Xiomi smart phone
is a Chinese electronics company headquartered in Beijing. Xiaomi makes and invests in smartphones, mobile apps, laptops, and related consumer
Posted 10 months ago in Science and Technology.
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PublicTraded asSEHK: 1810IndustryConsumer electronics
Computer hardwareFounded6 April 2010; 8 years agoFounderLei JunHeadquarters
Lei Jun (CEO)
Lin Bin (林斌) (President)
Manu Kumar Jain(Global Vice President)ProductsMobile phones
Smart home devices
Smart TVRevenue￼ US$21.5 billion (2018)
Number of employees
YoupinWebsitemi.comXiaomiChinese小米Literal meaning"millet"TranscriptionsStandard MandarinHanyu PinyinXiǎomǐIPA[ɕjǎu.mì] (￼listen)Yue: CantoneseYale RomanizationSíu-máihIPA[sǐːu.mɐ̬i]JyutpingSiu2-mai5
Xiaomi store in China
Xiaomi released its first smartphone in August 2011 and rapidly gained market share in China to become the country's largest smartphone company in 2014. At the start of Q2 of 2018, Xiaomi was the world's fourth-largest smartphone manufacturer,leading in both the largest market, China, and the second-largest market, India. Xiaomi later developed a wider range of consumer electronics, including a smart home (IoT) device ecosystem.
Xiaomi has 15,000 employees in China, India, Malaysia, Singapore and is expanding to other countries including Indonesia, the Philippines, and South Africa. According to Forbes magazine, Lei Jun, the founder and CEO, has an estimated net worth of US$12.5 billion. He is China's 11th richest person and 118th in the world. Xiaomi is the world's 4th most valuable technology start-up after receiving US$1.1 billion funding from investors, making Xiaomi's valuation more than US$46 billion