargo-handling gear. With the onset of COVID-19, lockdown and restrictions on final destination have delayed, discharged or rerouted enormous amounts of shipment, causing a ripple effect on the global supply chain. Meanwhile,…