xiaomi

Xiaomi Corporation is a Chinese multinational electronics company founded in April 2010 by Lei Jun and several partners. Initially focused on smartphones, Xiaomi has since diversified its product range to include a variety of consumer electronics, such as smart home devices, wearables, laptops, and various other gadgets. One of Xiaomi's distinguishing features is its business model, which emphasizes online sales and low-profit margins on hardware sales, instead relying on services and software for revenue. This has allowed Xiaomi to offer high-quality products at competitive prices, which has contributed to its rapid growth and popularity, particularly in markets like China, India, and parts of Europe. Xiaomi is known for its MIUI custom Android user interface, which is pre-installed on most of its smartphones and provides additional features and customization options compared to stock Android. The company also invests heavily in research and development, particularly in areas such as artificial intelligence and internet of things (IoT) technologies. As of my last update in January 2022, Xiaomi was one of the largest smartphone manufacturers in the world by market share. However, please note that there may have been further developments since then.