About Xiaomi (Xiaomi.com)
Xiaomi (小米) is a privately owned Chinese electronics company headquartered in Beijing. It is the world's 5th largest smartphone maker. In 2015 Xiaomi sold 70.8 million units and was accountable for almost 5 percent of the global smartphone market. Xiaomi designs, develops, and sells smartphones, mobile apps, and related consumer electronics. Xiaomi was founded in 2010 by Chinese entrepreneur Lei Jun, who believes that high-quality technology doesn't need to cost a fortune. Xiaomi mobile phones are widely seen as a more economical yet value-for-money alternative to Apple and Samsung phones. Already with a significant market presence in Asia-Pacific in places like mainland China, Taiwan, Hong Kong, Singapore, Malaysia, Philippines, India and Indonesia, Xiaomi is now seeking to further increase its global presence. Xiaomi does not own any physical stores, and sells exclusively from its online store Xiaomi.com.