Dreame CEO Yu Hao Criticizes Xiaomi's Over-Reliance on Lei Jun

[Company News] Dreame founder Yu Hao publicly highlighted two strategic weaknesses of Xiaomi, with the first directly addressing the issue of excessive dependence on Lei Jun personally.

Core Insight: Xiaomi's Business Success or Failure Rests Solely on Lei Jun

Yu Hao frankly stated that any Xiaomi business unit personally overseen by Lei Jun tends to succeed, whereas others lack assurance, making Lei Jun's limited bandwidth a bottleneck. He emphasized that Dreame is actively working to avoid such founder dependency.

Strategic Foundation: Riding Trends Limits Long-Term Investment

Xiaomi’s success stems from its ability to ride industry trends, but this approach has also led to insufficient long-term strategic commitment in areas such as chips and internet services. Yu Hao urged Xiaomi to strengthen its strategic resolve and move beyond short-term path dependency.