Xiaomi is an Internet company producing smartphones and smart hardware connected by an IoT platform at its core.
Xiaomi, founded in March 2010 and headquartered in Beijing, is a consumer electronics developer. The founder is Lei Jun. The company went public on the Hong Kong Stock Exchange on July 9, 2018. Its major shareholders are Lei Jun, Li Wanqiang and Hong Feng. Xiaomi's direct and indirect competitors include Huawei, OnePlus, OPPO, vivo, Apple, Samsung, HTC and Sony.
Smart IoT Device Brings Future Homes into Focus, but Sparks with Interoperability Issue
With the dawn of home automation having been heralded for years, the 'smart' label of in-home products as forthcoming additions has become ubiquitous in the sustainable technology market. Global companies sought to further underline their credentials in home automation which led to a massive stretch of the imagination from smart light bulbs and thermostats to doorbells.
Jun 02, 2022 10:07 PM
Xiaomi's Q3 Net Profit Surged by 182.9% YoY, while R&D Spending Rises to CNY 5 Billion
Smartphone makers' product matrix is one of the sources of competitive advantage, and applications such as the Internet of Things and smart electric vehicles will be a future trend.
Nov 21, 2023 03:51 PM
Xiaomi Records a 4% Revenue Drop with Expanded Gross Profit
Compared with last year's period, Xiaomi sold 15.8% fewer devices. But it still has some reasons to cheer – it kept its third place globally as a manufacturer and remained 2nd in two major regions – Europe and the Middle East.
Sep 01, 2023 11:35 AM