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What are Porter's 5 forces of xiaomi corporation?
These forces are:
1. Competition in the industry;
2. Potential of new entrants into the industry;
3. Power of suppliers;
4. Power of customers;
5. Threat of substitute products.
Understanding Porter's 5 Forces and how they apply to xiaomi, can enable a company to adjust its business strategy to better use its resources to generate higher earnings for its investors.
-Answer in detail.
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