Xiaomi Corporation

Xiaomi Corporation operates as an investment holding company, delivering a comprehensive suite of hardware, software, and internet services to a global customer base, including significant markets in Mainland China, India, and Europe. Its diverse business operations are organized into distinct segments: Smartphones: This division is primarily engaged in the sales of mobile communication devices. IoT and Lifestyle Products: Encompassing a wide array of smart devices such as televisions, laptops, AI-enabled speakers, and smart routers, alongside various other internet-of-things (IoT) hardware and lifestyle merchandise. Internet Services: Focused on providing advertising and internet-based value-added services, as well as participation in the online gaming and financial technology (fintech) sectors. Others: This segment handles hardware repair services for the company's product lines. Beyond these core areas, Xiaomi's extensive activities include the wholesale and retail distribution of both its own smartphones and products from its ecosystem partners. The company is also involved in the development, sale, procurement, and distribution of electronic products, software, hardware, and spare parts, coupled with the sourcing of raw materials. It manages its own network of retail stores and invests substantially in research and development for computer software and information technology. Furthermore, Xiaomi's portfolio extends to property management, commercial factoring, e-commerce platforms, market research, and the distribution of e-books. Its financial and consulting ventures encompass investment, asset management, project investment, investment consulting, and the facilitation of technology diffusion and transfer. The company also offers internet finance, consumer loan provisions, virtual banking, IT advisory, electronic payment solutions, and a variety of other internet-related services. Xiaomi Corporation was established in 2010 and is headquartered in Beijing, People's Republic of China.

Industry

Consumer Electronics

Sector

Technology

Headquarters

CN

CEO

Jun Lei

Listed since

Jun 19, 2023

Employees

56,531