Xiaomi Inc. is a privately owned Chinese electronics and software company headquartered in Beijing. It is the world’s 5th largest smartphone maker in 2017. It designs, develops, and sells smartphones, mobile apps, laptops, and related consumer electronics.Since the release of its first smartphone in August 2011, It has gained market share in mainland China and expanded into developing a wider range of consumer electronics, including a smart home (IoT) device ecosystem. The company’s founder and CEO is Lei Jun, China’s 24th richest person according to Forbes. The company sold over 60 million smartphones in 2014.
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