Xiaomi mobile phone brands and their details

Xiaomi corporation is registered in Asia as Xiaomi Inc. which is a Chinese
multinational electronics company. Xiaomi was founded in April 2010 and situated its headquarters in Beijing. Xiaomi designs and makes development  in smartphones , mobile apps, laptops, home appliances, bags, shoes, consumer electronics, and many other products.

Xiaomi had released it’s first smartphone in August 2011 and rapidly had gained market share in China in order to become the country’s largest smartphone company in 2014. In 2018, Xiaomi made its place as the world’s fourth-largest smartphone manufacturer, leading in both the largest market, China, and the second-largest market, India.  

Later Xiaomi started developing a wider range of consumer electronics consisting  a smart home (IoT) product ecosystem, which connected more than 100 million smart devices and appliances.  Monthly active users (MAUs) of MIU has been increased to 291.6 million in September 2019.

Xiaomi deployed 18,170 employees worldwide expanding to other markets including Greater China, Singapore, Japan, South Korea, Russia, South Africa and most countries and regions in Southeast Asia and Europe. According to Forbes, Lei Jun, the founder and CEO, Xiaomi  has an estimated net worth of US$12.5 billion. It has made its place as 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. Ranked 338th, Xiaomi Corporation is one of the  the youngest company on Fortune Global 500 list for 2021.  In 2019, Xiaomi’s mobile phone shipments had reached 125 million units,ranking fourth globally since 2018. In Q2 2021, Xiaomi  has surpassed Apple to become the 2nd most popular smartphone brand in the world, according to Canalys.The company is listed on the Hong Kong Stock Exchange since 2018.

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