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Xiaomi Mobiles Corporation (/ˈʃaʊmiː/;[2] Chinese: 小米), normally known as Xiaomi and enlisted in Asia as Xiaomi Inc., is a Chinese fashioner and producer of buyer gadgets and related programming, home machines, and family things. Behind Samsung, it is the second biggest producer of cell phones on the planet, the greater part of which run the MIUI working framework. The organization is positioned 338th and is the most youthful organization on the Fortune Global 500.[3][4]

Xiaomi was established in 2010 in Beijing at this point multi-extremely rich person Lei Jun when he was 40 years of age, alongside six senior partners. Lei had established Kingsoft as well as Joyo.com, which he offered to Amazon for $75 million of every 2004. In August 2011, Xiaomi delivered its first cell phone and, by 2014, it had the biggest piece of the pie of cell phones sold in China. At first the organization just sold its items on the web; nonetheless, it later opened blocks and cement stores.[5] By 2015, it was fostering an extensive variety of buyer electronics.[6] In 2020, the organization sold 146.3 million cell phones and its MIUI working framework has more than 500 million month to month dynamic users.[7] In the second quarter of 2021, Xiaomi outperformed Apple Inc. to turn into the second-biggest merchant of cell phones around the world, with a 17% portion of the overall industry, as indicated by Canalys.[8] It likewise is a significant producer of machines including TVs, electric lamps, automated elevated vehicles, and air purifiers utilizing its Internet of Things and Xiaomi Smart Home item biological systems.

Xiaomi keeps its costs near its assembling expenses and bill of materials costs by keeping the greater part of its items on the lookout for a considerable length of time, longer than most cell phone companies,[9][10] The organization likewise utilizes stock streamlining and streak deals to keep its stock low.