Xiaomi was founded in April 2010. The company's mission is to "make technology accessible to everyone." Xiaomi makes a wide range of products, including smartphones, tablets, laptops, home appliances, and other consumer electronics.
1. Xiaomi was founded in 2010
Xiaomi was founded in 2010 by Chinese entrepreneur Lei Jun, who believes that high-quality technology doesn't need to cost a fortune. Since its launch, Xiaomi has created a vast ecosystem of products and services, including smartphones, laptops, home appliances, food delivery, and more. Xiaomi is now one of the world's leading smartphone companies, and its products are available in over 70 countries and regions.
2. The company's name
Xiaomi was founded in 2010 by Lei Jun, Lin Bin, and eight other co-founders. The company's name derives from the Chinese characters 米 and 小, meaning "rice" and "small", respectively. Xiaomi is the world's fifth-largest smartphone manufacturer, with a market share of 10 percent as of the fourth quarter of 2019.
3. Xiaomi's product range
Xiaomi was founded in April 2010 by serial entrepreneur Lei Jun, who believes that high-quality technology doesn't need to cost a fortune. We create remarkable hardware, software, and Internet services for and with the help of our Mi fans. We incorporate their feedback into our product range, which currently includes the Mi 4, Mi 3, RedMi 1S, RedMi Note, Mi Pad, Mi TV, Mi Band and other accessories. We also have a number of apps and services, such as MiCloud, MiTalk, Mi Market and Mi Games.
4. The company's philosophy
Xiaomi was founded in April 2010 by serial entrepreneur Lei Jun, who believes that high-quality technology doesn't need to cost a fortune. We create remarkable hardware, software, and internet services for and with the help of our Mi fans. We incorporate their feedback into our product development process. This makes our products more user-friendly and relevant to the needs of our users. Our products are designed for everyone and we price them fairly. We don't overcharge, and we don't inflate our products' specs. We believe that technology should make life easier, not more complicated. We also believe that our users should have a say in the products we create. That's why we involve our Mi Fans in everything we do, from product development to marketing.
5. How Xiaomi has grown since its inception
Xiaomi was founded in April 2010 by eight co-founders, including Lei Jun, who is now the CEO. Xiaomi has grown rapidly since its inception and is now the world's fifth-largest smartphone company. In March 2014, Xiaomi announced that it had secured US$1 billion in two rounds of funding, valuating the company at $10 billion. In addition to smartphones, Xiaomi also produces a range of other consumer electronics, including a virtual assistant powered by artificial intelligence, drones, home appliances, and food delivery.
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