Xiaomi’s first smartphone launched in 2011, and it now enjoys a spot in China’s top four largest smartphone brands. It also has a sizable overseas expansion: Xiaomi phones hold the largest market share in India, one of the fastest-growing smartphone markets in the world. Xiaomi’s financial record is still relatively short—it went public just over a year ago—but diversifying its brand with smart-home devices, an addition to its Internet of things ecosystem, should help growth average 20% in the next two years.
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Company Information
Overall Score | 3.0 |
Sector | Information Technology |
Industry | Technology Hardware, Storage and Peripherals |
CEO | Lei Jun |
Website | www.mi.com |
HQ Location | Beijing |
Country | China |
Revenues ($M) (Past 12 Months) | $27,982 |
Profits ($M) (Past 12 Months) | $1,610 |
Market Value as of Oct. 9, 2019 ($M) | $26,547 |
Employees | 16,911 |