Chinese manufacturers are quite good at penetrating any sector of the market, especially with their market-friendly pricing system. In the recent past, a lot of questions was raised with regards to the durability of Chinese products but now some Chinese manufacturers like Xiaomi and Huawei have made a good impact in the market with durable devices. Presently, there is a strong demand for gadgets and this has forced many streamlined manufacturers to diversify. We have seen a few generations of laptops and smart home devices from Xiaomi and Huawei. In fact, Xiaomi produces all sort of products including clothing, shoes, artificial hairs and so on. Now, current report suggests that Xiaomi and Huawei are getting set to penetrate the home printer market.
Xiaomi and Huawei hope to have a share of this market so these companies are looking forward to unleashing flagship printers or products which are at par with existing printers for a much cheaper price. According to the source, Xiaomi and Huawei will have an aggressive pricing system and the competition will be intense. This should be an advantage to consumers and a lot of enthusiasts are already anticipating the arrival of these companies. As of now, the printer manufacturing industry is dominated by Hewlett-Packard (HP), Canon, and Epson. The prices of their products are usually between 500 Yuan ($76) and 1000 Yuan ($152). Xiaomi and Huawei’s products must be more competitive in terms of cost-effectiveness. In addition to the core printing functions, they also need to make more use of mobile Internet, wireless connectivity, and user experience.