Xiaomi

About

Xiaomi, a Chinese multinational technology corporation headquartered in Beijing, China, was founded on April 6, 2010. It is a public company best known for its extensive portfolio of consumer electronics, software, and electric vehicles, including smartphones that primarily run on the Xiaomi Hyper OS. With a reported revenue of US$50.971 billion (CN 365.906 billion) in 2024, Xiaomi has rapidly grown to become the second-largest manufacturer of smartphones globally, trailing only Samsung. The company's strong market position is further highlighted by its ranking as 338th on the Fortune Global 500, notably being the youngest company on this prestigious list. Often referred to as the 'Apple of China,' Xiaomi competes directly with industry giants like Samsung and implicitly with Apple, demonstrating its significant influence in the consumer electronics, computer hardware, and automotive industries.