Its president and CEO Huami Technology, Huang Wang, stated that its current competitor Huami is not the Xiaomi, but the Huawei.
Τα Xiaomi bands are currently the first best-selling Chinese smartbands in the world. However, her partner company Huami, also ensures the survival of its own brand, Amazfit.
It is worth noting that Xiaomi is now launching its own smartwatch made exclusively by it. This means that Xiaomi and Huami are now in some ways competitors in the field of smartwatches. However, Huang Wang, CEO of Huami, says Huami is not competing with Xiaomi.
In a recent interview, Huang Technology President and CEO Huang Wang said that Huami's current competitor is not Xiaomi, but Huawei. He also revealed that Xiaomi contacted him before making his own smartwatch. In his view, the two companies' approach to smartwatch creation is very different: Xiaomi watches follow a strategy of exploiting IoT services, while Huami watches focus more on functions related to sports and health.
In addition, Huang Wang said that at this stage Huami is competing with Huawei and is not yet at the level of Xiaomi.
Earlier this month, Huang Wang revealed that Huami's "Huangshan 2" chip was under development. Its design is ready and will go into mass production in 2020.
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