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Xiaomi manufactures and distributes mobile phones and consumer electronics. The Company also develops mobile applications. Xiaomi targets the lower-middle market and has gained a loyal fan base by incorporating user feedback into the design of its latest sets and Android skins. It offers internet value-added products including TV boxes, backpacks, phone screen protectors, earphones, and more.
TypePublic
Founded2010
HQBeijing, CN
Websitemi.com

Latest Updates

Employees (est.) (Sep 2018)16,129(+6%)
Revenue (FY, 2017)¥114.6 B(+68%)

Key People/Management at Xiaomi

Lei Jun

Lei Jun

Founder,chairman and CEO
Lin bin

Lin bin

Co-Founder, President
Li Wanqiang

Li Wanqiang

Co-Founder, Chief Brand Officer
Hong Feng

Hong Feng

Co-Founder, Senior Vice President
Liu de

Liu de

Co-Founder, Senior Vice President
Wang Chuan

Wang Chuan

Co-Founder, Senior Vice President, Minister of Group Strategy, President of Xiaomi China
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Xiaomi Office Locations

Xiaomi has offices in Beijing, Singapore, Taipei, Kuching and in 4 other locations
Beijing, CN (HQ)
Guanzhong Rd, Chaoyang Qu
Kuching, MY
Jalan Penrissen
Los Angeles, US
1530 Hillhurst Ave
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Xiaomi Financials and Metrics

Xiaomi Revenue

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Xiaomi's revenue was reported to be ¥114.62 b in FY, 2017 which is a 67.5% increase from the previous period.
CNY

Revenue (Q2, 2018)

45.2b

Gross profit (Q2, 2018)

5.7b

Gross profit margin (Q2, 2018), %

12.5%

Net income (Q2, 2018)

14.6b

EBIT (Q2, 2018)

(7.6b)

Cash (30-Jun-2018)

14.9b
Annual
CNYFY, 2015FY, 2016FY, 2017

Revenue

66.8b68.4b114.6b

Revenue growth, %

2%67%

Cost of goods sold

64.1b61.2b99.5b

Gross profit

2.7b7.2b15.2b
Quarterly
CNYQ1, 2018Q2, 2018

Revenue

34.4b45.2b

Cost of goods sold

29.1b39.6b

Gross profit

5.4b5.7b

Gross profit Margin, %

16%12%
Annual
CNYFY, 2015FY, 2016FY, 2017

Cash

8.4b9.2b11.6b

Accounts Receivable

1.5b2.1b5.5b

Prepaid Expenses

3.1b4.7b11.4b

Inventories

8.6b8.4b16.3b
Quarterly
CNYQ1, 2018Q2, 2018

Cash

15.9b14.9b

Accounts Receivable

4.7b7.1b

Inventories

21.7b

Current Assets

61.0b80.3b
Annual
CNYFY, 2015FY, 2016FY, 2017

Cash From Operating Activities

(2.6b)4.5b(995.7m)

Cash From Investing Activities

873.4m(3.7b)(2.7b)

Long-term Borrowings

(4.0b)(50.0m)(4.5b)

Cash From Financing Activities

568.4m(72.1m)6.2b
Quarterly
CNYQ1, 2018Q2, 2018

Cash From Operating Activities

(1.3b)6.1b

Cash From Investing Activities

460.6m(3.8b)

Cash From Financing Activities

3.3b1.2b

Net Change in Cash

2.5b3.5b
CNYY, 2018

Revenue/Employee

3.0m

Financial Leverage

-1 x
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Xiaomi Operating Metrics

Xiaomi's Smartphones Shipped was reported to be 91.4 m in FY, 2017.
FY, 2015FY, 2016Jan, 2017Q3, 2017Nov, 2017FY, 2017

Smartphones Shipped

66.55 m55.42 m27.60 m70 m91.41 m

Average Internet Services Revenue per User

¥28.90 ¥48.50 ¥57.90

Smartphone Average Selling Price

¥807.20 ¥879.90 ¥881.30

Connected Devices

50 m
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Xiaomi Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Beijing Duokan Technology Co.
Beijing Duokan Technology Co., Ltd.
Beijing Wali Internet Technologies Co.
Beijing Xiaomi Digital Technology Co.
Beijing Xiaomi Electronics Co.
Chongqing Xiaomi Microcredit Limited
Fast Pace Limited
Green Better Limited
Guangdong Xiaomi lnc.
Guangzhou Xiaomi Communications Co.
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Xiaomi Revenue Breakdown

