Apr. 1, 2024
Jia Yueting: Simple Copying and Superficial Innovation Cannot Bring About Fundamental Technological Changes
(AsianFin)—Xiaomi's successful debut in the automotive industry should be attributed to the maturity of China's new energy vehicle supply chain in recent years and the significant advantages of Chinese manufacturing capabilities, said Jia Yueting, the founder of Leshi Holding Group. While acknowledging Xiaomi's execution and marketing prowess, Jia voiced concerns over the prevalence of copying culture and follower mentality, which some perceive as norms. He emphasized that values determine the ceiling of potentials, highlighting that benchmarking, copying, and superficial innovation alone cannot bring about fundamental technological transformations or advancements in foundational science and technology.
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