Xiaomi Corporation is a Chinese electronics company founded in 2010, headquartered in Beijing. Xiaomi’s logo “MI” represents Mobile Internet since Xiaomi was established to be a mobile-first technology company. Xiaomi manufactures and puts money on many products like smartphones, laptops, mobile apps, and electronics. Xiaomi has a total of 15,222 full-time employees, mostly in Beijing, Mainland China, including some of them in India, Taiwan, Indonesia, and Hong Kong.
Smartphones that Xiaomi assembles use their own version of Android MIUI firmware. Viewers suggest by marginalizing itself from the Android world, Xiaomi is making its way to success. The product quality and performance of their smartphones make it reliable for customers with amazing features, sound quality and camera are prominent as compared to other brands, hence enhancing its overall efficiency.
Xiaomi offers a variety of products in which smartphones are at the top of the list. It also provides electronics that include Xiaomi drones, robot vacuum, LED bulbs, Xiaomi scooters, security cameras, and smart sensor sets. Xiaomi uses recent technology in developing new products that bring innovation to the life of users. The basic purpose of Xiaomi is to provide the best products to clients around the world at an affordable price.
Net worth of Xiaomi
Xiaomi with 15,000 employees is booming in China, India, Malaysia, Singapore and is extending to Indonesia, Philippines, and South Africa. Forbes magazine reported that Lei Jun, CEO of Xiaomi, has an estimated net worth of US$12.5 billion.
Experts believe Xiaomi’s “new species” of business worth about $50 billion. Speculations are common that Chinese smartphone maker worth $100 billion when filed for Hong Kong IPO.
Is Xiaomi reliable?
Xiaomi is a trusted brand in China as well as in many other countries. Quality products of Xiaomi make it matchless, it’s budget line is exceptional with remarkable features apart from expensive leading gadgets like Mi 3 or Mi 4.
In 2017, Xiaomi doubled its smartphone shipments to become the world’s fourth-largest maker leading to a worth of about $90 million, driven by the emergence of the Indian market. It became the world’s largest IoT (Internet of Things) platform in terms of the number of connecting devices. Xiaomi brought in revenue of $26.07 billion and swung to a profit of $1.28 billion in the most difficult time when Chinese companies were facing the crisis. Its high profile IPO is attracting the investors to China’s technology market.
Xiaomi is the fastest growing brand in China having good quality and satisfying design with remarkable international growth and a goal of global expansion in 2019. Xiaomi has hardware, e-commerce and internet services with a huge potential for growth. Xiaomi represents itself as the internet company with a focus on user experience, whereas its wide-ranging hardware providing include everything from headphones, tablets, power strips and air purifiers and rice cookers. Xiaomi’s ambitions to be an Internet company rivaling Alibaba and Tencent Holdings, rather than hardware maker as they don’t rely on hardware to make a profit. Xiaomi’s attracts its client by channelizing internet services business and the low-profit smartphones, and new launches with premium products like Note Pro and Mi Mix 2. Xiaomi is expanding its consumer electronics business beyond the Chinese market.
Financial Expectations
The company said its revenue was $18 billion in 2017, up 67.5 percent against 2016. Estimated net profits of Xiaomi was over $1 billion in 2017, and its net profits approached to $5 billion in 2018, with an increment of 36.1% year-on-year driven by over 100 million shipped smartphones. In Q3 2018, smartphones sales volume touched 33.3 million units.
Xiaomi competes in the low-to-medium end of the smartphone market but experiences low levels of clients commitment, and users are preferring premium products and flagship smartphones. Xiaomi is gaining share in emerging markets such as India and is extending into developed markets such as the U.S with a goal with the best quality and variety of products, and good quality at a reasonable cost.
Xiaomi Smartphones
Smartphones that Xiaomi assembles use their own version of Android MIUI firmware. Viewers suggest by marginalizing itself from the Android world, Xiaomi is making its way to success. The product quality and performance of their smartphones make it reliable for customers with amazing features, sound quality and camera are prominent as compared to other brands, hence enhancing its overall efficiency.
Xiaomi is a trusted brand in China as well as in many other countries. Quality products of Xiaomi make it matchless, it’s budget line is exceptional with remarkable features apart from expensive leading gadgets like Mi 3 or Mi 4. In 2017, Xiaomi doubled its smartphone shipments to become the world’s fourth-largest maker.
Xiaomi is the fastest growing brand in China having good quality and satisfying design with remarkable international growth and a goal of global expansion in 2019. Xiaomi represents itself as an internet company with a focus on user experience. Xiaomi is gaining share in emerging markets with a goal with the best quality and variety of products, high value, reasonable cost.
Xiaomi tablet
Xiaomi has launched its fourth generation outsmarts its competitors with its elegant design and features. Mi Pad 4 has an 8 inch full HD screen having three models with some differences, significantly of storage and RAM. It runs on a customized version of Android Oreo MIUI. MIUI has its own apps that function in Chinese.
The Mi Pad 4 has an 8MP front facing and a 13MP rear-facing camera. It has the face unlock feature so you can unlock your tablet easily. You can use it as a camera although it is not that good. Mi Pad 4 is the first tablet of Mi-series that use face unlock technology. Mi Pad 4 uses light sensors and adjust the brightness of the device according to the lighting condition. Its hardware is also upgraded to elevate its performance, providing the best experience to their users.
Xiaomi trust for innovation can be analyzed by considering Mi Pad 4. It is much improved as compared to their previous tablets. Its screen size is reduced so that it is convenient to use. Xiamoi Mi Pad 4 has a good quality screen with 1,920×1,080 resolution. It also supports SD card that increases its storage power up to 256GB. Xiaomi Mi pad 4 is the best choice for users who want to buy a top-drawer tablet.
If you want to buy Mi Pad 4 there are different options available i.e 3GB of RAM and 32GB of storage, 4GB of RAM and 64GB of storage. Xiomi also offers Mi Pad 4 with LTE and GPS. It has a good battery capacity i.e 6,000mAh battery. A combination of a good battery and a bigger display is amazing. It also has a Bluetooth5.0, dual-brand wifi, USB Type-c port, and a jack.