Yesterday,
$SEI official Weibo said that they will pre-install Web3 apps on Xiaomi Global ( Overseas) phones, but did not specify which one.
I am still verifying this with my friends at Xiaomi to confirm if it's true. However, I have a few intuitive questions:
1. Xiaomi Overseas ( excluding China and the US ) has an average shipment volume of over 120 million units in the past two years. If all are pre-installed, with a cost of 5-10 RMB per device, the pre-installation cost would be close to $2 billion. SEI’s current circulating market cap is about $9 billion. Can they afford this expense?