Will Xiaomi regain its old glory in the 5G era?

Xiaomi Corp. has had a meteoric rise in the technology world. After it released its first smartphone in 2011, the company rapidly gained market share and became China’s largest smartphone maker in 2014.

But competition has since intensified, and Xiaomi, though still very popular, found itself lagging behind more aggressive rivals such as Huawei Technologies, Vivo and Oppo in market share.