Topic > Pestel Analysis of Xiaomi Company

IndexPESTEL AnalysisPolitical ComponentsMonetary FactorsSocial FactorsMechanical FactorsEcologicalPatent IssuesPESTEL AnalysisPolitical ComponentsIn August 2014, soon after the submission, when Xiaomi was accused of sharing customer information, similar to phone number, IMEI number , text messages, contacts, etc. sent to a server in Beijing, without notice to customers, has turned into a problem for the organization. Upon subsequent examination it was discovered that the data turned out to be a multi-month old report, dating back even before Xiaomi started offering mobile phones in India. It may have influenced his affairs politically. The company moved its servers out of Beijing to be more secure. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get Original Essay Later in 2014, Xiaomi's Redmi mobile phone noted that foreign production of 4G was restricted in India when coordinated by the Delhi High Court, following a complaint documented by Ericsson India, where Xiaomi used Ericsson's standard essential patents without paying royalty to the company in India. The mobile phone then permanently ceased to be sold in India. Monetary Factors In November 2016, the Indian government implemented a demonetization policy that affected online deals of mobile phones. One of the segments reeling from the effect of demonetisation is flagship phones and moderate mobiles, which are priced below Rs 10,000. Since the vast majority of these purchases are still made using installment money today, the underlying effect was as high as 90%. Xiaomi product offerings, smartphones have had more deplorable success, and other products have also suffered terrible business, for example, power banks, Bluetooth speakers, mobile accessories, and earphones. Social Factors The main problem behind Xiaomi is the lack of administrative attention compared to Samsung. Since the advantage has turned into a part of an item in today's period, this is the factor that can decrease the problem for Xiaomi in business. Theodore Levitt also believes that in this interconnected universe our products and administrations are indivisible and undifferentiated. Every great requires an administration and every administration must be complemented by some products. Mechanical Factors Xiaomi's line of cell phones using Android reinforces the case for open source systems that are championed by numerous innovation-minded people, in contrast and Apple emphatically protecting its exclusive and closed framework. Xiaomi has forcefully offered “MIUI” which gives its customers the ability to lead the pack in changing their customer engagement with unmatched adaptability. Xiaomi's innovation captures the hearts of its customers by offering them more opportunities than Apple's IOS or even standard Android phones. In this way Xiaomi benefits from customer advancement, which is one of the main factors driving Xiaomi's fortune today. Another highlight is that Xiaomi promotes web-based shopping, eliminating costs for average people. It's simply the desire to have the latest model, with some fancy new features - or because it's less work and more convenient to buy another one. The internal parts of our phones incorporate aluminum, gold and cobalt. . The search for such materials has led to fierce clashes and dangerous working conditions in countries such as the Democratic Republic of Congo, where much of the work is done by children. In addition to metals, cell phones also contain high amounts of.