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Mi (Xiaomi)

Xiaomi Inc.[2] (Chinese Mandarin: [ɕjàumì] ( listen), Chinese: 小米科技; pinyin: Xiǎomǐ Kējì, literally "millet technology";[3] English pronunciation: /ˌʃiaʊˈmiː/ or /ʃiˌaʊˈmiː/) is a privately owned Chinese electronics company headquartered in Beijing. It is the world's 4th largest smartphone maker.[4] Xiaomi designs, develops, and sells smartphones, mobile apps, laptops, and related consumer electronics.[5]

 

Since the release of its first smartphone in August 2011, Xiaomi has gained market share in mainland China and expanded into developing a wider range of consumer electronics, including a smart home (IoT) device ecosystem.[6][7][8][9] The company's founder and CEO is Lei Jun, China's 23rd richest person according to Forbes. The company sold over 60 million smartphones in 2014.[10]

 

The company has over 8,000 employees, mainly in mainland China, India, Malaysia,[11] and Singapore, and is expanding to other countries such as Indonesia, the Philippines, South Africa, and Brazil.[12][13]

 

According to IDC, in October 2014[14] Xiaomi was the third largest smartphone maker in the world, following Samsung and Apple Inc., and followed by Lenovo and LG. Xiaomi became the largest smartphone vendor in China in 2014, having overtaken Samsung, according to an IDC report.[15]

 

Xiaomi is 4th world's most valuable technology start-up after it received US$1.1 billion funding from investors.

They have launched new ultra books by the name of Mi Notebook Air taking the Laptop world by storm.

iaomi Inc.[2] (Chinese Mandarin: [ɕjàumì]Chinese科技pinyinXiǎomǐ Kējì, literally "millet technology";[3] English pronunciation: /ˌʃiˈm/ or /ʃiˌˈm/) is a privately owned Chinese electronics company headquartered in Beijing. It is the world's 4th largest smartphone maker.[4] Xiaomi designs, develops, and sells smartphonesmobile appslaptops, and related consumer electronics.[5]

Since the release of its first smartphone in August 2011, Xiaomi has gained market share in mainland China and expanded into developing a wider range of consumer electronics, including a smart home (IoT) device ecosystem.[6][7][8][9] The company's founder and CEO is Lei Jun, China's 23rd richest person according to Forbes. The company sold over 60 million smartphones in 2014.[10]

The company has over 8,000 employees, mainly in mainland China, IndiaMalaysia,[11] and Singapore, and is expanding to other countries such as Indonesia, the PhilippinesSouth Africa, and Brazil.[12][13]

According to IDC, in October 2014[14] Xiaomi was the third largest smartphone maker in the world, following Samsung and Apple Inc., and followed by Lenovo and LG. Xiaomi became the largest smartphone vendor in China in 2014, having overtaken Samsung, according to an IDC report.[15]

Xiaomi is 4th world's most valuable technology start-up after it received US$1.1 billion funding from investors, making Xiaomi's valuation more than US$46 billion.[16]Xiaomi entered the Indian market in July 2014 via flipkart.com.