Xiaomi is an Internet company producing smartphones and smart hardware connected by an IoT platform at its core.
Xiaomi, founded in March 2010 and headquartered in Beijing, is a consumer electronics developer. The founder is Lei Jun. The company went public on the Hong Kong Stock Exchange on July 9, 2018. Its major shareholders are Lei Jun, Li Wanqiang and Hong Feng. Xiaomi's direct and indirect competitors include Huawei, OnePlus, OPPO, vivo, Apple, Samsung, HTC and Sony.
Pains Behind Xiaomi's Record Highs in 3Q 2020: A Long Way to Greatness
Xiaomi's recent surging stock price has revealed increasing investor confidence. Its recently released financials lived up to high expectations. However, the company's pain points behind the numbers are likely to pull down the market cap in the short term.
Nov 29, 2020 07:38 PM