Xiaomi is a Chinese electronics company, which was founded in 2010 by Lei Jun and headquartered in Beijing. Xiaomi is not only known for its smartphone, but it invests in mobile apps, laptops, tv, bags, trimmer, earphones, air purifier, shoes, fitness bands and many other products. Xiaomi is ranked 468th, and it is the youngest company on fortune global 500 lists for 2019. The company entered the smartphone market in 2011 by launching its first smartphone and rapidly gained market share in China. It became China’s largest smartphone company in 2014. Not only this, Xiaomi has become the world’s fourth-largest smartphone manufacturer in the second quarter of 2018 along with leading as the second-largest market in India. The Logo ‘MI’ stands for Mobile Internet. It has other meanings, such as Mission Impossible. Xiaomi has increased its range of products, which includes Mi series, Mi Note Series, Mi Max series, Mi Mix Series, Pocophone, Blackshark, and the Redmi Series. Xiaomi has tried its hands-on television, speakers, tablets, laptops and smart home devices and it runs its own MIUI firmware.
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