Xiaomi uses displays from other manufacturers to make its smartphones. This isn’t new in this segment—many other manufacturers do the same. What’s new, though, is that Xiaomi invested in the largest OLED display manufacturer.
A Solid Investment
The company Dalian Zhiyun Automation Company is one of the main display manufacturers in the Chinese market. It specializes in producing OLED, LCD, and mini LED panels.
The tech giant Xiaomi has decided to buy a portion of the shares of Dalian Zhiyun Automation Company. The investment is worth more than 20 million US dollars, which is approximately 18 million euros.
For this substantial amount, Xiaomi received 15.5 million shares—exactly 5.63 % of Dalian Zhiyun Automation Company’s shares. So, as you can see, the DZA Company is a very valuable company.
Direct Competitor
With this move, Xiaomi has invested in one of the largest Samsung competitors in the OLED display manufacturing industry. As you know, Samsung is a rival in the tech world—and to Xiaomi itself.
Dalian Zhiyun Automation Company, in which Xiaomi invested, also works very closely with companies such as Tianma, Huaxing, Visionox, and BOE.
High Potential
Dalian Zhiyun Automation Company is a rapidly developing company. It is currently experiencing financial growth. This is thanks to its excellent handling of the current high demand for LCD displays.
At the moment, the company is ranked first among many electronics producers. So this is a big success for the company, since until very recently, the display manufacturing segment belonged only to Japanese and South Korean companies.
Even Huawei itself buys displays from Zhiyun. All of this points to the company’s strength and potential.
The company’s shares grow every day. For Xiaomi, this investment may represent not only securing display supply for its devices, but also a solid long-term financial move.
Simply put, Xiaomi knows how to do it—and we’re rooting for them so they can keep bringing us even better and better devices.
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