2. Introduction
• Xiaomi Corporation was established by Lei Jun and 6 others
on 3rd. March, 2010, it is a global mobile internet enterprise
focusing on the research and development of intelligent
hardware and electronic products, and also an innovative
technology company working on high-quality smart phones,
smart TV and intelligent home.
• In 2019, Xiaomi was selected into the World’s top 500 list,
ranking 468th, Xiaomi is the youngest company on Fortune
Global 500 list for 2019. (Techvorm.com, 2019) In the same
year, Xiaomi sold 125 million of smartphones, ranking
number 4 in the world, and Xiaomi also sold 10.21 million
of TV, ranking first in China.
• The company was listed at the Hong Kong Stock Exchange
since 2018. (Wikipedia, 2020)
4. Process of development
• Founded by Lei Jun, Lin Bin and others. On August 16, 2010, Xiaomi
officially released the first Android based firmware MIUI, which is
similar to Samsung's TouchWiz and Apple's IOS.
• In September 2016, Xiaomi mobile phone was officially listed in the
European Union through cooperation with ABC Data.
• On 19 April, Xiaomi launched Mi 6, its flagship phone at the time, and
Mi6 is also considered as one of the most successful products made by
Xiaomi.
• On May 3, 2018, Xiaomi proposed to be listed on the Hong Kong stock e
xchange with the goal of raising $10 billion of IPO, which was expected t
o be the largest IPO offering in the world since 2014. (CNNMoney, 2018)
5. Conclusion
• Xiaomi is a very young company with only 10
years’ history, but it has been quite successful,
and it is also a company that always think
about making cheaper products for customers.
6. Bibliography
• Ranked 468th, Xiaomi Enters the Fortune Global 500 List for 2019, Techvorm.com, 2019
• Available at: https://techvorm.com/ranked-468th-xiaomi-enters-the-fortune-global-500-list-for-
2019
• Xiaomi Corporation, Wikipedia, 2020
• Available at: https://en.m.wikipedia.org/wiki/Xiaomi
• Xiaomi Phone with MIUI OS: a $310 Android with 1.5GHz dual-core SoC and other surprises,
Engadget, 2012
• Available at: https://www.engadget.com/2012-11-14-xiaomi-phone-2-mi-two-review.html
• Xiaomi to Set Up International Headquarters in Singapore, Hardware zone, 2014
• Available at: https://www.hardwarezone.com.sg/tech-news-xiaomi-set-international-headquarters-
singapore
• Chinese smartphone maker Xiaomi files for huge Hong Kong IPO, CNNMoney, 2018
• Available at: https://money.cnn.com/2018/05/02/technology/xiaomi-ipo-hong-kong/index.html
• Xiaomi Corporation, Baidu, 2020, available at:
https://baike.baidu.com/item/%E5%8C%97%E4%BA%AC%E5%B0%8F%E7%B1%B3%E7%A7%91%E6
%8A%80%E6%9C%89%E9%99%90%E8%B4%A3%E4%BB%BB%E5%85%AC%E5%8F%B8/3250213
•