OverviewSuggest Edit
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.
| Type | Public | |
| Founded | 2010 | |
| HQ | Beijing, CN | Map |
| Website | mi.com |
Recent NewsAll News
- 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
- Xiaomi exploring new products for Indian market
- Xiaomi launches Redmi Note 7 series in India
Latest Updates
| Employees (est.) (Sep 2018) | 16,129 | (+6%) |
| Revenue (FY, 2017) | ¥114.6 B | (+68%) |
Key People/Management at Xiaomi
Lei Jun
Founder,chairman and CEO
Lin bin
Co-Founder, President
Li Wanqiang
Co-Founder, Chief Brand Officer
Hong Feng
Co-Founder, Senior Vice President
Liu de
Co-Founder, Senior Vice President
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
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
| CNY | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|
Cash | 8.4b | 9.2b | 11.6b |
Accounts Receivable | 1.5b | 2.1b | 5.5b |
Prepaid Expenses | 3.1b | 4.7b | 11.4b |
Inventories | 8.6b | 8.4b | 16.3b |
Quarterly
| CNY | Q1, 2018 | Q2, 2018 |
|---|---|---|
Cash | 15.9b | 14.9b |
Accounts Receivable | 4.7b | 7.1b |
Inventories | 21.7b | |
Current Assets | 61.0b | 80.3b |
Annual
| CNY | FY, 2015 | FY, 2016 | FY, 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
| CNY | Q1, 2018 | Q2, 2018 |
|---|---|---|
Cash From Operating Activities | (1.3b) | 6.1b |
Cash From Investing Activities | 460.6m | (3.8b) |
Cash From Financing Activities | 3.3b | 1.2b |
Net Change in Cash | 2.5b | 3.5b |
| CNY | Y, 2018 |
|---|---|
Revenue/Employee | 3.0m |
Financial Leverage | -1 x |
Xiaomi Operating Metrics
Xiaomi's Smartphones Shipped was reported to be 91.4 m in FY, 2017.
Xiaomi Acquisitions / Subsidiaries
| Acquired Company | Date | Deal 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. |
Xiaomi Revenue Breakdown
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
1.14m Twitter followers
Xiaomi has 1.14m Twitter Followers. The number of followers has increased 5.7% month over month and increased 17.9% quarter over quarter
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Twitter Engagement Stats for @xiaomi
5.5k
Tweets
401
Following
1.1m
Followers
195
Tweets last 30 days
1.1k
Avg. likes per Tweet
99.5%
Tweets with engagement
Xiaomi News and Updates
March 07, 2019
Xiaomi Says It Will Offer First 5G Phone in China: NPC Update
Xiaomi Says It Will Offer First 5G Phone in China: NPC Update
March 01, 2019
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...
February 28, 2019
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 …
February 28, 2019
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.
February 27, 2019
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%
February 25, 2019
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
February 24, 2019
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
February 20, 2019
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
February 18, 2019
Xiaomi becomes No.1 Smartphone brand in Ukraine in Q4 2018: Canalys
Since it officially entered Ukraine in 2016
January 31, 2019
Xiaomi releases Redmi Go smartphone at Php 3,990
Xiaomi's first AndroidTM Go device will first be available in the Philippines
January 23, 2019
[NEWS] Xiaomi launches new cross-border e-commerce platform ShareSave
Offering ecosystem products with a social-based model
January 11, 2019
Xiaomi announces dual core five-year strategy of Smartphone & AIoT
Company to invest RMB 10 billion in AIoT in the next five years.
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.