The present disclosure provides a method of establishing a device correlation and an electronic device. The method includes: receiving a first correlation establishment request transmitted by a first device, wherein the first correlation establishment request indicates establishing a correlation between a first device and a second device, and a device correlation is established between the second device and a third device; acquiring a first correlation strength between the first device and the second device, and a second correlation strength between the second device and the third device; establishing a device combination correlation between the first device, the second device and the third device in response to the first correlation strength being less than or equal to the second correlation strength; and establishing a device preemption correlation between the first device and the second device in response to the first correlation strength being greater than the second correlation strength.