Rising tensions between China and India threatened to derail the Chinese smartphone maker’s growth prospects this year. But Xiaomi, which derives roughly 20% of its revenue from India, has weathered the storm thus far. Globally, the company recently surpassed Apple in phone sales and hopes its burgeoning smart-home device business will sustain its growth.
Xiaomi Corporation/VCG/Getty Images
Company Information
As of 8/3/2022
Country
China
Headquarters
Beijing
Industry
Electronics, Electrical Equip.
CEO
Lei Jun
Website
Company Type
Public
Ticker
XIACY
Revenues ($M)
$50,898.1
Profits ($M)
$2,998.2
Market Value ($M)
$41,072
Employees
33,427
Figures prepared in accordance with International Accounting Standards. Company is incorporated in the Cayman Islands. Executive offices are in China. Market value as of July 19, 2022.
Future 50As of 12/3/20
Overall Score
21
Sector
Information Technology
Historical Data
| Year | Revenues ($M) | Profits ($M) |
|---|---|---|
| 2019 | $27,982 | $1,610 |
Lists ranking Xiaomi
Latest news for Xiaomi
New players are piling into the world’s largest electric vehicle market—no auto experience requiredApril 10, 2021, 12:00 AM UTC