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Xiaomi revenue breakdown by business segment: 8.6% from Internet Services, 20.5% from IoT and lifestyle products, 70.3% from Smartphones and 0.6% from Other

Xiaomi revenue breakdown by geographic segment: 28.0% from Rest of the world and 72.0% from Mainland China

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Xiaomi Online and Social Media Presence

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Xiaomi News and Updates

Xiaomi Says It Will Offer First 5G Phone in China: NPC Update

Xiaomi Says It Will Offer First 5G Phone in China: NPC Update

Mantis Vision's 3D Depth Sensing System in the Xiaomi Mi8 Explorer, 2018 Report Explores Physcial Analysis, Teardown, Physical Comparison, Manufacturing Process Flow, Cost Analysis & Price Analysis

DUBLIN, March 1, 2019 /PRNewswire/ -- The "Mantis Vision's 3D Depth Sensing System in the Xiaomi Mi8 Explorer Edition" report has been added to ResearchAndMarkets.com's offering. Following the lead of Oppo, one of its major competitors in China, Xiaomi has introduced 3D depth sensing...

Xiaomi exploring new products for Indian market

Chinese tech major Xiaomi Thursday said it is exploring new products, available in its home market, that can be introduced in India. "In China, we have 80-100 categories, while in India we have only 10-12 of these. Last year alone, we introduced new categories like televisions, suitcases etc in the …

Xiaomi launches Redmi Note 7 series in India

Chinese smartphone maker Xiaomi on Thursday refreshed the Redmi Note line-up in India with the launch of Redmi Note 7 Pro and Redmi Note 7 in the affordable segment.

After smartphones, Xiaomi now targets Samsung in home appliances segment

Xiaomi, which launched Mi TVs in 2018, aims to launch washing machines, refrigerators and water purifiers in 2019.Xiaomi has dethroned Samsung as India's largest smartphone maker, commanding a market share of 28.9%

Ranveer Singh to endorse Xiaomi smartphones in India

Chinese handset maker Xiaomi Monday said it has signed up Bollywood actor Ranveer Singh to endorse its range of smartphones in India. The financial details of the partnership and the tenure were not disclosed. "Since majority of India's consumers are still heavily offline based, it's necessary for a…
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Xiaomi Blogs

Xiaomi launches flagships Mi MIX 3 5G and Mi 9 in Barcelona

Available in May, Mi MIX 3 5G features the latest 5G wireless technology, unrivalled performance and a unique full screen display design

Xiaomi announces Mi 9 with AI triple camera for stunning photos

Starting from RMB 2999, Mi 9 runs on the latest Snapdragon™ 855 platform, and features 20W wireless charging—a world first

Xiaomi becomes No.1 Smartphone brand in Ukraine in Q4 2018: Canalys

Since it officially entered Ukraine in 2016

Xiaomi releases Redmi Go smartphone at Php 3,990

Xiaomi's first AndroidTM Go device will first be available in the Philippines

[NEWS] Xiaomi launches new cross-border e-commerce platform ShareSave

Offering ecosystem products with a social-based model

Xiaomi announces dual core five-year strategy of Smartphone & AIoT

Company to invest RMB 10 billion in AIoT in the next five years.
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Xiaomi Frequently Asked Questions

  • When was Xiaomi founded?

    Xiaomi was founded in 2010.

  • Who are Xiaomi key executives?

    Xiaomi's key executives are Lei Jun, Lin bin and Li Wanqiang.

  • How many employees does Xiaomi have?

    Xiaomi has 16,129 employees.

  • What is Xiaomi revenue?

    Latest Xiaomi annual revenue is ¥114.6 b.

  • What is Xiaomi revenue per employee?

    Latest Xiaomi revenue per employee is ¥7.1 m.

  • Who are Xiaomi competitors?

    Competitors of Xiaomi include HTC, iRobot and Ninebot.

  • Where is Xiaomi headquarters?

    Xiaomi headquarters is located at Guanzhong Rd, Chaoyang Qu, Beijing.

  • Where are Xiaomi offices?

    Xiaomi has offices in Beijing, Singapore, Taipei, Kuching and in 4 other locations.

  • How many offices does Xiaomi have?

    Xiaomi has 8 offices.