place

Xiaomi

2018 initial public offeringsChinese brandsChinese companies established in 2010Companies in the Hang Seng China Enterprises IndexCompanies listed on the Hong Kong Stock Exchange
Computer hardware companiesComputer systems companiesElectronics companies established in 2010Electronics companies of ChinaHang Seng China 50 IndexHome automation companiesManufacturing companies established in 2010Mobile phone companies of ChinaMobile phone manufacturersMultinational companies headquartered in ChinaNetworking hardware companiesPages with non-numeric formatnum argumentsUse American English from November 2020Xiaomi
Xiaomi Science and Technology Park (20220414090237)
Xiaomi Science and Technology Park (20220414090237)

Xiaomi Corporation (ɕi̯ɑomi; Chinese: 小米), commonly known as Xiaomi and registered as Xiaomi Inc., is a Chinese designer and manufacturer of consumer electronics and related software, home appliances, automobiles and household hardware. It is the second-largest manufacturer of smartphones in the world, behind Samsung, most of which run on the MIUI (now HyperOS) operating system, which is based on the Android operating system. The company is ranked 338th and is the youngest company on the Fortune Global 500. Xiaomi was founded in 2010 in Beijing by now multi-billionaire Lei Jun when he was 40 years old, along with six senior associates. Lei had founded Kingsoft as well as Joyo.com, the latter of which he sold to Amazon for $75 million in 2004. In August 2011, Xiaomi released its first smartphone and, by 2014, it had the largest market share of smartphones sold in China. Initially the company only sold its products online; however, it later opened brick and mortar stores. By 2015, it was developing a wide range of consumer electronics. In 2020, the company sold 146.3 million smartphones and its MIUI (now HyperOS) mobile operating system has over 500 million monthly active users. As of 2023, Xiaomi is the third-largest seller of smartphones worldwide, with a market share of about 12%, according to Counterpoint. Its presence led some people to call Xiaomi the "Apple of China". It has come up with its own range of wearable items. It also is a major manufacturer of appliances including televisions, flashlights, unmanned aerial vehicles, and air purifiers using its Internet of things and Xiaomi Smart Home product ecosystems. Xiaomi keeps its prices close to its manufacturing costs and bill of materials costs by keeping most of its products in the market for 18 months, longer than most smartphone companies. The company also uses inventory optimization and flash sales to keep its inventory low.

Excerpt from the Wikipedia article Xiaomi (License: CC BY-SA 3.0, Authors, Images).

Xiaomi
An Ning Zhuang Road, Haidian District Qinghe

Geographical coordinates (GPS) Address Nearby Places
placeShow on map

Wikipedia: XiaomiContinue reading on Wikipedia

Geographical coordinates (GPS)

Latitude Longitude
N 40.0457 ° E 116.3115 °
placeShow on map

Address

An Ning Zhuang Road C
100193 Haidian District, Qinghe
Beijing, China
mapOpen on Google Maps

Xiaomi Science and Technology Park (20220414090237)
Xiaomi Science and Technology Park (20220414090237)
Share experience

Nearby Places